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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: 48
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
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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.


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1 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
29310002/16/201608/23/2016$195,000$160,000

 
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Copyright: 2014 by Hawaii Information Systems.
 
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use and may not be used for any purpose other than to identify prospective
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