1 64-1013 Mamalahoa Hwy 6,200 SF Retail Building Kamuela, HI 96743 $3,999,000 ($645/SF)

This mixed-use property represents a rare commercial investment opportunity along Mamalahoa Highway in Waimea, an area recognized for limited retail supply and strong local demand. Situated on a 0.3-acre parcel, this property spans approximately 5,100 square feet of improvements, with flexibility to accommodate retail storefront operations, office or service-based businesses, and residential components. Its location offers prime highway frontage, ensuring high visibility and convenient ingress and egress for consumers and tenants alike.
Waimea is a dynamic regional center in North Hawai‘i with significant business activity tied to healthcare, education, ranching, and tourism. The property lies near key establishments, including medical facilities and private schools, and benefits from strong connectivity to other Big Island destinations via the Hawai‘i Belt Road. With zoning that supports commercial use and essential neighborhood services, this asset offers potential for repositioning to elevate functionality and income capacity, whether through expanded retail concepts, updated service operations, or enhanced mixed-use configurations.
As Waimea continues to experience population and service demand growth, opportunities to own adaptable commercial property in its core remain limited. This site’s combination of frontage, tenant versatility, and structural configuration delivers inherent long-term value for owner-users or investors.