4306 Aalona St 22,000 SF Industrial Building Kilauea, HI 96754 $7,054,100 CAD ($320.64 CAD/SF) 4.15% Cap Rate

Kilauea Mini Storage presents the opportunity to acquire an established self-storage operation together with the underlying fee simple real estate in Kilauea, one of the principal commercial and service centers on Kauai's North Shore. The offering includes a long-standing storage business operating from a centrally located property with convenient access to Kuhio Highway, providing connectivity to surrounding communities including Princeville, Hanalei, Kalihiwai, Anini, and Moloa?a.
The property consists of approximately 22,000 square feet of improvements situated on a 29,518-square-foot site. Improvements include a three-level steel warehouse building and a separate self-storage building that support the property's ongoing operations. Constructed in 1980, the asset has an established operating history and serves a broad customer base that includes local residents, contractors, property managers, small businesses, and seasonal homeowners throughout the North Shore market.
Fee simple ownership is a notable characteristic in Hawaii, where many commercial properties are held under leasehold interests. The property's location within a supply-constrained market benefits from limited commercial and industrial land availability, creating barriers to new competing development. Existing customer relationships, operating infrastructure, and immediate income generation provide a foundation for continued ownership and operational growth.
The offering is available as a complete package including the operating business, land, and improvements. Investors and owner-operators have the opportunity to acquire a functioning business with existing cash flow in a well-established North Shore location that serves both residential and commercial storage demand.