Active

161 WAILEA IKE Pl Unit: A-102

Kihei HI, 96753

$1,045,000


Active

Commercial

Make Owning Your Own Maui Business Location a Reality! You or your clients might find the availability of this Wailea Town Center 800 SF Commercial Condominium an exciting & rare opportunity, as I did back in 2005. I have always owned the Real Estate for the LOCATIONS of my businesses over the last 40 years! Having the Peace of Mind, control, & security of determining one's own fate, regarding a Business Location cannot be underestimated! Most business owners on Maui are Tenants & paying other people's mortgages. The benefit of writing off the annual depreciation on your own business property may be an excellent tax advantage. Historically, the opportunity for property appreciation on Maui over time has proven itself time & again. The opportunity to balance income, rents, & overhead can be a useful tax planning strategy. As a business owner, having these opportunities on Maui, let alone in Wailea, may make sense to you or your clients. Unit A-102 is located immediately to the Right, on the South side, as you pass through the entrance columns at Wailea Town Center. I had the first pick of these units in 2005 & jumped on, arguably, 2 of the best locations. Unit A-102 offers prime exposure on 2 facades; 1 facing all incoming traffic at WTC & the other immediately facing the entrance to the revered Wailea Wine store. Excellent traffic-generating neighbors include Dr. Martin Dermatology, Wailea Suites, Hansen Realty, & Matteo's Osteria, along with many other well-established Maui businesses. Large format polished stone-like porcelain tiled floors, central A.C., an en-suite bathroom, an interior private office, a conference room, & solar electricity are worth noting. Listor is Owner. Buyer to participate in Seller's IRC 1031 Exchange & to Honor Seller's leaseback considerations.

403079

MLS ID

August 3, 2024

Listed

December 12, 2024

Updated

Map

161 WAILEA IKE Pl Unit: A-102
Kihei HI, 96753

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

4.16 Acres


Roof

Tile


Sewer

Public Sewer

Other Property Details

Area Name

Wailea/Makena


Taxes

$1,738


Tax Frequency

Annually


Garage

No


Parking

On Site, Unassigned


View

Yes


View Description

Mountain(s)


Water Source

Large Water Meter


Pool

No

Listing History

Date

Event

Price

12/12/2024

Active

12/2/2024

Pending

9/24/2024

Price change

$1,045,000

-5%

Courtesy of Maui Real Estate Advisors LLC

Listing Contact: 808-875-4444 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Mark Budaska shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 REALTORS Association of Maui, Inc. All rights reserved.

Data last updated 4:49 PM UTC, 12/12/2024

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