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    320 Ohukai Rd , #411

    Kihei, HI 96753
    • $295,000
    • STATUS: Active
    • ON SITE: 90 days
    • MLS #: 389521
    UPDATED: 38 min ago
    $295,000
    • 0
      BEDS
    • 0.82
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Area:
    Land Tenure:
    Fee Simple

    School Ratings & Info

    Listing courtesy of Cardonerealty Corp..





    Description

    At current interest rates, the cost of owning you own fee simple office condominium is lower than rent. Kihei Commercial Plaza is a concrete tilt-up project, which is a much higher grade of construction than typical framed buildings. This 2nd floor unit is serviced by a passenger elevator for easy access. Unit 411 has only one contiguous neighbor, the Calvary Chapel food pantry, making this unit quieter than most. Unit 411 is configured for an open floor plan, and has a private restroom. SBA 504 financing is available for up to 90% of the purchase price for owner-users, and any improvements can also be covered at 90%. The SBA interest rate at the time of listing is a ridiculous 2.43%. The SBA 40% portion of the loan is amortized over 25 years with no balloon payment, and the rate is fixed for the entire 25 years. Your bank will make a first mortgage for 50% of the purchase price at an exceptional rate and terms, as this low loan-to-value is an attractive loan. Only makai facing ground floor retail unit with full glass storefront and double glass entry doors. Great exposure for your retail business. This unit has a Certificate of Occupancy for retail.

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    This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2021, REALTORS® Association of Maui, Inc. All Rights Reserved. Data last updated: 2021-03-05T07:06:21.49.
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    320 Ohukai Rd , #411 Kihei, HI 96753

    • Price: $295,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 389521
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.82
    Acres
    Neighborhood:
    Kihei
    Area:
    Kihei
    Property Description
    At current interest rates, the cost of owning you own fee simple office condominium is lower than rent. Kihei Commercial Plaza is a concrete tilt-up project, which is a much higher grade of construction than typical framed buildings. This 2nd floor unit is serviced by a passenger elevator for easy access. Unit 411 has only one contiguous neighbor, the Calvary Chapel food pantry, making this unit quieter than most. Unit 411 is configured for an open floor plan, and has a private restroom. SBA 504 financing is available for up to 90% of the purchase price for owner-users, and any improvements can also be covered at 90%. The SBA interest rate at the time of listing is a ridiculous 2.43%. The SBA 40% portion of the loan is amortized over 25 years with no balloon payment, and the rate is fixed for the entire 25 years. Your bank will make a first mortgage for 50% of the purchase price at an exceptional rate and terms, as this low loan-to-value is an attractive loan. Only makai facing ground floor retail unit with full glass storefront and double glass entry doors. Great exposure for your retail business. This unit has a Certificate of Occupancy for retail.
    Exterior Features

    Loading Loading Area Parking AssignedOnsite View Other Waterfront None

    Interior Features

    Air Conditioning Central A/C

    Property Features

    Amenities Fire Sprinker SystemHandicap AccessPrivate Restrooms Building Or Project Name Kihei Commercial Plaza Commercial Type Office Building Commercial Type1 Commercial-For Sale County Zoning M-1 Light Industrial Land Tenure Fee Simple Partial Ownership No Potential Short Sale No REO No Sewer Sewer County State Zoning Urban Utilities To Site Large Water MeterLight Electricity

    Listing information © 2021 REALTORS® Association of Maui, Inc.
    Listing provided courtesy of Cardonerealty Corp..

    This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. Copyright, 1995-2021, REALTORS® Association of Maui, Inc. All Rights Reserved. Data last updated: 2021-03-05T07:06:21.49.
     
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    Listing courtesy of Cardonerealty Corp..