Income Producing Retail Property For Sale
Waimea Canyon Plaza
8171 Kekaha Road
The Offering
Summary
- ASKING PRICE $2,600,000
- NOI 2024 ACTUAL $145,000
-
ADDRESS
8171 Kekaha Road
Kekaha, HI 96752 - TAX MAP KEY (4) 1-3-2:22
- TENURE Fee Simple
- REAL PROPERTY TAX $9,975.96 (2024)
- BUILDING SIZE 9,860 SF
- LAND AREA 37,026 SF
- YEAR BUILT 1988, Effective 1991
- ZONING C-N (Neighborhood Commercial)
Overview
Investment Highlights
Income & Owner-User Potential – Ideal for investors seeking income from existing improvements or owner-users looking for a highly visible West Side location.
Two Buildings with Solar Savings - Two stand-alone structures on-site provide the opportunity for multi-tenant use or operational separation. A leased photovoltaic system was installed in 2016 on the Menehune Food Mart building with potential to add on the roof of the in-line shops, providing long-term cost efficiency.
Commercial Kitchen – Building A, the in-line shops, is fully equipped with a commercial kitchen, including a hood, range, refrigerators, and a grease trap, offering a turnkey setup for food service operations.
High Visibility Corner Parcel - Strategically located on a triangular corner lot, the property offers outstanding exposure along Kekaha Road, a primary thoroughfare in West Kauai.
Multiple Access Points - Three ingress/egress points with drive through access provide excellent vehicular circulation and customer convenience, enhancing the functionality of the property for retail or service-related uses.
Zoning Flexibility – C-N zoning allows for a wide variety of commercial uses including retail, office, food service, and community-oriented businesses.
Significant Land Area with Parking – With over 37,000 square feet of land, the site offers ample parking and the flexibility to support a range of commercial uses or future redevelopment.
Gateway Location to Major Island Destinations – Positioned at the base of Kokee Road, the property benefits from steady local traffic as well as visitors traveling to Waimea Canyon, Kokee State Park, Kalalau Lookout and Napali.
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