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73-5617 MAIAU ST #6 Kailua-Kona, HI 96740
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Key Details
Sold Price $450,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,722 sqft
Price per Sqft $261
Subdivision Kaloko Business Park
MLS Listing ID 647632
Sold Date 07/21/21
Full Baths 1
Year Built 2004
Annual Tax Amount $3,180
Lot Size 1.060 Acres
Property Description
PREMIER LOCATION!!! Fee Simple, Commercial Condo with Direct Street Frontage. Located on the Busy Commercial Corridor between Home Depot and Costco. Talk about High-visibility! Imagine thousands of cars driving by your business and viewing your storefront daily! Your sign is your billboard! Imagine owning your own location and never paying rent again! Imagine leasing-out the front and having your business in the back- so many possibilities! Or how about just a good commercial investment in a PRIME LOCATION with low CAM fess of only $450.22 a month!
Approximately 1,722 sq.ft. of floor space. Upfront at the street-front entry is a reception desk, a showroom, and two small offices- all with zone A/C. In back is the rear bay with roll-top door, separate entry door, bathroom with tub/shower combination, and a mezzanine above. The mezzanine is currently used for storage but could have formal stairs added and be built-out for additional work/office area. There is street parking in front on “Costco Road” and 4 assigned parking places directly behind the unit. Quality businesses located in the 12-unit complex include a rug dealer, designer, jeweler, dog groomer, performance car shop, an eatery, and a well-known Hawaiian luau entertainment company. Zoned ML-1a.
Although Seller prefers a cash offer, fixed-rate financing is available through local lenders at competitive rates with 25% down. Why rent when you can own? Incredible drive-by traffic volume in the circulation pattern for not only Costco and Home Depot, but also dozens of other popular local businesses. This type of synergy is difficult to match. Plus, the complex is Centrally Located approximately 5-miles to Kona International Airport, 3-miles to Honokohau Harbor, and 5-miles to Kailua-Kona town.
Take Queen K Hwy 19 to Hina-Lani. Turn east at the stoplight. Take second right on Kamanu. Kaloko Business Center V will be on your left, past Home Depot, just before Costco.
Location
State HI
Area North Kona
Building/Complex Name Kaloko Business Center V
Zoning ML-1A
Interior
Heating Air Conditioning, Split/Zoned
Cooling Air Conditioning, Split/Zoned
Flooring Concrete, Carpet
Exterior
Garage Assigned
Fence Rock/Stone
Pool No
View Ocean
Building
Sewer Septic
Water County
Others
Monthly Total Fees $450
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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