MORTGAGE AMOUNT $0
DOWN PAYMENT AMOUNT $224,250

MONTHLY MORTGAGE PAYMENT $0/span>
ADDITIONAL MONTHLY CHARGES $0
TOTAL MONTHLY PAYMENT $0
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MLS#: 397025
Bank Owned: No
Status: Active
Days on Market: 631
Offer Price: $1,495,000
Lot Size: Lahaina
City: Lahaina
Listed By: Berkshire Hathaway Maui Prop-L
Vacation Rental:
Posting Date: 09-27-2022 7:47pm
Last Update: 09-27-2022 7:47pm

LISTING PROVIDED BY

Alexander R Iskenderian RB-23602
808-280-7061
Alex@maui.net

Berkshire Hathaway Maui Prop-L
808-661-5200
BerkshireHathaway@maui.net
https://www.bhhsmauiproperties.com

PROPERTY DESCRIPTION

This property is a commercially zoned property that is currently designated by the county and state as apartment zoned (A-1). 1050 Front Street is perfectly set in a prime location in central Front Street in Lahaina Town. This commercial parcel has great opportunities for future development as a multi-unit investment rental property or low density apartment complex. Located directly across the street from the ocean with Pacific Ocean and outer island perspectives from the future second or third floors. 1050 Front Street is completely level and currently being used as a vacant parking lot. Front Street demands of the highest rental rates in the state of Hawaii and is in the heart of the islands most sought after employment. With little rental options in Lahaina 1050 Front Street provides an opportunity to have a lucrative investment while providing quality housing for the local work force and residents. The A-1 zoning may allow up to 9 condominiums/apartments to be built. This property would utilize county water and sewer. The Buyer is recommended to do their own due diligence on what can and cannot be done on 1050 Front Street. All Buyers and Buyers agents will be requested to complete a Non-Disclosure Agreement prior to receiving information package.

PRICE HISTORY

Date Days Ago Event Price

Last update: 7:47pm 9/27/2022

Disclaimer - This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure.