LAHAINA - As reported last time, two more units are set to close. This owner-user is a dentist and will join Keawe Business Center's top quality mix of businesses, including a credit union, financial services company, physical therapist, insurance agency, architect, admin offices for TS Restaurants, real estate brokerage, transportation company and a private office user.
In a manner of speaking, there is only one unit at Keawe Business Center remaining that will meet what you are looking for.
One ground floor unit remains. Suite 101 is a corner unit with 1,331 rentable square feet of space and is priced at only $488,000 (compared with the original price of $716,000).
When these last units are gone at Keawe Business Center, so goes this opportunity.
One corner unit remains. Suite 101 also fits this bill and is the only large unit remaining with windows on three sides.
One third floor unit (with a great ocean and Lanai view) remains. Unit 302 is priced at $372,000 for 949 rentable square feet of space (compared with the original price of$572,000).
One of the smallest, least expensive units remains. Suite 203 is the lowest priced unit at only $327,000 for 858 rentable square feet of space (compared with the original price of $479,000).
These prices are only possible as these offices were bought from the bank out of foreclosure. Replacement cost is at least 20 percent higher. When these last units are gone, so goes this opportunity.
Ask for a free Keawe Business Center Net Cost of Buying cost/benefit analysis and you will see:
Your interest expense is far less than rent. With historically low interest rates, your interest expense is far less than rent - even with 90 percent financing.
In other words, you only need 10 percent down payment.
Tax savings from depreciation is yours, and not your landlord's.
You don't pay GET on your mortgage payment - like you do on rent.
You no longer have relentless future rent increases.
You (and not your landlord) will accumulate significant equity through your mortgage payments.
Future appreciation is yours.
Join the great business neighbors at Keawe Business Center. Call Mario Cardone, principal broker of CardOneRealty Corp. and subagent of Peake & Levoy LLC, for a private showing. 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.