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Commercial sold for $1,200,000 in 92 days

10 Mohala St 10 Mohala St, Kaunakakai, HI, 96748

Neighborhood: Molokai Central

Off the market Commercial/Industrial

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Best Central location in Kaunakakai town with good parking. Steady Rental revenue from an established tenant mix of nine professional businesses on the Island of Molokai, Maui County. Two fully occupied, well maintained buildings of on approx. 1 acre. This is a prime Highway location at the end of Kaunakakai wharf and Ferry dock. Buyer may be asked to facilitate with a 1031 tax free exchange for seller at no cost to buyer. CPR # is actually 0000 reference MLS 201413275 Financials disclosed with confidentiality agreement. New 4G fiber to building with increased data capabilities.
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Property details

1991 year built
Price per sqft
$116/sqft
Address
10 Mohala St, Kaunakakai, HI, 96748
City of Hawaii
Kaunakakai
Island
Molokai
Year Built
1991
Frontage
Main Street, Side Street
Land tenure
FS - Fee Simple
Parking Spaces
51
Gross Income
144000.00
Net Operating Income
0.00
Neighborhood
Molokai Central
District
Molokai

Nearby major retailers

-
-
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Interior Features

51 parking places, Concrete, Wood floors
Roof
Composition
Property Condition
Above Average
Floor Covering
Concrete, Wood
Easements
None
Documents Available
Lease Documents, P&L
Garage & Parking
On Site, Street
Utilities Included
Large Water Meter, Light Electricity
Amenities
Private Restroom

Listed by

Tracy L Norling-Babbitt, Tropical Island Properties LLC
Name
Tracy L Norling-Babbitt
License number
RB-22755
Brokerage company
Tropical Island Properties LLC
MLS #
201503128

Buyer agent

Name
Tracy L Norling-Babbitt
Brokerage company
Tropical Island Properties LLC
(808) 553-3648

Payment calculator

Calculate your monthly payments
Mortgage
$3,685
Taxes
$743
HOA dues
$0
$4,428 per month
Mortgage
$240,000 / 20%
2.28%
30 years
Your amount $3,685 / month

Exterior Features

Wood Frame construction and more
Construction
Wood Frame

Lot details

TMK #2530010600001
Parcel nr.
2530010600001

Molokai Central neighborhood info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in Molokai Central

41%
Families with children
National average: 39%
31%
Non family households
4,827
Population
$87,269
Average Income

Age & gender

Median age 37 years
More info

Commute types

74% commute by car
More info

Education level

33% have high school education
More info

Number of employees

29% work in education and healthcare
More info

Vehicles available

34% have 1 vehicle
More info

Vehicles by gender

34% have 1 vehicle
More info

Housing market insights for 10 Mohala St

$298.64k
Neighborhood average
sales price*
$345k
Neighborhood median
sales price*
14
Number
of sales*

Housing type

75% are single detacheds
More info

Rooms

41% of the houses have 4 or 5 rooms
More info

Bedrooms

63% have 2 or 3 bedrooms
More info

Owners vs Renters

60% are owners
More info
9.67 / 20
Below Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Schools

15 schools with rating up to 7
School rating Distance
7
out of 10
Kilohana Elementary School
Kamehameha V Hwy, Kaunakakai, HI 96748
Elementary School
0.066mi
7
out of 10
Kilohana Elementary School
Kamehameha V Hwy, Kaunakakai, HI 96748
Middle School
0.066mi
NR
Akaula School
Po Box 2098, Kaunakakai, HI 96757
High School
0.367mi
School rating Distance
7
out of 10
Kilohana Elementary School
Kamehameha V Hwy, Kaunakakai, HI 96748
0.066mi
7
out of 10
Kaunakakai Elementary School
30 Ailoa Street, Kaunakakai, HI 96748
0.195mi
7
out of 10
Kaunakakai Elementary School
30 Ailoa St, Kaunakakai, HI 96748
0.322mi
NR
Akaula School
Po Box 2098, Kaunakakai, HI 96757
0.367mi
4
out of 10
Kilohana Elementary School
Kamehameha V Highway, Kaunakakai, HI 96748
0.968mi
School rating Distance
7
out of 10
Kilohana Elementary School
Kamehameha V Hwy, Kaunakakai, HI 96748
0.066mi
7
out of 10
Kaunakakai Elementary School
30 Ailoa St, Kaunakakai, HI 96748
0.322mi
NR
Akaula School
Po Box 2098, Kaunakakai, HI 96757
0.367mi
5
out of 10
Kualapuu Elementary - Public Charter School
260 Farrington Ave, Kualapuu, HI 96757
4.931mi
3
out of 10
Molokai Middle School
2175 Lihipali Ave, Hoolehua, HI 96729
5.483mi
School rating Distance
NR
Akaula School
Po Box 2098, Kaunakakai, HI 96757
0.367mi
NR
Ho'omana Hou School
Po Box 2047, Kaunakakai, HI 96748
0.367mi
5
out of 10
Molokai High School
2140 Farrington Ave, Hoolehua, HI 96729
5.461mi
5
out of 10
Molokai High School
2140 Farrington Ave, Hoolehua, HI 96729
5.462mi
NR
Molokai Christian Academy
P.O. Box 555, Ho'olehua, HI 96729
6.86mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Aug 31, 2016

Molokai Central Median sales price 2023

Bedrooms Med. price % of listings
1 bed $203k 42.86%
2 beds $450k 14.29%
3 beds $415k 42.86%
Date Event Price $/sqft Source
Aug 31, 2016 Sold $1,200,000 116.41 Public Record
Jun 28, 2016 Pending $1,575,000 152.79 MLS #201503128
Jun 20, 2016 Price Decrease $1,575,000 -7.11% 152.79 MLS #201503128
May 6, 2016 Price Decrease $1,695,500 -0.26% 164.48 MLS #201503128
May 6, 2016 Price Decrease $1,700,000 -2.86% 164.92 MLS #201503128
Apr 17, 2015 Price Decrease $1,750,000 -12.5% 169.77 MLS #201503128
Mar 11, 2015 New Listing $2,000,000 194.02 MLS #201503128

Taxes of 10 Mohala St, Kaunakakai, HI, 96748

32 - B-2 Community Business Dis zoning / MLS #201503128
Current Property Taxes p/month
$743
Assessed Improvement value
$897,500
Assessed Land value
$408,400
Land Recorded
Land Court
Zoning
32 - B-2 Community Business Dis
Flood Zone
Zone A
Total Assessed value
$1,305,900

Tax History

Year Taxes Source
2014 $8,919 MLS #201503128
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About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.

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Frequently Asked Questions about 10 Mohala St

What is 10 Mohala St?

10 Mohala St is a Exclusive Rights Commercial/Industrial property.

What is the rental income?

The net income is $0
*check with agent

What is the full address of this Commercial?

10 Mohala St, Kaunakakai, HI, 96748.

What comparable properties are nearby?

Comparable nearby commercial properties include 1638 10th Ave, 821 Olokele Ave, 2110 Beretania St, 1007 Elsie Ln, Address undisclosed, 725 Kapiolani Blvd.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Tropical Island Properties LLC.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.

Listing last updated: Aug 31, 2016
Verhouse Last checked 2 minutes ago


The closest grocery stores are Friendly Market Center, 0.14 miles away.
The Molokai Central neighborhood has a population of 4,827, and 41% of the families have children. The median age is 37.9 years and 74% commute by car. The most popular housing type is "single detached" and 60% is owner.
Commercial Sold $1.2m 10 Mohala St, Kaunakakai, HI, 96748 Save House Remove from Saved