3135 Lower Kula Rd, Kula/Ulupalakua/Kanaio, Hawaii

$3,200,000

3

Beds

2

Baths

1,236

Square feet

0.93

Acres

$ 0.00

HOA Fee

About 3135 Lower Kula Rd

Mixed-use property with both residential and commercial rentals, and an active auto shop business all included in the sale. Seller would consider a development partner or an outright sale. The property is undergoing expansive growth project opening up significant opportunity in the development space: 1. Working with Rob Cole, the Owner has applied for B-CT (Business Country Town) rezoning. Currently zoned Interim, and County of Maui Master Plan is Commercial. 2. Working on subdividing the Property into 2 TMK's and then CPR'ing the two resulting properties with Brook Starr/Tom Welch. 3. Upgrading the current 1.0" water meter to 2.0". The Owner is currently #71 on the list as of 1/1/2021, and based on historic progress estimates Feb-June of 2022. See Docs Section for Approved Property Uses of these upgrades. Low-density, lush Kula setting, 360-degree spectacular views: sunsets over both Pacific Ocean coasts, West Maui Mountains, and sunrises over Haleakala Crater. La Provence French Bakery/Restaurant and Kula True Value Hardware neighbors, plus a gated luxury residential development Kula I'O 1/3 mile away. Buy the property and rent out the shop space for additional income, buy the shop only, or buy both and live-work-play on Maui from your home. Owner financing possible with the right deal. Financial and Corporate Records available. SHOWINGS: Owner and Tenant Occupied, successful and active Business, NO DROP-INS - please contact your favorite Realtor for an Appointment.

Facts & Features

MLS® # 386650
Price $3,200,000
Bedrooms 3
Bathrooms 2.00
Square Footage 1,236
Land Tenure Fee Simple
Acres 0.93
Year Built 1959
Type Residential
Sub-Type Single Family
Status Active

Community Information

Address 3135 Lower Kula Rd
Area Kula/Ulupalakua/Kanaio
Subdivision Kula
City Kula/Ulupalakua/Kanaio
State Hawaii
Zip Code 96790

Amenities

Utilities County Water Meter Ins, Overhead Electricity, Telephone, TV Cable
Features Spa/Hot Tub, Storage, Workshop, Remodeled, Wall/Fence
View Mountain/Ocean
Is Waterfront No
Waterfront None
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description Level

Additional Information

Date Listed March 30th, 2020
Days on Market 546
Zoning Interim
Short Sale No
RE / Bank Owned No
Monthly Maintenance Fees 0.00

Listing Details

OfficeHawaii Life (KAP)

Listing Map

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