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SOLD
MLS: 669161
 
Asking Price: $1,295,000 Fee Simple
Sold Price: $1,118,000
Sold Date: 02/26/2024
Type: Residential
District: Kawaihau
Street: 4-940 Kuhio Hwy
Neighborhood: Waipouli
Beds: 3   Baths: 2
Living Area: 1,248 SF
Land Area: 9,410 SF
Parking: Covered,Unassigned
Amenities: High Traffic,Walking/Jogging Path
Days on Market: 372
(The Price of the property was lowered by $455,000 on 11/21/2023)
Year Built: 1977
Zoning: R-20
Roads: Major Thoroughfare,Paved
Property Taxes: $5,864
Assessed Value: $724,000
Assessed Ratio: 178.87%
Listing Courtesy: RE/MAX Kauai - Princeville Office
Terms Acceptable: Cash,Conventional,Open
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Residential or Commercial

CUTE HOUSE CLOSE TO THE BEACH! Walk or ride your bike to everything historic Kapaa Town has to offer. Or use this as a RARE OPPORTUNITY TO OWN COMMERCIAL PROPERTY IN PARADISE. High visibility with thousands of cars passing by each day on this main artery. Recently used as a legacy hair salon 2 additional businesses. Building is in tip-top shape and land has potential for 3 more dwellings. DO NOT DISTURB OCCUPANTS.

Building is very well maintained, updated with quality flooring, and modern fixtures. Several interior configurations allow for multiple options. Recently 3 businesses used the property. Easy to utilize with it's current configuration, or create something entirely new with your own vision. One split system A/C and 3 window unit A/Cs keep things cool.

Land is zoned R-20 (Residential - 20 homes per acre), so property is zoned for 4 dwellings total. Current building is set towards the front of the lot allowing a large backyard for further creative development. Sewer connection provides easy wastewater solution. Property has Special Use Permit for use as businesses. Ocean is 2 lots back and Ke Ala Hele Makalae Multi-Use Path (bike path) is one street back.

Be a part of historic Kapaa Town's future!

DO NOT DISTURB OCCUPANTS. Showings by appointment only. Sale is for property only. Business interests are not included.


 
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