$1,000,000
$1,100,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
81-6627 HAWAII BELT RD #3 Kealakekua, HI 96750
5,280 SqFt
Key Details
Sold Price $1,000,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $189
Subdivision Kealakekua Village
MLS Listing ID 625908
Sold Date 12/05/22
Year Built 1989
Annual Tax Amount $11,058
Lot Size 0.281 Acres
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!
Location
State HI
Area South Kona
Building/Complex Name Selwyn Plaza
Zoning CV-10
Interior
Heating Central, Split/Zoned, Individual Cooling
Cooling Central, Split/Zoned, Individual Cooling
Flooring Concrete, Carpet
Exterior
Fence Rock/Stone
Pool No
Waterfront N
View Ocean Horizon
Building
Lot Description Other (remarks)
Sewer Septic
Water Municipal
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
