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Keawe Business Center is back on the market!

By Staff | Jul 4, 2013

Low interest rates combined with attractive pricing make Keawe Business Center an excellent investment for business owners who have been waiting to invest in their future and buy their own fee simple office condominium.

LAHAINA – After a lengthy foreclosure process, Keawe Business Center, LLC has emerged as the new owner of the 13 remaining developer’s units at Keawe Business Center. Keawe Business Center, West Maui’s only Class “A” professional office building, is back on the market!

Brand new, fee simple, professional office spaces are now available for purchase at below replacement cost. Excellent prices coupled with low interest rates yield an estimated net cost of buying of only $.15 per square foot per month over a ten-year period.

This is the only opportunity for buyers to own a condominium office space in West Maui. Building equity and having the tax benefits of owning are now obtainable for those who have typically leased.

Keawe Business Center is ideally located for those businesses serving all of West Maui. It’s located in the new commercial center for West Maui with Lahaina Gateway Shopping Center, Lahaina Cannery Mall, Walgreens, Longs, Safeway, Barnes & Noble, Office Max, Foodland Farms, and the Lahaina Bypass nearby, allowing easy access to your office for all of your customers.

Attractively designed with island-style design, this Class “A” office building features open-air lobbies, Monier tile roof, double-glazed insulated windows (and plenty of them), steel framing, and a full-service passenger elevator. The third floor corner units have large private lanais for those businesses that can take advantage of this amenity. The ocean and Lanai views from the third floor are extraordinary, and even the second floor units have partial ocean views.

Ranging in size from 847 to 1,495 square feet, prices range from $313,000 to $497,000, which represents a dramatic discount from the original prices of $479,000 to $778,000. That’s a reduction of over 35 percent! Low interest rates and 90 percent financing are available to most businesses; 100 percent financing for medical doctors and dentists.

Low interest rates combined with attractive pricing make Keawe Business Center an excellent investment for business owners who have been waiting to invest in their future and buy their own fee simple office condominium. Buyers can take control of their business’s future, and no longer have to deal with landlords, by owning their own office – not to mention more flexibility when they’re ready to sell their business or retire.

Speaking of flexibility, the seller is willing to work with buyers on all of their timing issues, including lease expirations, finding replacement tenants, plan preparation and obtaining a building permit.

Mario Cardone, principal broker of CardOneRealty Corp. and subagent of Peake & Levoy, LLC, is offering private showings for those wishing to secure space in what promises to be West Maui’s best business address. Call Mario at 276-8132 for your Net Cost of Buying cost/benefit analysis or for more information. Information is available at www.mauicommercialproperties.com or e-mail mario@peake-levoy.com.