64-1015 MAMALAHOA HIGHWAY, Kamuela, HI 96743
PUUKAPU HOMESTEADS · Hawaii County
Key Facts
Description
This fee simple Waimea commercial property offers two fully occupied warehouse buildings with a versatile mix of storage/garage, retail, and residential uses. Building 1 is a warehouse structure featuring three individual storage/garage bays totaling approximately 5,000 square feet (about 1,666 square feet each), along with three one-bedroom, one-bath residential units totaling roughly 2,500 square feet. Building 2 includes two large warehouse bays totaling approximately 4,485 square feet, one with a mezzanine currently used as an office. Adjacent to the warehouse is a retail space of 1,450 square feet. Above the retail space, the second floor offers two one-bedroom, one-bath residential units with a laundry room totaling 1,450 square feet. Zoned Neighborhood Commercial 7.5, the property supports conveniently located services for nearby residents and workers, while accommodating a broad range of commercial and residential needs. All units in both buildings are fully leased, providing immediate income. The property is conveniently located just 0.8 miles northeast of central Waimea. Waimea, the largest town in North Hawai‘i, is home to approximately 10,000 residents. Its economy is rooted in ranching, farming, and support services for the world-renowned Mauna Kea observatories. The town also features two established private schools and a private hospital offering acute and emergency care. Parker Ranch, one of the oldest and largest ranches in the United States, is headquartered here, contributing to Waimea’s rich Paniolo heritage and expansive pastoral landscapes. This property presents an excellent opportunity for an owner-user or investor seeking a flexible, income-producing asset in a thriving North Hawai‘i community.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1987
Living Area
14,935 sq ft
Ownership
Full
Zoning
CN-7.5
MLS® Listing#
726197
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Lot Features
Construction
Utilities
Sewer
Financial Details
HOA
Yes
Annual Taxes
$20,262
Tax year 2025
Assessed Value
$1,893,600
Parcel Number
3640060130000
Affordability Calculator
$1,399,800
Estimated monthly payment
$37,252/mo
Principal $5,599,200 · Est. interest $7,811,382 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Kamuela, HI
- $1,000,000
- Median Listing Price
- 118
- Median Days on Market
- 2,214
- Median Sq Ft
- $1,011
- Median Price / Sq Ft
- 106
- Active Listings
- This home’s price is 600% above the area median.
- Its price per sq ft is 54% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kamuela, HI.
Location
Points of Interest in Kamuela, HI
Showing the Kamuela area map.
Nearby Schools
Hawaii Montessori Schools - Kamuela Campus
Elementary · 0.2 mi away
Parker School
Secondary · 0.8 mi away
Waimea Elementary School
Elementary · 0.9 mi away
Waimea Country School
Elementary · 0.9 mi away
Mala'ai: the Culinary Garden of Waimea Middle School
School · 0.9 mi away
Waimea Middle School
Secondary · 0.9 mi away
Small World Preschool
School · 1.0 mi away
Punana Leo O Waimea
School · 1.2 mi away
Kamehameha Elementary School
Elementary · 1.2 mi away
Kanuokaaina Public Charter School
School · 1.3 mi away
Hawai'I Preparatory Academy
School · 2.6 mi away
Waikoloa Elementary
Elementary · 10.3 mi away
Honoka'A Elementary School
Elementary · 13.0 mi away
Honokaa High & Intermediate School
Secondary · 13.1 mi away
Kohala Middle School
Secondary · 16.0 mi away
Kohala High School
Secondary · 18.0 mi away
Kohala Elementary School
Elementary · 18.0 mi away
Pa'Auilo Elementary and Intermediate School
Secondary · 18.5 mi away
Kohala Mission School
Elementary · 18.7 mi away
Hawaii Community College Palamanui
School · 30.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 59-217 LELE NAIA DR, Kamuela, HI | $5,199,000 | 4 | 3 | 3,004 |
| 65-1508 KAWAIHAE RD, Kamuela, HI | $5,200,000 | 5 | 6 | 5,604 |
| 62-3600 AMUAI PL 417, Kamuela, HI | $5,350,000 | 4 | 5 | 3,389 |
| 59-121 KIHI KIHI PL, Kamuela, HI | $5,390,000 | 4 | 4 | 3,113 |
| 62-3459 ALOALII PL, Kamuela, HI | $5,395,000 | 4 | 4 | 3,668 |
| 68-135 PUKAUA PL, Kamuela, HI | $5,700,000 | 4 | 5 | 3,992 |
Moving Cost Estimate
EXIT Agents in Kamuela
Listing Courtesy: KW Big Island - 8089376789
Presented by: Chiaki Yamada