This offering consists of 9 of the 12 commercial/industrial condominium units at Oceanside Center, located at 4525 Akia Road in Kapaa, on the island of Kauai. The subject units range from 1,925 to 1,949 square feet and underwent an extensive renovation/condo conversion in 2019. The units can be purchased individually or a combination of multiple units.
INVESTMENT HIGHLIGHTS
IDEAL INVESTMENT OPPORTUNITY
Oceanside Center is currently 90% leased, providing an excellent opportunity for both owner-users and investors to purchase these fee simple units.
EXPANSION POTENTIAL
It may be possible to add additional floor area by constructing mezzanines in the units.
PARKING STALLS
Each unit comes with 7 deeded parking stalls.
OVERSIZED ROLL-UP DOORS
Each unit is equipped with an electric 12’x14’ grade level door and a walk-in consumer door. The walkway fronting the building allows drive-in access.
ROOF
The roof was painted with a GE silicone roofing material which comes with a 20-year labor and material warranty.
FIRE SUPPRESSION SYSTEM
Each unit is equipped with 3 state-of-the-art fire detectors connected to a central alarm monitoring company.
UTILITY CHECK METERING
The units are separately check-metered for electrical and water.
DEMISING WALLS
The units are constructed with floor to ceiling sound insulated steel studded demising walls.
EXTERIOR PAINT
The exterior of the building was recently painted.
PLANS DRAWN FOR RESTROOMS
The owner has prepared Plans for ADA compliant restrooms for each unit.
SECURE PARKING LOT
The elevated parking lot was recently paved. The perimeter of the lot is secured with a fence and gates.
PRIME LOCATION
Conveniently located in Kapaa with easy access to the main highway and readily accessible to Lihue and the North Shore of Kauai.
Please contact Danelle Santos, +1 808 482 7860, for showings.