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MLS #635242 - Commercial Opportunity in Kealakekua Village
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MLS #635242 (TMK 3810030690000)
Type: Not specified
Address:81-6678 MAMAO ST
KEALAKEKUA, HI 96750
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Price:$ 1,500,000
Status: Active
Living Area:
Bedrooms:8   Bathrooms: 5.01
District:South Kona (Kealakekua Village)
Land Area:0.35 Acres (15,079 sq ft)
Tenure: Fee Simple
Zoning:CV-7.5   Lava Zone: 3
Terms: 1031 Exchange , Cash , Conventional
    
Remarks:

Quality constructed two story commercial building conveniently located at the northern end of Mamao Street in Kealakekua township. Situated at a cool and comfortable elevation of approximately 1,400', this prime location is easily accessible from either the Mamalahoa Hwy., or the Bypass Road.
The notable features of this income producing property include:-
Upper Level:-
* 4 apartments each having 2 bedroom and 1 bath, all of which are occupied by long term renters.
* Three of the apartments have covered lanai.
* 12 parking stalls with each unit being assigned 2 stalls.
* Magnificent ocean and coastline views.
* EPA compliant septic system.
* A separate coin operated laundromat.
Lower Level:-
* A studio apartment with a long term renter.
* A large office with a bathroom.
* Ramp access for wheel chairs.
* In excess of 2,250 sq ft of high ceiling storage with pallet racking.
* A loading and container dock with roll-up door.
* A covered and secure lean to storage area.
* A separate EPA compliant septic system.
This one of a kind property generates an impressive rental income stream which could be further bolstered by the rental of the office and storage space.

     Specifics...

Year Built:1992
Taxes:$5,950.0
Features:
  • Ceilings-9'+
  • Exterior Lighting
  • Smoke/Heat Detector
  • Appliances:
  • Range Hood
  • Refrigerator
  • Car Storage:
  • Assigned
  • Detached
  • Other (remarks)
  • Design:
  • Steel Frame
  • Fencing:
  • Rock/Stone
  • Frontage:
  • Road/Street
  • Heat/Cool:
  • None
  • Lot Type:
  • Corner
  • Phone:
  • Cell
  • Cable
  • Land Line
  • Pool:
  • No
  • Power:
  • Overhead
  • Roads:
  • County
  • Curbs/Gutters
  • Paved
  • Security:
  • Key
  • Sewer:
  • Septic
  • Waste:
  • County-No Charge
  • Topography:
  • Terraced
  • Television:
  • Cable
  • View:
  • Coastline
  • Ocean
  • Ocean Horizon
  • Sunset
  • Water:
  • Municipal
  • Windows:
  • None
  • Washer/Dryer:
  • Coin
  • Tools...

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