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81-6627 HAWAII BELT RD #3 Kealakekua, HI 96750
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Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $189
Subdivision Kealakekua Village
MLS Listing ID 625908
Sold Date 12/05/22
HOA Y/N No
Year Built 1989
Annual Tax Amount $11,058
Tax Year 2018
Property Sub-Type Office
Source Hawaii Information Service
Land Area 12233
Property Description
ACCEPTING BACK UP OFFERS AS OF 9/19/22.
REDUCED $175,000 since list date!!
Fantastic opportunity to own a Class A commercial building in the heart of Kealakekua near the only Hospital in Kona!
* High NET CAP RATE of 7.12% possible at full occupancy.
* 2 Units occupied by doctors and lawyers comprising 5,280 leaseable square fee! 1 unit vacant.
* Zoining also allows for conversion to part or all residential use!
* Quality building with AC units in individual tenant spaces!
* Good off street parking!
* Attractive Building for great tenant appeal!
* Tenants on NNN leases!
* Surrounded by banks and other medical facilities!
Location
State HI
Community Kealakekua Village
Area Hi
Building/Complex Name Selwyn Plaza
Zoning CV-10
Region South Kona
City Region South Kona
Interior
Hot Water Electric
Heating Zoned
Cooling Central Air, HIS Individual Cooling, Zoned
Flooring Carpet, Concrete
Appliance None
Exterior
Utilities Available Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
View Y/N Yes
Water Access Desc Public
View Ocean Horizon
Topography Gentle Slope
Garage No
Private Pool No
Building
Lot Description See Remarks
Sewer Septic Tank
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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Penn Henderson
HAWAII REALTOR® | License ID: RS-83962
HAWAII REALTOR® License ID: RS-83962