| MLS: 713835 (Active - For Sale) Asking Price: $850,000 Fee Simple Type: Commercial District: Kau Street: 95-1178 Kaalaiki Rd Neighborhood: Kaalaiki Makai Subdivision Living Area: 5,700 SF Style: Industrial Land Area: 1.3 Acres Days on Market: 51 Year Built: 2018 Zoning: ML-20 Roads: Paved,Graded,County,Private Property Taxes: $6,632,.93 Assessed Value: $619,900 Assessed Ratio: 137.12% Listing Courtesy: COMPASS Terms Acceptable: Cash,1031 Exchange,Conventional |
Rare commercial opportunity! 1.25 ac + huge warehouse behind Punaluu Bakery
Huge investment opportunity!
This 1.29 Acre commercial property is situated just to the rear of Punaluu Bakery in Na`alehu, next to one of the most heavily trafficked tourism locations in Hawaii.
Boasting a warehouse measuring 5,700 square feet and set to benefit from Hawaii County’s upcoming sewer network expansion, this ML-20 zoned parcel is approved for everything from auto-repair and manufacturing uses to bars and restaurants.
With a combination of excellent street frontage and ample land to accommodate a variety of parking needs, this rarely-available property is in a prime location to service both the growing community of Naalehu, and the hundreds of thousands of visitors who frequent it annually.
Naalehu itself is an historic plantation town, well-known for its ideal microclimate with some of the best growing conditions in the state of Hawaii.
Situated about 90 minutes from both Hilo and Kailua-Kona, Naalehu is also 20-30 minutes away from famed Punaluu Beach and the Hawaii Volcanoes National Park, respectively.
*Note: MLS records may reflect warehouse square footage as living area, which is inaccurate.
This information has not been verified by the associate and should be
verified by the buyer. Information is deemed reliable but not guaranteed.
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