75-5759 Kuakini Hwy

    Kailua-Kona, HI 96740
    • $2,600,000
    • STATUS: Active
    • ON SITE: 352 days
    • MLS #: 620792
    UPDATED: 66 min ago
    $2,600,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 1
      BATHS
    • 5
      1/2 BATHS
    Type:
    Commercial
    Built:
    1968
    Area:

    School Ratings & Info

    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. CAPrate YE 2019 -6.9, 2020 -7.2 and 2021 - 7.5. 5 tenants have already renewed for between 2 and 5 year terms. 2 major tenant to renew are expected to renew by years end or 1st quarter 2020.

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    © 2019 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2019-08-23T03:34:18.767.
    www.alohakonarealty.com/homes/87172614

    75-5759 Kuakini Hwy Kailua-Kona, HI 96740

    • Price: $2,600,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 620792
    0
    Beds
    1
    Baths
    5
    ½ Baths
    0.5
    Acres
    1968
    Built
    Neighborhood:
    Hienaloli 1st - Hienaloli 6th
    Area:
    North Kona
    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. CAPrate YE 2019 -6.9, 2020 -7.2 and 2021 - 7.5. 5 tenants have already renewed for between 2 and 5 year terms. 2 major tenant to renew are expected to renew by years end or 1st quarter 2020.
    Exterior Features

    Design BrickDouble WallStoneWood Frame Fence None Land Tenure Fee Simple Lot Description Corner Ocean Front N Pool N Roads CountyMajor ThoroughfareStreet Lights

    Interior Features

    Appliances None

    Property Features

    Assessed Value 1603700 Assessment Year 2018 Distressed Standard Sale Lava Zone 4 Lot Number 1 Oceanfront Unit N Power Overhead Property Type Commercial Sewer Sewer-Connected Solid Waste Disposal Included With Maintenance Fees Tax Key 375008015 Taxes 18089.00 Terms 1031 ExchangeCashConventional Vehicle Parking Unassigned Water Meter Installed Zoning Cv-7.5

    Listing information © 2019 MLS Hawaii, Inc. All rights reserved.
    Listing courtesy of Ecb Realty.


    © 2019 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aloha Kona Realty, Inc.. Data last updated: 2019-08-23T03:34:18.767.
     
    Aloha Kona Realty, Inc.
    75-5852 Alii Dr. V-14
    Kailua Kona HI, 96740