64-1013 MAMALAHOA HIGHWAY, Kamuela, HI 96743
PUUKAPU HOMESTEADS · Hawaii County
Key Facts
Description
Rarely available, this fee-simple commercial property offers an exceptional combination of retail, residential, and warehouse space in a highly visible Waimea location. The ground floor features two retail units with highway-facing frontage totaling 1,100 square feet, while the second floor includes two studio apartments totaling an additional 1,100 square feet. Behind the retail and residential spaces is a substantial warehouse structure containing three versatile bays totaling 4,000 square feet (approximately 1,333 square feet each). These bays are ideal for storage, garage use, or a wide range of commercial operations. All units across the property are currently leased, providing immediate income potential. Zoned Neighborhood Commercial 7.5, the property is intended for conveniently located centers that serve nearby residents and workers with frequently needed goods and services—distinct from central commercial districts that serve broader, region-wide commercial activity. With its flexible layout, valuable zoning, and strong visibility along Mamalahoa Highway, this mixed-use property represents a rare opportunity just 0.8 miles northeast of Waimea town center. Waimea is the largest town in North Hawai‘i with approximately 10,000 residents. Its economy is anchored by ranching, farming, and its role as a support hub for the globally significant telescopes atop Mauna Kea. The town is also home to two well-established private schools and a private hospital offering acute care and emergency services. The world-renowned Parker Ranch is headquartered here, continuing the area’s historic ranching tradition rooted in the Waimea/Kohala region—celebrated for its Paniolo (Hawaiian cowboys) and sweeping volcanic grasslands. This property offers an exceptional opportunity for an owner-user or investor seeking a well-positioned, income-producing asset in one of Waimea’s most desirable commercial corridors.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1975
Living Area
6,200 sq ft
Ownership
Full
Zoning
CN-7.5
MLS® Listing#
726196
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Lot Features
Construction
Utilities
Sewer
Financial Details
HOA
Yes
Annual Taxes
$7,651
Tax year 2025
Assessed Value
$715,000
Parcel Number
3640060140000
Affordability Calculator
$799,800
Estimated monthly payment
$21,284/mo
Principal $3,199,200 · Est. interest $4,463,169 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
- 2,189
- Median Sq Ft
- $1,005
- Median Price / Sq Ft
- 109
- Active Listings
- This home’s price is 300% above the area median.
- Its price per sq ft is 36% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Kamuela, HI.
Location
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Points of Interest in Kamuela, HI
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 62-3600 AMAUI PL B101, Kamuela, HI | $2,845,000 | 3 | 3 | 2,082 |
| 62-3600 AMAUI PLACE D202, Kamuela, HI | $2,850,000 | 3 | 3 | 2,111 |
| 59-1638 KOHALA RANCH RD, Kamuela, HI | $2,885,000 | 4 | 5 | 4,250 |
| 59-473 PALILA PL, Kamuela, HI | $3,453,000 | 4 | 5 | 4,176 |
| 59-1104 KOHALA RANCH RD, Kamuela, HI | $3,490,000 | 5 | 5 | 5,498 |
| 59-3005 KAILANI PL, Kamuela, HI | $3,500,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Kamuela
Listing Courtesy: KW Big Island - 8089376789
Presented by: Chiaki Yamada