4585 Kukui St, 8-

Kapaa, HI, 96746
Contingent
  • 14beds
  • 14.25baths
  • 7,408sqft
  • 18,557lot
  • 1989Year Built
This is a leasehold property, with a master lease in force through 2084. The conceiver, designer, and architect for this property has shaped this investment opportunity from 1986 to present date. The property is located a block from the Pacific Ocean and the 13-mile oceanfront bike path in the heart of downtown Kapaa, Kauai, Hawaii. Hawaii is referred to as paradise, so allow this opportunity to be your gateway to your slice of Paradise. The lessee, seller of the subject property, sold approximately 1/2 of the original parcel interest and subleases 50% of the master lease obligation to that buyer. This is a diversified investment vehicle, with approximately 4,660 sq ft comprised of 14 residential rentals. Additionally, well established Hoku Foods occupies over 2,748 sq ft on the first or of the 3-story building. Income is strong at approximately 38K per month with low expenses. See PDF attachment for Seller overview and explanation of the arrangements and financial profile. There are a wide range of detailed financial and technical documents available for this property. Additionally, there are income expansion opportunities available on this property that could create a total of 52 senior housing units and the commercial 1st floor Hoku Food space. There is one water meter, 2 electric meters and it is sewer connected. This well-established property is located on the east shore of Kauai Hawaii, central to Kauai's principal business district.
Listing provided courtesy of:
Donald G. Pixler, eXp Realty

Get in touch

Interested in this property or one like it? Reach out today to talk with Bali Hai Realty.

4585 Kukui St, 8- is a Commercial Retail,special Purpose property located in Kapaa, Hawaii (445010001 County), featuring a 18,557 sqft lot, 7,408 sqft, 14 bedrooms, 13 baths, MLS #661282.

Based on information from one of the following Multiple Listing Services: Hawaii Information Services, Inc.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Hawaii Information Services, Inc. and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2022-05-20 23:03:05