kaanapali beach resort...the area has a rich history, in addition to being maui’s hottest tourist...
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Honoapiilani Highway
Kekaa Drive
KAANAPALI ROYAL
2550 KEKAA DRIVE
KAANAPALI BEACH RESORT
Development ParcelMaui, Hawaii
2550 Kekaa Drive | Lahaina, Maui, HI
PROPERTY INFORMATIONCommercial property for sale in the heart of the Kaanapali Beach Resort. Kaanapali Commercial Center is a premier development site within a world renowned destination resort. The property is located between Kekaa Drive and Honoapiilani Highway and across from the Fairway Shops and Kaanapali Golf Course.
Kaanapali is a beautiful beachside resort community with spectacular views of the West Maui mountains and beautiful valleys. The area has a rich history, in addition to being Maui’s hottest tourist destination. Kaanapali has a myriad of beachfront luxury resorts, Kaanapali Golf Course and Whaler’s Village, along with some of the best attractions and events on the island serves as the hub of West Maui nightlife.
PROPERTY DETAILSTMK No.: (2) 4-4-008: 020
Zoning: Commercial (BR)
Tenure: Fee Simple
Land Size: 4.12 AC. / 179,467 SF
Building Size: 14,294 SF
Asking Price: $6,000,000
Offers Due: December 19, 2018 Link to Form PSA: http://bit.ly/KBR-PSA
KAANAPALI ROYAL
2550 KEKAA DRIVE
Maui Resort and Spa
Maui Ocean club
MAUI RESORT & SPAKA`ANAPALI
Maui Ka`anapali Villas
KA`ANAPALIOCEAN RESORT VILLAS
Ka`anapali Beach Club
• Located in the heart of the Kaanapali Beach Resort, a master planned resort community fronting a beautiful three mile beach that has been voted one of the best beaches in the world. There are 13 resort properties with over 6,000 lodging units.
• Walking distance from Whaler’s Village, Maui’s premier oceanfront shopping and dining destination.
• West Maui sees more than 2 million visitors per year with an average daily visitor count of more than 25,000.
Honoapiilani Highway
Kekaa Drive
LOCATIONThe Property is located in the heart of the Kaanapali Beach Resort and in the middle of two major development projects – the proposed revitalization of the Kaanapali Golf Courses and Kaanapali 2020.
The Property represents a tremendous development opportunity given the quality of the location, surrounding uses and view planes from the site. The Property is bounded by Hoonoapiilani Highway to the east, the Fairway Shops retail center to the north, Kaanapali Golf course to the west and the Kaanapali Royal condominiums to the south. The site’s elevation provides dramatic views across the golf course to the island of Molokai.
The 305 acre golf course is owned by the State of Hawaii Employees’ Retirement System (ERS) and they are currently in the EIS (Environmental Impact Statement) process in an effort to redevelop portions of their property.
source: www.kaanapalirefresh.com
CONDITIONS OF TRANSFER, PERMITTED USES AND APPROVALSAs required by the Declaration for Kaanapali Beach Resort, the transfer of ownership to the Property will be subject to approval by the Kaanapali Operations Association, Inc. (“KOA”). This approval will be a condition to closing a sale and the buyer will be required to present financial and development plans to KOA to obtain this approval. The Property is zoned BR, Resort Commercial, which allows for retail and office uses in addition to others within the Primary Use category (see Maui County Zoning Ordinance); dwelling units are permitted as an Accessory Use above Primary Uses (ie condominiums over retail/office). Seller’s title contains other use restrictions; however, KOA has indicated that they are open to reviewing a project with uses as permitted under BR zoning, subject to design review as outlined in the Kaanapali Beach Resort Design Guidelines. All property transfers, project design and proposed uses are subject to KOA review and approval as outlined in the Declaration and Guidelines.
For more information, please contact:
Colliers International | Hawaii220 S. King Street, Suite 1800Honolulu, Hawaii 96813(808) 524-2666www.colliers.com/hawaii
*Greene Property Group, LLC. Exclusively contracted to Colliers International HI, LLC Copyright © 2018 Colliers International. This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). All rights reserved.
JON-ERIC GREENE (B)*Retail Services Division808 330 [email protected]
ALIKA COSNER (S)Industrial/Investment Division(808) 523 [email protected]
KAANAPALI 2020The other major project in the area is Kaanapali 2020. This is a project by Kaanapali Land Management Corp. and includes 913 acres mauka (towards the mountains to the east) of the Property.
Click on the link below to view the full size map. http://bit.ly/KBR-2020MAP
ADDITIONAL RESOURCES
2550 KEKAA DRIVE
ERS KAANAPALI PLANNING AREA
ALTA Survey & Report http://bit.ly/KBR-ALTA
Phase I Environmental Report http://bit.ly/KBR-ENV
EIS for ERS Redevelopment Application http://bit.ly/KBR-ERS
Maui Land Use/Zoning Code http://bit.ly/KBR-ZONING
Preliminary Title Report http://bit.ly/KBR-PTR
Design Standards and Restrictions http://bit.ly/KBR-DESIGN
Warranty Deed http://bit.ly/KBR-DEED
2019 Operating Budget http://bit.ly/KBR-BUDGET