PROPERTY DESCRIPTION
This Kihei Portfolio consists of two separate fee simple parcels.
Located at 61 S. Kihei Road, Parcel 9 spans 29.2 acres and includes a 5,130-square-foot strip center occupied by popular tenants such as ABC Store, Ululani’s Hawaiian Shave Ice, Sugar Beach Shop, and Farmer’s Market Maui. These businesses attract both locals and tourists and boast high ratings on Yelp and Google. The expansive lot offers significant excess land, ideal for future development, with excellent frontage and visibility from Piilani Highway, South Kihei Road, and Uwapo Road.
Parcel 34 consists of 3.9 acres of vacant land situated at the corner of South and North Kihei Road, further enhancing the potential for a development play in this high-demand area.
INVESTMENT HIGHLIGHTS
Large Acreage Site
Over 33 acres of fee simple land ideally positioned for development to support the nearby resort and residential communities.
Potential to CPR or Subdivide and Sell Off
The site’s expansive acreage offers flexible options, including the potential to CPR or subdivide and sell off parcels, while retaining a portion for future development.
Income-Producing 5,100 SF Retail Center
61 S. Kihei Road, Parcel 9, is anchored by Ululani’s Hawaiian Shave Ice and ABC Store. This popular retail strip center generates steady income with significant excess land available for future growth and development.
Separate Corner Parcel
Parcel 34 is 3.9 acres of vacant land offering further development potential.
Located in SMA
The property is subject to Special Management Area (SMA) regulations.
Prime Location
Situated 1-block from the beach, in the heart of Kihei with excellent frontage and visibility along Piilani Highway, South and North Kihei Road.