Hilo, HI 96720,110 KALAKAUA ST
Hilo, HI 96720,110 KALAKAUA ST
Hilo, HI 96720,110 KALAKAUA ST
25
$120,000
$120,000
Est.Price: ?

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0.42 Acres Lot

110 KALAKAUA ST Hilo, HI 96720

Est. payment /mo
SOLD DATE : 05/05/2021

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Hawaii Development Group

Hawaii Development Group

+1(808) 466-8442

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $120,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Hilo Town

MLS Listing ID 630705

Sold Date 05/05/21

Year Built 1922

Annual Tax Amount $9,252

Lot Size 0.422 Acres

Property Description

This is a leasehold property. This long tenured business is a staple of the downtown Hilo community. Located within the heart of Hilo’s established tourism center, Bears enjoys a robust breakfast and lunch following that consists of about 40% of local business and 60% in tourist business. There has been regular advertising both locally and internationally that will continue to bring business to Bears, long after the new owner has taken over. Over ¼ million in annual sales with lots of room for continued growth and expansion. Options include extending to dinner hours and catering. The current owner is a chef and this is an ideal small business for a chef owner or family owned business.BEARS has UNIQUE, LONG TERM HISTORY OF SUCCESS IN HILO!! BEST BELGIAN WAFFLES ON THE BIG ISLAND! AMAZING MENU...GREAT COFFEE DRINKS ETC...INCLUDES: Furniture, High Traffic, Lease, Inventory, Goodwill, 1 Restroom, Tradename. New flooring installed, fresh paint and deep cleaning just completed.

Location

State HI

Area South Hilo

Zoning CDH

Exterior

Fence None

Pool No

Building

Sewer Sewer-Connected

Water Municipal

Others

Acceptable Financing Cash

Listing Terms Cash

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Hawaii Development Group

Broker | License ID: RB-23349

+1(808) 466-8442

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