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SOLD
MLS: 644447
 
Asking Price: $1,825,000 Fee Simple
Sold Price: $1,675,000
Sold Date: 03/15/2022
Type: Commercial
District: Kawaihau
Street: 4-953 Kuhio Hwy
Neighborhood: Waipouli
Full / 1 Half
Living Area: 2,042 SF
Style: Special Purpose
Land Area: 12,676 SF
Parking: Unassigned
Amenities: High Traffic,Office,Storage Area
Days on Market: 1176
(The Price of the property was lowered by $25,000 on 03/23/2021)
Year Built: 1950
Zoning: C-G
Roads: Major Thoroughfare,Paved
Property Taxes: $4,976
Assessed Value: $614,300
Assessed Ratio: 297.09%
Listing Courtesy: RE/MAX Kauai - Kapaa Office
Terms Acceptable: Cash,Conventional,Open
Google Map   County Records
 
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2 COMMERCIAL LOTS IN KAPAA TOWN RIGHT ON THE HIGHWAY

BACK-UP OFFERS CONSIDERED! 2 COMMERCIAL ZONED LOTS IN KAPAA TOWN RIGHT ON THE HIGHWAY. 2 Tax Map Keys. Many possibilities. This offering is unique opportunity to purchase TWO contiguous parcels along Kuhio Highway with favorable COMMERCIAL-GENERAL zoning that allows for various types of developments from mixed use, multifamily, retail, service, office, restaurant, and other commercial uses. Sewer, water, electric, cable all right there and ready for hook-up.

Historic Kapaa Town is home to the largest population base on Kauai at 10,500 beautiful people. Since 1947, Nakamura Repair has been servicing Kauai's vehicles. This is a rare opportunity obtain not one, but TWO Commercial lots on Kuhio Highway, that only comes along every 74 years. Just South of the property is Number #1 Chinese Restaurant and Taco Bell. Just North is the Waipouli Complex, with JO2 Restaurant and Tiki Tacos. Across the street are some small businesses and Texaco Gas Station. The beach and the bike path (Ke Ala Hele Makalae Multi-Use Path) is 3 lots away. High visibility with consistent flow of cars. Be a part of Kapaa's future!

As beautiful Kauai is a rural locale, commercial properties are rare. According to the MLS, there are only 24 commercially oriented properties for sale today on the entire island and only 14 are FEE SIMPLE Commercial-General. Sale includes Tax Map Keys 4-4-3-9-40 (a 5676 square foot lot with existing structure) and 4-4-3-9-16 (a 7000 square foot lot). The sale is for real estate only - business is not included.

Do not disturb Owner, employees, or customers. Park next door at Waipouli Complex, grab a Tiki Taco, and enjoy a respectful walk-by to get a feel of the area.


 
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