3135 Lower Kula Rd - Storefront Retail/Office FOR SALE


Kula, HI 96790
$4,999,000 USD
808-344-7797
3135 Lower Kula Rd, Kula, HI for Sale
$4,999,000 USD
Storefront Retail/Office - FOR SALE
1/190
null | 6.61% Cap Rate

3135 Lower Kula Rd
Kula, HI 96790


HIGHLIGHTS

  • Fully leased mixed-use property with 100% occupancy in both commercial and residential components.
  • Exceptional panoramic views of ocean, mountains, and Haleakala crater from a premier Upcountry location.
  • Surrounded by affluent neighborhoods and rapid luxury residential growth, including gated communities.
  • Minutes from Kahului Airport and central Maui amenities; positioned for long-term capital appreciation.

OVERVIEW

This rare mixed-use gem offers a truly exceptional investment opportunity in one of Maui’s most desirable Upcountry locations. The property boasts 5,000 square feet of commercial space and 1,800 square feet of residential area, fully leased for immediate cash flow. Positioned at 2,500 feet elevation, it enjoys one of the most sought-after climates globally mild, clean air coupled with unobstructed 360-degree views of the Pacific Ocean, West Maui Mountains, and Haleakala Crater. Just 20 minutes from Kahului Airport with direct access to major domestic and international destinations, this site benefits from an affluent surrounding neighborhood with multimillion-dollar homes and high-end subdivisions under development. The property is strategically located near essential services, including a gas station, hardware store, bakery, restaurants, and farmer’s markets, serving an expanding population. Recent $150,000 upgrades ensure turnkey operation, while future potential shines with a Maui County master plan change to B-CT zoning, enabling upscale mixed-use development—think boutique condos, hotel, medical or corporate center. The parcel accommodates full utilities, dual water meters, fire hydrants, and infrastructure suitable for renewable energy and EV charging stations, aligning with government incentives. With subdivision and CPR opportunities, projected income can reach $500K–$600K annually as-is, with further development pushing returns dramatically higher. Offered at $4.99M, this property represents an unprecedented chance to acquire a landmark Maui asset that combines stability, strong current income, and extraordinary growth potential.

FOR SALE DETAILS

PRICE

$4,999,000 USD

PRICE/SF

$641 USD /SF

CAP RATE

6.61%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kula Town Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Auto Repair, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

Interim

APN/PARCEL ID

2-2-3-053-037-0000

ASK ABOUT THIS PROPERTY

Paul EisenbergPaul EisenbergMore Info
808-344-7797

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Paul EisenbergPaul EisenbergMore Info
808-344-7797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.