This new listing is a rare opportunity to own commercial property in Haiku town. This property has a lot of potential for creative buyers. The main building is 1,062 square feet with a second building of 555 square feet. The property includes solar system, commercial septic system, grease trap, 8 parking stalls, certified commercial kitchen. It is difficult to find buildings with grease traps on Maui and installation and permitting can be both time consuming and expensive. This makes for an interesting opportunity. This property is listed for through Fred Haywood Realty for $750,000. This property sold! Contact The Maui Real Estate Team for assistance with other potential 1031 properties.
How Are Sellers Impacted by The Department of Justice and NAR Settlement?
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Last week, I blogged about the settlement between the National Association of Realtors (NAR) and the Department of Justice (DOJ) and how it impacts buyers.