Active

3135 Kula

Kula, HI

Asking $4,950,000

Baths
Yes
Yes
MLS: 396316
3135 Kula, Kula, HI

Multi use property is located in Kula, Maui one of Maui’s most affluent cities

Kula Town Center Road is a mixed-use property in the most excellent location in the world! Included in the sale of Kula Town Center is a profitable Auto Repair Shop that is recession-proof and a government-declared essential business. Existing improvements to Kula Town Center Road include a commercial shop building with a covered enclosable space, an office building, a 97-foot-tall radio/TV antenna pole, spaces for several food carts, a three-bedroom rental house, a two-story rental cottage currently under construction, storage building, RV parking pad, Hana Garden area with pool, gardens with rock walls, paths, fruit trees, flowers, and mature landscaping.

Kula Town Center has the potential for future development of 10-12 mixed-use condominiums with a finished value of $40 million, a medical plaza, restaurant, retreat, automobile dealership, and electric vehicle repair and charging Station needed in the area. The current zoning is in the interim as this property is master planned by the County of Maui to Business Country Town upon future application. Possible owner financing with at least $1.5 million cash down. Open to other creative financing options, including SBA financing and an outright sale, lease option, sale-leaseback, or partnership considered, and seller financing.

Relocate to paradise in Maui, Hawaii. Kula Town Center Road is situated on a 2500-foot elevation in Maui with remarkable weather: comfortable temperatures and sunny with a light breeze year-round. With 360-degree views of the 10,000-foot-high mountains and the beautiful Pacific Ocean below, Maui is considered one of the nicest island paradises. Close to all world-class water sports: surfing, wave, paddle boarding, diving, and fishing within a 30- minute drive. Pristine beaches, forests, mountains, & jungles are to be found everywhere on Maui. Hiking, climbing, golfing, cycling, parasailing, sailing, flying, and motorsports are available year-round. Excellent cultural, educational, and medical facilities are accessed throughout the island. Direct flights to most mainland cities from the Kahului Airport are reached within fifteen miles of the property. Kula Town Center is primed to offer an ideal investment opportunity with development potential providing a successful auto repair tenant and a variety of other uses in the heart of Lower Kula.

A note from Berkshire Hathaway Home Services: No drop-ins allowed; there is a guard dog on duty 24/7. Kula Towne Center is only shown to qualified buyers with a confidentiality agreement & appointment.

Amenities

Covered Patio
Deck
Lawn
Outside Access
Secure Building
Mountains
Cottage
Guest Room
Ocean View
No neighborhood or area info has been added for this property.

Map & Nearby Places

3135 Kula
- | Baths

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Alex Iskenderian / BHHSAllislands@gmail.com

Owner/Broker
Berkshire Hathaway HomeServices HI
HI Lic #:RB-23602
Photo of Alex Iskenderian / BHHSAllislands@gmail.com
Mobile: 808.280.7061
Fax: 808.661.5210