Active

5-5190 KUHIO HWY E4

HANALEI HI, 96722

$332,000


$628.79 per sqft

Active

528 sqft

Commercial

Built in 1930

Here is a great opportunity to own a Retail business in the bustling town of Hanalei! This established business has been specializing in infant and children's clothing, toys and accessories in the heart of Hanalei for 23 years and is a favorite of visitors and residents alike. The shop is on the main street of Hanalei and is part of the Ching Younge shopping center. This location is highly visible to the public as driving through or walking through Hanalei results in going right past it. The location results in very high shopper traffic and is surrounded by eating places in this quaint and popular town of Hanalei. The business is very popular to residents, tourists, grandparents, parents, aunties and uncles and also a place to go for baby showers.
The business is being sold with all existing inventory, Point of sale computer and programs, shelving, Air conditioners, display racks, business name and the good will. Lease is valid through October 2026 and expectations of being renewable. Owners are retiring and they will be happy to assist with the transition.
The Ching Young Center limits what type of business can be at each location by limiting competition of similar product within the center's confines. Currently, it is for children's gifts, toys, games and other related products and any change of this would require agreement between buyer and Center management.
Business and lease sale only, no physical real estate. Business will be free of any liens and obligations.
TMK Tax information is about the shopping center as a whole and not this listing).
Financials are available with a signed non-disclosure agreement, proof of funds and serious interest.
Any sale must be agreed upon with the management of the Ching Young Shopping center.
Listing broker is owner.

707202

MLS ID

January 16, 2024

Listed

May 24, 2024

Updated

Map

5-5190 KUHIO HWY E4
HANALEI HI, 96722

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.48 Acres

Other Property Details

Area Name

Hanalei


Days on Market

121


Garage

No


View

No


County

Kauai


Pool

No


Zoning

C-G

Listing History

Date

Event

Price

5/11/2024

Price Change

$332,000

-1%

4/11/2024

Price Change

$335,000

-13%

3/19/2024

Price Change

$385,000

-12%

1/24/2024

Active

 

Courtesy of Captain Ted Myers, Sole Proprietor, Captain Ted Myers

Listing Contact:  

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Data last updated 10:08 PM UTC, 5/24/2024

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