Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the vacant, mixed-use redevelopment property located on the Hawaiian island of Kauai, at 2504 Kaumualii Hwy, Kalaheo, HI. The building totals 12,257 square-feet and is situated on 0.19 acres. The building currently has retail/office space on the first floor, an additional 3,000 SF of basement space. The property also features two residential units on the second floor, a studio apartment and a three-bedroom two-bathroom unit. There is also an additional 1,637 square-feet of warehouse space. The property has excellent visibility off of Kaumualii Highway (30,306+ VPD) and is located in close proximity to the Kukuiolono Park & Golf Course, Kahili Mountain Park, and the Grand Hyatt Kauai Resort & Spa. The Lihue airport also rests less than 20 minutes from the property. Kauai is Hawaii’s fourth largest island and is sometimes called the “Garden Island,” which is an entirely accurate description. The oldest and northernmost island in the Hawaiian chain is draped in emerald valleys, sharp mountain spires and jagged cliffs aged by time and the elements. Centuries of growth have formed tropical rainforests, forking rivers and cascading waterfalls! More than just dramatic beauty, the island is home to a variety of outdoor activities. But, it is the island’s laid-back atmosphere and rich culture found in its small towns that make it truly timeless. The island’s economy does not only thrive on tourism, but also the agricultural business the lush land provides & the US. Department of Defense. The Pacific Missile Range Facility is located just five nautical miles off the coast of Kauai, and is the world’s largest instrumented, multi-dimensional testing and training missile range.