Sold MLS: 390120   Asking Price: $5,500,000 Fee Simple Sold Price: $4,800,000 Sold Date: 04/28/2021 District: Spreckelsville/Paia/Kuau City: Paia Street: 137 Hana Hwy Beds: 0   Baths: 0 Land Area: 11,552 SF Features: Mountain/Ocean View Days on Market Until Sold: 91

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HISTORIC DOWNTOWN PAIA. Rare opportunity to own a historic mixed use commercial building in Paia. The Shops of Paia Bay is located on the makai (ocean) side of Hana Hwy, across from Charley's Restaurant, in the heart of Paia Town. This is UNIT A of the PAIA BAY CONDOMINIUM development. The limited common element for this Unit includes a lot size of 11,551sqft, a completely renovated commercial building of 5,499sqft interior, 1,448sqft covered lanai, 270sqft uncovered lanai, and 13 parking stalls. Three commercial spaces face Hana Hwy, with ocean views from the rear of the building. The upper level includes a commercial space, currently being used as an owner's suite, with a covered deck overlooking Paia Town, and an apartment with a lanai and incredible ocean views. There are a total of 4 bathrooms in the building, and other amenities include fire suppression sprinkler system throughout, grease trap installed, and upgraded plumbing and electrical throughout. The extensive renovations to the building and property make this an amazing turn key commercial investment, or potentially a perfect buy for a retail or potential restaurant operator with living space upstairs.. NOTE: FLOOR PLAN & ELEVATIONS IN Assoc Docs.

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