Kula/Ulupalakua/Kanaio Upcountry
3135 LOWER KULA RD, KULA, HI 96790
$4,999,000 Fee Simple
About 3135 LOWER KULA RD
Also listed as Commercial-For sale - MLS# 408462. Best Mixed Use, Turnkey business/residential complex, Landmark & Iconic Maui, HI property. $26K/mo. existing & diversified residential & commercial rental income with 5,000sf commercial space and 1800sf residential space currently leased with 100% occupancy. Multiple very profitable business opportunities grossing over $1.2mil/yr. Additional rental and business income being added. This property is way less than free!! Subdividable and CPRable. Exceptional, 360 deg views in perfect weather, very affluent Lower Kula area of $2-15mil homes. This growing area needs more business development with a huge upside potential in the near future. Destined to be a possible $40mil project-mixed use condos, medical plaza, hotel/restaurant, or Kula Town Center. Purchase now at a high cap rate and realize your future income ambitions with this unique offering in Paradise. Almost an acre, all utilities, 2 water meters, level and all useable. Over $150K in repairs/upgrades recently. Owner or SBA financing with best terms available. 1031 Exchange, Sale Leaseback, or Lease Option possible. More info/pics at Loopnet.com and Bizbuysell.com. Do Not Disturb businesses/tenants. Shown by appt only. Beware!! Vicious guard dog on site 24/7. You will not find a better, more lucrative deal Anywhere!
Flooring
Stone/Concrete, Wood
Utilities to Site
Phone Connected, Public Water, Cesspool
Taxes and Fees
Taxes $566 monthly
| Beds | 2 |
| Baths | 1 |
| Living | 1,236 sq. ft. |
| Built | 1954 |
| Lot | 0.93 acres |
| View | Mountain/Ocean View |
| Status | Active |
| MLS | 408461 |
Listed by Nathalie Mullinix Rlty Universal Inc
Mary Anne Fitch may represent you as a Buyer's agent.
Direct phone number +1.808.250.1583
