$4,800,000
$5,500,000
12.7%For more information regarding the value of a property, please contact us for a free consultation.
0.27 Acres Lot
SOLD DATE : 04/28/2021
Key Details
Sold Price $4,800,000
Property Type Commercial
Sub Type Commercial-For Sale
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 390120
Sold Date 04/28/21
HOA Y/N No
Lot Size 0.265 Acres
Acres 0.2652
Property Sub-Type Commercial-For Sale
Property Description
HISTORIC DOWNTOWN PAIA. Rare opportunity to own a historic mixed use commercial building in Paia. The Shops of Paia Bay is located on the makai (ocean) side of Hana Hwy, across from Charley's Restaurant, in the heart of Paia Town. This is UNIT A of the PAIA BAY CONDOMINIUM development. The limited common element for this Unit includes a lot size of 11,551sqft, a completely renovated commercial building of 5,499sqft interior, 1,448sqft covered lanai, 270sqft uncovered lanai, and 13 parking stalls. Three commercial spaces face Hana Hwy, with ocean views from the rear of the building. The upper level includes a commercial space, currently being used as an owner's suite, with a covered deck overlooking Paia Town, and an apartment with a lanai and incredible ocean views. There are a total of 4 bathrooms in the building, and other amenities include fire suppression sprinkler system throughout, grease trap installed, and upgraded plumbing and electrical throughout. The extensive renovations to the building and property make this an amazing turn key commercial investment, or potentially a perfect buy for a retail or potential restaurant operator with living space upstairs.. NOTE: FLOOR PLAN & ELEVATIONS IN Assoc Docs.
Location
State HI
County Us
Area Spreckelsville/Paia/Kuau
Building/Complex Name Shops at Paia Bay
Interior
Cooling Individual
Exterior
Parking Features On Site
Utilities Available Sewer Connected
Waterfront Description None
View Y/N Yes
View Mountain/Ocean
Roof Type Shingle
Building
Sewer Public Sewer
Water Small Water Meter
Others
Security Features Fire Sprinkler System
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trinity@thetrinityinfinity.com
2176 Lauwiliwili St. # 1, Kapolei, HI, 96707, United States