Unicorn Sighting: Commercial Warehouse in the Heart of Kapalua at Pailolo Place
2.5 Acres of Light Industrial Zoned Land in Kapalua
Unicorn sighting: two and a half acres of light industrial zoned land with incredible views in the center of Kapalua Resort! Neighboring the Montage at Kapalua Bay, Merrimans Restaurant, the Kapalua Bay Golf Course, Napili Bay, and the Ritz Carlton, this land is surrounded by some of the most exclusive real estate in the islands…
This is the commercial section of the Pailolo Place development, which is a combination of 3 work-force housing buildings and 3 light industrial zoned warehouses. The whole M1-zoned 2.5 acres is offered at $7,250,000, or each parcel is available to purchase separately with or without a warehouse. The divided parcels (CPR) with warehouses built out will be $2.3M, $2.5M, and $6.5M range. The view above is where warehouse 2 and 4 are planned. To the right is building C of the Pailolo Place condos.
The warehouses are permitted and will be delivered with the exterior shell as well as landscaping, parking, roads, and lighting. The interior finishings such as AC and interior wall configurations would be built out to your specifications. Completion date is estimated for Fall 2021. For instance, above is the view of the pad for warehouse 2 looking up to Pineapple Hill in Kapalua. The plans for building 2 allows for a 5,900 sqft warehouse priced at $2.5M. Click here for details on purchasing the land. For information on how to purchase the warehouses separately, contact me.
This is the backyard at building 4 looking over the Kapalua Bay golf course with views of Lanai. Building 4 plans are for a two-story, 15,000 sq foot warehouse priced at $6.5M.
Above is the pad for warehouse 3, which will be approximately 5,500 square feet offered at $2,317,000.
This industrial area is just above the new Pailolo Place work-force housing that will be completed in Spring 2021. Above a shot of building A, but these condos are all sold.
Talking about location, location, location! Kapalua resort is experiencing a renaissance now as so many of us are looking for a sanctuary to live and play… what would you do with a brand-new light industrial building in the heart of Kapalua?
Maui M1 Zoning
M1 light-industrial zoned buildings on Maui allows for showrooms, automotive, art studios, gym, laundry, hotel services, wholesale activities, light manufacturing, storage spaces… even a work/loft situation is apparently feasible. Or an animal shelter. For Maui M1 zoning information, click here.
The driveway up to Pailolo Place is lined with Cook Pines and is located just across from Napili Bay.
Pailolo Place development is named after Pailolo Channel between Maui and Molokai…apparently, Pailolo means “Crazy Fisherman” in Hawaiian — as anyone would be crazy to try to cross this channel… This vacant land or warehouses are offered by Commercial Properties of Maui, but I can help you as a buyer’s agent.