158 N MARKET St
PRICE: $749,000 Fee Simple
CLASS: Vacant Land
| MORTGAGE AMOUNT | $0 |
| DOWN PAYMENT AMOUNT | $112,350 |
| MONTHLY MORTGAGE PAYMENT | $0/span> |
| TOTAL MONTHLY PAYMENT | $0 |
PROPERTY DESCRIPTION
These lots are in the OPPORTUNITY ZONE with great tax benefits.TMK:(2)3-4-017-022 with 2,816 SF is contiguous to 158 N. Market street known as 1987 Olu Drive is directly makai of 158 Market. Both lots have the same zoning. Parcel 021 is zoned BMF-Business Multi-family in the Community Plan and the county zoning is Wailuku/Maui Redevelopment Area (WRA)Business/Multi Family. In the Wailuku Redevelopment Area Zoning and Development Code, Article II. Zoning Districts 30.04 Business/Multi Family District, 30.04.030 Permitted Uses (go to Assoc Docs for all the permitted uses). A. Principal uses:#11. HOTEL-Up to 20 rooms. More than 20 rooms shall require a MRA(Maui Redevelopment Area) Use Permit. C. MRA Use Permit: HOTEL; More than 20 rooms. A three story structure/45 feet, requires a 10 foot setback, front, side and rear. Market street qualifies.
Price History
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Last update: 7:46pm 11/23/2021
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.
