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

$1,045,000

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4.16

Acres

About 161 Wailea Ike Pl, Unit A-102

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.

Features of 161 Wailea Ike Pl, Unit A-102

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

Community Information

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

Amenities

Utilities Sewer Connected
Short Term Rental Allowed No
Parking On Site, Unassigned
View Mountain(s)
Is Waterfront No
Waterfront None
Has Pool No

Interior

Cooling Central Air
Fireplace No

Exterior

Roof Tile

Additional Information

Date Listed August 3rd, 2024
Days on Market 131
Land Tenure Fee Simple
Short Sale No
RE / Bank Owned No
Monthly Maintenance Fees 536.72

Listing Details

OfficeMaui Real Estate Advisors LLC
Contact Info808-875-4444

Listing Map

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