$2,450,000
$2,600,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
75-5759 KUAKINI HWY Kailua-Kona, HI 96740
3.5 Baths
0.5 Acres Lot
Key Details
Sold Price $2,450,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Hienaloli 1St - Hienaloli 6Th
MLS Listing ID 648883
Sold Date 03/31/21
Full Baths 1
Half Baths 5
Year Built 1968
Annual Tax Amount $18,089
Lot Size 0.500 Acres
Property Description
A 2 story Retail/Office Building which is currently at 91% occupied. Well maintained property with excellent tenant base. A Prime Central location in the Heart of Kailua Town. CAP rate 6+. 5 tenants have already renewed for between 2 and 5 year terms. Major tenant in 3,753 SF leaving end of July. Now OPPORTUNITY for OWNER/USER to Purchase this Building. The Building is well maintained, well managed, NO deferred maintenance, above average Tenancy, competitive rates and CAM. This is a well positioned asset/building.
Location
State HI
Area North Kona
Zoning CV-7.5
Exterior
Garage Unassigned
Fence None
Pool No
Waterfront N
Building
Lot Description Corner
Sewer Sewer-Connected
Water Meter Installed
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Penn Henderson
HAWAII REALTOR® | License ID: RS-83962
HAWAII REALTOR® License ID: RS-83962