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