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372 N Market St (Wailuku)

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372 N Market St, Wailuku
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Description
372 N Market St along with MLS 406550 (378 N Market) are both SF. B-2 commercial zoning within Wailuku Redevelopment Area which allows mixed use commercial which can consist of: bed and breakfast, hotel, light manufacturing, food processing and more. Operating as a short term rental and generating excellent incom. There are four buildings on property: 1960 SF commercial building, 2- Approx 1900 SF duplexes, and a carport storage area, approx. 575 SF. The street front commercial building at 378 N Market was built in 1950 and was updated in 2025. It is approx 1960 SF with 980 SF/ floor. It is hollow tile and concrete construction. The main floor has approx. 12’ ceilings. There is a commercial roll up door in the front. The building is in a state that it is ready to be built out for use. The duplex at 378 N Market St was originally built in 1945 and updated in 2025. It is approx. 1830 SF with 915 SF/ floor. Each floor offers three bedrooms and one bathroom. The duplex has been fully reframed with everything replaced. The duplex at 372 N Market ST was originally built between 1944-1959 and updated between 2018 and 2023. It is approx.. 1976 SF with 988 SF/ floor. Each floor offers two bedrooms and two bathrooms. This has a fully updated interior and exterior. The duplex is a mix of hollow tile construction and wood framing. The carport/storage area was built in 1944 and updated in 2025. It is approximately 575 SF and has water/drain to building. Power is also possible. This building is a strong candidate for conversion to ADU. The owner is a licensed General Contractor and has performed, or overseen, all work on property. The owner is selling due to relocation out of the state. The property is in some of the best zoning on Maui. The area has been historically undervalued. There are properties in area that are producing significant vacation rental income. The target will be the bargain based tourist. Money can be made, especially when you consider this property doesn’t have any AOAO fees. There is also tremendous opportunity for the right business that needs a storefront and housing, or a storefront and rental income.
Recent Activity
Recent Sales
(Wailuku)
More Details
  • Owner, Tax & Resale History
  • Price / ft²: $759
  • View: Mountain(s)
  • TMK: 2340330480000
  • Courtesy: Pacific Shores Realty / 808-298-7111
  • MLS: 406551
The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on February 08, 2026.Information is deemed reliable but not guaranteed.
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257 Market St
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1395 Hiahia St
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  • Asking Price: $1,500,000
Description
372 N Market St along with MLS 406550 (378 N Market) are both SF. B-2 commercial zoning within Wailuku Redevelopment Area which allows mixed use commercial which can consist of: bed and breakfast, hotel, light manufacturing, food processing and more. Operating as a short term rental and generating excellent incom. There are four buildings on property: 1960 SF commercial building, 2- Approx 1900 SF duplexes, and a carport storage area, approx. 575 SF. The street front commercial building at 378 N Market was built in 1950 and was updated in 2025. It is approx 1960 SF with 980 SF/ floor. It is hollow tile and concrete construction. The main floor has approx. 12’ ceilings. There is a commercial roll up door in the front. The building is in a state that it is ready to be built out for use. The duplex at 378 N Market St was originally built in 1945 and updated in 2025. It is approx. 1830 SF with 915 SF/ floor. Each floor offers three bedrooms and one bathroom. The duplex has been fully reframed with everything replaced. The duplex at 372 N Market ST was originally built between 1944-1959 and updated between 2018 and 2023. It is approx.. 1976 SF with 988 SF/ floor. Each floor offers two bedrooms and two bathrooms. This has a fully updated interior and exterior. The duplex is a mix of hollow tile construction and wood framing. The carport/storage area was built in 1944 and updated in 2025. It is approximately 575 SF and has water/drain to building. Power is also possible. This building is a strong candidate for conversion to ADU. The owner is a licensed General Contractor and has performed, or overseen, all work on property. The owner is selling due to relocation out of the state. The property is in some of the best zoning on Maui. The area has been historically undervalued. There are properties in area that are producing significant vacation rental income. The target will be the bargain based tourist. Money can be made, especially when you consider this property doesn’t have any AOAO fees. There is also tremendous opportunity for the right business that needs a storefront and housing, or a storefront and rental income.
    The MLS properties are based on information from the Multiple Listing Service of REALTORS® Association of Maui. Listings last updated on February 08, 2026.Information is deemed reliable but not guaranteed.
    Other Wailuku Homes
    $1,500,000
    103 Ka Ikena Lp
    4 Bds | 3.5 Ba
    1,907 ft²
    $1,500,000
    549 Honoapiilani Hwy
    2 Bds | 1.5 Ba
    1,487 ft²
    $1,499,000
    257 Market St
    3 Bds | 2 Ba
    1,390 ft²
    $1,495,000
    1395 Hiahia St
    3 Bds | 3 Ba
    2,366 ft²
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
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    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.