81-6627 HAWAII BELT RD Unit 3, KEALAKEKUA, HI 96750

$1,000,000
5,280
SqFt
Sold Price
$1,000,000
List Price
$1,100,000
Days on Market
1388
Closing Date
Dec 05, 2022
MLS#
625908
Status
SOLD
Type
Commercial
Building
Selwyn Plaza
Living Area
5,280
Land Tenure
Fee Simple
Neighborhood
Kealakekua Village

Property Description

ACCEPTING BACK UP OFFERS AS OF 9/19/22. REDUCED $175,000 since list date!! Fantastic opportunity to own a Class A commercial building in the heart of Kealakekua near the only Hospital in Kona! * High NET CAP RATE of 7.12% possible at full occupancy. * 2 Units occupied by doctors and lawyers comprising 5,280 leaseable square fee! 1 unit vacant. * Zoining also allows for conversion to part or all residential use! * Quality building with AC units in individual tenant spaces! * Good off street parking! * Attractive Building for great tenant appeal! * Tenants on NNN leases! * Surrounded by banks and other medical facilities!

Additional Information

Solid Waste Disposal Trash
Private Contractor
Roads
County, Paved
Taxes Annual
$11058
View
Ocean Horizon
Appliances
None
Lot Number
3-B-
Zoning
CV-10
Design
Double Wall, Wood Frame
Lot Size
12,233
Lot Description Land
Other (remarks)
Security
None
Water
Municipal
Power
Underground
Window Coverings
None
Frontage
Highway/Freeway
Heating Cooling
Central, Split/Zoned, Individual Cooling
Sewer
Septic
Assessed Value
1033500
Topography
Gentle Slope
Floor Covering
Concrete, Carpet
Unit
3
Washer Dryer
None
District
South Kona
Year Built
1989

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Coast Properties Ltd.. Selling Office: .

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