$795,000

1987 Olu Dr

Wailuku HI, 96737

Description

THIS LAND SALE INCLUDES THE ADJACENT LAND PARCEL AT 158 Markett Street consisting of 6490 square feet / .149 acres. The POSSIBILITIES ARE ENDLESS. MEET WITH OUR LAND PLANNER AND LANDSCAPE ARCHITECT TO DISCUSS THESE GREAT POTENTIALS. This parcel is rare because it offers rear access through the alley which allows on-site parking. There is street parking on adjacent streets as well. Between 1 and 2 blocks is public off street parking on both sides of the street. Commercial or multi-family use, on the most prestigious street in downtown Wailuku. Right in the heart of the county redevelopment zone. Be inspired by attending a Waiuku Community Meeting which is one example of the tight knit flavor of the local environment. Gather with people you never met before at the quaint coffee shops. Browse through the quaint shops with items of yesteryear you will remember and sold at sensible prices. This property is in the rapidly growing central part of Maui. It is close to federal, state and county buildings, schools, shopping, services, church, hospital, doctors, groceries and eating estabiishments. The old and well known Iao theatre is located here. ALL DIMENSIONS ARE APPROXIMATE: TAX INFORMATION: 2018 assessment: $99,700 Monthly Taxes: $60.25.month 2. On the 158 Market Street property, the setback requirements are as follows: 1 to 2 stories No setback requirements 3 stories 10 feet 4 stories 20 feet 3. On 1987 Olu Drive, the setback requirements are: 1 to 2 stories 6 feet 3 stories 10 feet 4 stories 20 feet Parking may be on the first floor level. Parking in the back can remain. Contact listing agent for potential building and land use possiblitities: CHARM AND ROMANCE COME ALIVE WITH THE 4 STORY ZONING POTENTIALS. ENJOY THE SCENIC VIEW FROM THE POTENTIAL 3RD AND 4TH FLOOR PENTHOUSE WITH A SPIRAL STAIRCASE. IDEAL FOR A LIVE/WORK OCCUPANCY BY A PROFESSIONAL AND OFFICE AND RETAIL SPACE BELOW. Parking may be on the first floor level and parking in the back may remain. Contact listing agent for potential building and land use possibilities CAPITALIZE ON THE WAILUKU CIVIC CENTER PROJECT POTENTIALS: It may be a strong, economic driver for the area. 1. A 438 stall parking structure at $.50 per hour or a $25 a month permit. 2. 7,510 square foot festival plaza and 5,500 square foot c

Details

MLS#388350
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site194

Features

Acreage0.15
Property ViewYes
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Area Information
StateHI
CityWailuku
Zip Code96737
AreaWailuku
Listing VS Median (in 96737)
Price:
$795,000
low | high
Med:
$795,000
50% of Average
On Site:
194
low | high
Med:
194
100% of Average
Sourced by Back At You
Listing Updated: March 7, 2021 8:04:16 PM PST
Saul Larner LogoMLS Number: 388350
Listing Provided By:
Saul Larner  of  SP Larner

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