380 Hookahi St
380 Hookahi St
Wailuku, HI 96793
Located in the heart of Wailuku Industrial Park, this 10,342 sq. ft. (rentable area) commercial property offers excellent visibility and convenient access, just minutes from Kahului Airport and nearby government offices. Zoned M-1 Light Industrial, the property allows for a wide range of commercial and light industrial uses, including warehousing, distribution, manufacturing, service businesses, and office operations. This flexible zoning makes the property ideal for both owner-users and investors seeking long-term versatility and income potential. The building includes approximately 7,917 sq. ft. of ground-floor space featuring warehouse, office, and showroom areas, with an additional 2,425 sq. ft. of office space on the second floor. It is currently leased to a diverse mix of tenants, including a dry-cleaning business, yoga studio, hula studio, and hair salon, generating a net operating income of $144,950 per year. A 75-kilowatt photovoltaic system provides additional annual income of approximately $24,000. With 900 amps of electrical service and a 1 water meter, the building is well-equipped to support high-demand users. Currently, 1,060 sq. ft. of office space is available for lease, offering an opportunity for additional rental income or owner occupancy. This is a rare chance to own a high-performing, multi-tenant property in one of Mauis most accessible industrial areas.
$3,500,000
MLS# | 406344 |
Price | $3,500,000 |
Beds | |
Baths | |
Square Feet | 19349 |
Lot Size | 0.4442 Acres |