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Kihei Gateway

$ 15,850,000.00

PROPERTY DESCRIPTION
This Kihei Portfolio consists of two separate fee simple parcels.

Located at 61 S. Kihei Road, Parcel 9 spans 29.2 acres and includes a 5,130-square-foot strip center occupied by popular tenants such as ABC Store, Ululani’s Hawaiian Shave Ice, Sugar Beach Shop, and Farmer’s Market Maui. These businesses attract both locals and tourists and boast high ratings on Yelp and Google. The expansive lot offers significant excess land, ideal for future development, with excellent frontage and visibility from Piilani Highway, South Kihei Road, and Uwapo Road.

Parcel 34 consists of 3.9 acres of vacant land situated at the corner of South and North Kihei Road, further enhancing the potential for a development play in this high-demand area.

INVESTMENT HIGHLIGHTS
Large Acreage Site
Over 33 acres of fee simple land ideally positioned for development to support the nearby resort and residential communities.

Potential to CPR or Subdivide and Sell Off
The site’s expansive acreage offers flexible options, including the potential to CPR or subdivide and sell off parcels, while retaining a portion for future development.

Income-Producing 5,100 SF Retail Center
61 S. Kihei Road, Parcel 9, is anchored by Ululani’s Hawaiian Shave Ice and ABC Store. This popular retail strip center generates steady income with significant excess land available for future growth and development.

Kihei Gateway
Parcel 34 is 3.9 acres of vacant land offering further development potential.

Located in SMA
The property is subject to Special Management Area (SMA) regulations.

Prime Location
Situated 1-block from the beach, in the heart of Kihei with excellent frontage and visibility along Piilani Highway, South and North Kihei Road.

Basic Facts

Status: Type: Purchase Type: Fee Simple Lot size: 33.1 acres

View on map / Neighborhood

Additional Resources

  • Fact Sheet

    • Anthony Provenzano

    • Executive Vice President

    Anthony Provenzano is an Executive Vice President with Cushman & Wakefield ChaneyBrooks, the oldest commercial real estate firm in Hawaii. Anthony is a top producer in the commercial real estate broker-age community and has earned several accolades for his success. Since Anthony joined Cushman & Wakefield ChaneyBrooks, he has consistently been the recipient of the Company’s #1 Broker of the Year award. With over 17 years of experience, he specializes in acquisitions and dispositions of commercial properties throughout the State of Hawaii. His in-depth knowledge of the Hawaii market has lead his clients to successfully complete transactions with a high level of certainty and confidence. Anthony has been successful in formulating strong relationships with owners, investors, developers and buyers of commercial real estate. His distinct expertise combined with his ability to clearly articulate market demands has lead him to represent a wide range of clients on an institutional, national and local level. Raised on Oahu, Anthony studied Finance with a focus on Real Estate at the University of Hawaii at Manoa Shidler College of Business. During his studies, Mr. Provenzano served on the Financial Management Association Board and continues his involvement as a mentor. Anthony holds a Hawaii Real Estate Broker’s license, as well as the Certified Commercial Investment Member (CCIM) designation where he previously served as Board President. He also recently was awarded his Society of Indus-trial And Office REALTORS® (SIOR) designation, a professional symbol of the highest level of knowledge, production and ethics in the real estate industry.

    • Licensed Real Estate Broker - State of Hawaii: RB-22101
    • Certified Commercial Investment Member (CCIM): Board Member, Past President (2017)
    • Society of Industrial and Office Realtors (SIOR): Member
    This listing is located in Kihei, and is currently offered by Cushman & Wakefield ChaneyBrooks.