$3,450,000

372 N Market St Wailuku, HI 96793

Estimated payment $18,696/month

Total Views 5,782
4 Beds
4 Baths
1,976 Sq Ft
$1,746 Price per Sq Ft

Highlights

  • Mountain View
  • 4 Car Garage
  • No Heating

About This Home

This listing features two lots: 372 N Market St and 378 N Market St. Both lots are approx.. 5000 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. 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.

Listing Agent

Keith Zielinski

Pacific Shores Realty License #RB-19421 Listed on: 07/16/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $510

Year Built

  • Built in 1949

Parking

  • 4 Car Garage

Interior Spaces

  • 1,976 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 5,009 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 2340330480000

Home Details

Home Type

Single Family

Est. Annual Taxes

$510

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • View: Mountain(s)
  • Year Built: 1949
  • Property Sub Type: SF w/Det Ohana or Cottage
  • Prop. Type: Residential
  • Carport Y N: No
  • Garage Yn: Yes
  • LivingArea: 1976
  • Special Features: None

Interior Features

  • Total Bedrooms: 4

Exterior Features

  • Acres: 0.115
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 4

Utilities

  • HeatingYN: No

Lot Info

  • Lot Size Sq Ft: 5009
  • ResoLotSizeUnits: Acres
  • Parcel #: 2340330480000

Green Features

Multi Family

  • Building Area Units: Square Feet

Tax Info

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $510 $677,000 $421,700 $255,300
2024 $510 $583,400 $340,000 $243,400
2023 $678 $576,200 $333,200 $243,000
2022 $678 $538,900 $319,600 $219,300
2021 $729 $502,500 $306,000 $196,500
2020 $729 $490,300 $292,400 $197,900
2019 $751 $458,900 $265,200 $193,700
2018 $474 $366,300 $224,400 $141,900
2017 $400 $0 $0 $0
2016 $3 $307,700 $176,800 $130,900
2015 -- $273,300 $156,400 $116,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $3,450,000 +626.3% $1,746 / Sq Ft
09/20/2017 09/20/17 Sold $475,000 -17.4% $481 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
02/16/2017 02/16/17 For Sale $575,000 -- $582 / Sq Ft
Source: Maui MLS (REALTORS® Association of Maui)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Tg
Interfamily Deed Transfer -- Tg
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,200 Credit Line Revolving
Open $466,396 FHA
Source: Public Records

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Source: Maui MLS (REALTORS® Association of Maui)

MLS Number: 406551

Maui MLS (REALTORS® Association of Maui)

APN: 2-3-4-033-048-0000