This fee simple Waimea commercial property offers two fully occupied warehouse buildings with a versatile mix of storage/garage, retail, and residential uses. Building 1 is a warehouse structure featuring three individual storage/garage bays totaling approximately 5,000 square feet (about 1,666 square feet each), along with three one-bedroom, one-bath residential units totaling roughly 2,500 square feet. Building 2 includes two large warehouse bays totaling approximately 4,485 square feet, one with a mezzanine currently used as an office. Adjacent to the warehouse is a retail space of 1,450 square feet. Above the retail space, the second floor offers two one-bedroom, one-bath residential units with a laundry room totaling 1,450 square feet. Zoned Neighborhood Commercial 7.5, the property supports conveniently located services for nearby residents and workers, while accommodating a broad range of commercial and residential needs. All units in both buildings are fully leased, providing immediate income. The property is conveniently located just 0.8 miles northeast of central Waimea. Waimea, the largest town in North Hawai‘i, is home to approximately 10,000 residents. Its economy is rooted in ranching, farming, and support services for the world-renowned Mauna Kea observatories. The town also features two established private schools and a private hospital offering acute and emergency care. Parker Ranch, one of the oldest and largest ranches in the United States, is headquartered here, contributing to Waimea’s rich Paniolo heritage and expansive pastoral landscapes. This property presents an excellent opportunity for an owner-user or investor seeking a flexible, income-producing asset in a thriving North Hawai‘i community.