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MLS: 657828 (Active - For Sale)
 
Asking Price: $1,999,000 Fee Simple
Type: Commercial
District: Kawaihau
Street: 4-1558 Kuhio Hwy
Neighborhood: Kapaa Town Lots
Land Area: 9,000 SF
Days on Market: 371
(The Price of the property was lowered by $551,000 on 11/02/2022)
Year Built: 0
Easements: Electric,Sewer
Zoning: C-G
Roads: Major Thoroughfare,Paved,State
Land Recorded: Regular
Property Taxes: $12,926,.02
Assessed Value: $990,700
Assessed Ratio: 201.78%
Listing Courtesy: Kauai Aloha Real Estate, Inc.
Terms Acceptable: 1031 Exchange,Cash,Conventional
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Oceanfront East Side Home or Commercial Building

Whether you are a Kamaaina or Malahini, this outstanding 3,317 square feet of plantation style architecture features a lobby area, great room, kitchen, and 11 separate rooms with over two-thousand square feet of concrete parking in front and additional parking in the rear, situated on 9,000 sqft of land, allows only the limits of your imagination to guide your vision or your legacy. *
If you are looking for the perfect home or business location, why not have it all? Here is your chance to own an unobstructed ocean and park view property zoned General Commercial within highly visible Kapaa, complete with highway frontage. Currently in mixed-use as a business location and long-term rentals, this property should qualify for one of Kauai’s most recent tax exemptions, the mixed-use commercial property exemption.
Whether you are a budding entrepreneur or a seasoned practitioner, this property allows for a Kuhio Highway office or storefront and living quarters in the back, separated from the ocean by only the county park and the “Ke Ala Hele Makalae” coastal walk, jog, and bike path. Past uses have included home, MD’s offices, real estate Brokerages, and Vehicle rentals. However, the CG zoning allows for myriad possibilities including restaurants, hotels and motels, retail sales, and many more. A physician could wake in the morning, take a jog or leisurely stroll down the coastal path, shower and walk to the front of the building to see the first patients. Then, don a suit, jump in the ocean, or walk to the neighborhood swimming pool before preparing for an evening at one the many restaurants walking distance in either direction. *Do not hesitate! This opportunity to build your dream on Kauai will not last long.
*All examples and addenda are hypothetical. All possible uses and tax benefits, any buyer may consider, must be independently verified by the appropriate representatives of County, State and Federal government.


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2 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
23453804/28/201005/03/2010$1,472,000$1,472,000
63359010/23/201906/04/2020$1,550,000$1,240,000

3 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
2 Bed 1 Bath03/25/202005/23/2022$725,000$700,000
0 Bed 0.02 Bath04/27/202209/27/2022$1,750,000$1,600,000
14 Bed 14.01 Bath04/30/202201/25/2023$3,900,000$3,525,000
Average Price:  $1,941,667

 
This information has not been verified by the associate and should be
verified by the buyer. Information is deemed reliable but not guaranteed.
Copyright: 2014 by Hawaii Information Systems.
 
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