Situated on Front Street in Lahaina, rarely does a commercial building become available for sale. Millions of island visitors walk past this building every year. The property consists of two separate storefronts, each with a separate entrance from the street and connected by an interior opening in the common walls. The seller's art gallery is the current occupant and will vacate at closing, or will consider leasing the building back at a 4.5% cap to the new owner. Seller is also in the process of dividing the property into two condominium units as there are two distinctly separate units. Once approved, the seller will consider selling the units separately. Fantastic opportunity for an investor or owner/user.
|--||New Value: $11,000,000|
|3/8/2019 2:58:00 PM|