161 Wailea Ike Pl, Unit A-102, Wailea/Makena, 96753

REDUCED 5% Commercial Sale - Commercial-For Sale For Sale in Wailea Town Center

$1,045,000

–Beds
–Baths
–Sqft
4.16Acres
–Built
140DOM
MLS® #: 403079
Active, 140 Days on Market
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Make Owning Your Own Maui Business Location a Reality! You or your clients might find the availability of this Wailea Town Center 800 SF Commercial Condominium an exciting & rare opportunity, as I did back in 2005. I have always owned the Real Estate for the LOCATIONS of my businesses over the last 40 years! Having the Peace of Mind, control, & security of determining one’s own fate, regarding a Business Location cannot be underestimated! Most business owners on Maui are Tenants & paying other people’s mortgages. The benefit of writing off the annual depreciation on your own business property may be an excellent tax advantage. Historically, the opportunity for property appreciation on Maui over time has proven itself time & again. The opportunity to balance income, rents, & overhead can be a useful tax planning strategy. As a business owner, having these opportunities on Maui, let alone in Wailea, may make sense to you or your clients. Unit A-102 is located immediately to the Right, on the South side, as you pass through the entrance columns at Wailea Town Center. I had the first pick of these units in 2005 & jumped on, arguably, 2 of the best locations. Unit A-102 offers prime exposure on 2 facades; 1 facing all incoming traffic at WTC & the other immediately facing the entrance to the revered Wailea Wine store. Excellent traffic-generating neighbors include Dr. Martin Dermatology, Wailea Suites, Hansen Realty, & Matteo’s Osteria, along with many other well-established Maui businesses. Large format polished stone-like porcelain tiled floors, central A.C., an en-suite bathroom, an interior private office, a conference room, & solar electricity are worth noting. Listor is Owner. Buyer to participate in Seller’s IRC 1031 Exchange & to Honor Seller’s leaseback considerations.

Price & Status History

Date Details
Status Changed from Pending to Active
Status Changed from Active to Pending
Price Reduced from $1,095,000 to $1,045,000

Essential Information

MLS® #: 403079
Price: $1,045,000
Bathrooms: 0.00
Acres: 4.16
Type: Commercial Sale
Sub-Type: Commercial-For Sale
Land Tenure: Fee Simple
Status: Active

Community Information

Address: 161 Wailea Ike Pl, Unit A-102
Area: Wailea/Makena
Subdivision: Wailea Town Center
Building Name: Wailea Town Center
City: Wailea/Makena
State: HI
Zip Code: 96753

Amenities

Utilities: Sewer Connected
Parking: On Site, Unassigned
View: Mountain(s)
Waterfront: None

Interior

Cooling: Central Air

Exterior

Roof: Tile

Additional Information

Listed By: Maui Real Estate Advisors LLC
Date Listed: August 3rd, 2024
Days on Market: 140
Monthly Maintenance Fees: $536.72
Division: 2
Zone: 2
Section: 1
Plat: 008

Listing Details

Office Contact: 808-875-4444

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