MLS 726197

Mixed-use: Two Warehouse Buildings 
in the Heart of Waimea

64-1015 Mamalahoa Highway, Kamuela, HI 96743

Land 28,426 sq.ft,   Interior 14,935 sq.ft

Zoned Neighborhood Commercial 7.5

Offered for $6,999,000
This fee simple Waimea commercial property offers two fully occupied warehouse buildings with a versatile mix of storage/garage, retail, and residential uses.

Building 1 is a warehouse structure featuring three individual storage/garage bays totaling approximately 5,000 square feet (about 1,666 square feet each), along with three one-bedroom, one-bath residential units totaling roughly 2,500 square feet.

Building 2 includes two large warehouse bays totaling approximately 4,485 square feet, one with a mezzanine currently used as an office. Adjacent to the warehouse is a retail space of 1,450 square feet. Above the retail space, the second floor offers two one-bedroom, one-bath residential units with a laundry room totaling 1,450 square feet.
More Photos and Info
Mixed-use: Warehouse Buildings in the Heart of Waimea
 

Residential Market More Steady Than Condo

 
Below, you can see the North Kona Median Price and Sold Qty changes, month to month, for the last two years. The Red line represents the Median Price, and the Blue line represents the Sold Qty. The ups-and-downs of the Sold Qty indicates the market is sensitive and unstable.

Below data comes from Hawaii Information Service.
 
 
Here is an overview of the June 2026 data and 1st half compared to 2025 June and 1st half. The data indicates a downward trend in both median price and the number of properties sold. Notably, this year, more affordable properties are selling compared to those at higher price points which decrease the median price.

North Kona Median Price Changes over the last 22 years
Please note that for first time in the last 14 years, the median price decreased in 2025 from the previous year.