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Hale'iwa Plantation Shops 66-526 Kamehameha Hwy 3,076 SF 100% Leased Retail Building Haleiwa, HI 96712 $7,678,980 CAD ($2,496.42 CAD/SF)
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
Property Subtype
Restaurant
Building Size
3,076 SF
Building Class
C
Year Built/Renovated
1914/2015
Price
$7,678,980 CAD
Price Per SF
$2,496.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.46 AC
Zoning
R-5 - The current zoning is R-5 Residential, Permitted Non-conforming, with an approved Conditional Use Permit issued in 2014.
Parking
26 Spaces (8.45 Spaces per 1,000 SF Leased)
Frontage
90’ on Kamehameha Hwy
Amenities
- Bus Line
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-6-2-007-020-0000 | Improvements Assessment | $695,536 CAD |
| Land Assessment | $2,855,197 CAD | Total Assessment | $3,550,733 CAD |
Property Taxes
Parcel Number
1-6-2-007-020-0000
Land Assessment
$2,855,197 CAD
Improvements Assessment
$695,536 CAD
Total Assessment
$3,550,733 CAD
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Hale'iwa Plantation Shops | 66-526 Kamehameha Hwy
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