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Haleiwa Plantation Shops 66-520 - 66-528 Kamehameha Highway Hwy 3,076 SF 100% Leased Retail Building Haleiwa, HI 96712 $7,713,945 CAD ($2,507.78 CAD/SF)

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Investment Highlights

Conditional Use Permit allows for operational flexibility - food, retail and destination retail
Exceptional Parking - Over 26 available parking stalls in the rear of the buildings
Low Real Estate Taxes - Due to its historical nature and special zoning enhancements, the assessed value is extremely low

No flood insurance required. Designed and rebuilt above the federal flood map
Phenomenal Highway Visibility - Direct frontage on Kamehameha Highway

Executive Summary

Haleiwa Plantation Shops is located in one of O‘ahu’s most supply-constrained commercial districts. It pairs irreplaceable Kamehameha Highway frontage with 3 prominent retail buildings, totaling 3,076 square feet, situated on a 16,993-square-foot lot with notable tenants, including the new location for Sunrise Shack, a notable cultural coffee and acai shop. The renovated plantation-era buildings contain a private 26-stall parking lot in the back of the buildings.

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Building Size

3,076 SF

Year Built/Renovated

1914/2014

Price

$7,713,945 CAD

Price Per SF

$2,507.78 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.18

Lot Size

0.39 AC

Zoning

R-5 - R-5 - Residential Zone, however Permitted Non-Confirming, Approved Conditional Use Permit Allows (retains) Commercial Use and Reconstruction Setbacks

Parking

26 Spaces (8.45 Spaces per 1,000 SF Leased)

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