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MLS: 708977 (Active - For Sale)
 
Asking Price: $1,800,000 Fee Simple
Type: Commercial
District: Puna
Street: 15-2969 Pahoa Village Rd
Neighborhood: Pahoa
Baths: 4
Living Area: 3,810 SF
Style: Food Service
Land Area: 18,458 SF
Days on Market: 248
Year Built: 1937
Zoning: CV-10
Roads: County
Property Taxes: $9,068,.25
Assessed Value: $847,500
Assessed Ratio: 212.39%
Listing Courtesy: Team Hawaii Realty
Terms Acceptable: 1031 Exchange,Cash,Conventional,USDA-Rural Dev
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Kaleo's Bar & Grill/17 years/Award Winning Business/Pahoa Landmark

First time on the market.....Kaleo's Bar & Grill celebrates 17 years in historic Pahoa Town! Winner of Honolulu's Magazine's Hale Aina Best Restaurant Award for Big Island!

THE go to restaurant to experience Hawaiian Hospitality with genuine Aloha spirit! It is one of the favorite places on the Eastside to savor local cuisine & experience Hawaiian music while you dine.

This is a rare opportunity to own a piece of history and to operate a famous restaurant that offers island cuisine in Hawaii!! The dining area has beautiful Hawaiana decor with a designated spot for live music!

It couldn't get any easier than this....Buy this established, well known restaurant in Hawaii and run it with its current popular menu or make it your own cuisine.

The restaurant building is on one TMK 3-1-5-12-16, which includes the buildings, business, all of the equipment & part of the parking lot. The second TMK 3-1-5-12-18 is the larger parking lot & TMK 3-1-5-12-19 is auxilliary building (aka currently Lava Museum). Sale includes ALL 3 TMK's sold together, which equals approx. .71 ac combine.

Much sought after parking lot that every business wants, but few have! A parking lot attendant is utilized on the busiest evenings - the parking lot is that BIG!

The auxiliary building has many uses! It is licensed as an additional private dining area, or could be used as a gift shop, bookstore, etc. Currently, it is known as the Lava Zone Museum.

*All information is deemed to be accurate & reliable, however all interested parties, agents & buyers are cautioned to perform their own due diligence regarding all matters pertaining to TMK's 3-1-5-12-16, 3-1-5-12-18 & 3-1-5-12-19. The square footage to be verified independently by an appraiser or other qualified professional.


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2 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
10934203/06/200211/24/2004$375,000$375,000
17431203/09/200609/29/2006$800,000$775,000

 
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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