$1,700,000
$1,800,000
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79-7511 HAWAII BELT RD Kealakekua, HI 96750
4 Beds
3.5 Baths
4,384 SqFt
Key Details
Sold Price $1,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 4,384 sqft
Price per Sqft $387
Subdivision Honuaino 4Th - Kanaueue 1St & 2Nd
MLS Listing ID 702962
Sold Date 04/04/24
Bedrooms 4
Full Baths 2
Half Baths 3
Year Built 2002
Annual Tax Amount $9,493
Lot Size 0.344 Acres
Property Description
NOW Accepting Backup offers!
Rarely available, free-standing Commercial building in beautiful Kealakekua. CN zoning allows for a myriad of legal uses for this property. Keei Cafe encompasses the majority of the 4,384 sqft where they pride themselves on farm-to-table local cuisine and have earned hundreds of 5-star reviews online. The dining portion of the restaurant features an open-concept design with a designated spot for nightly live music and a large meeting room, commonly booked for business meetings. Keei Cafe has built a solid reputation for sunset dining and sensational local food. On the top floor, there is a studio apartment with a nice ocean view and lanai, approximately 400 sqft. The lower level features an approximate 500 sqft Salon and an approximate 550 sqft 3 bedroom, 1 bath apartment. All tenants are on a month-to-month lease except the salon. There are 3 electrical meters and a 500-gallon propane tank. The building is on septic with a large grease trap. Plenty of parking surrounds the building and the fronting of Hawaii Belt Road is a major artery for daily north & south traffic.
Restaurant and real estate are being sold together.
See the attached permitted use table.
Kealakekua is only a 15-minute drive south of Kona and enjoys cooler temperatures at 1,500-foot elevation
Location
State HI
Area North Kona
Zoning CN-10
Interior
Heating Split/Zoned
Cooling Split/Zoned
Exterior
Pool No
Waterfront N
View Coastline, Forest, Garden, Mountain, Ocean Horizon, Ocean, Sunset
Building
Lot Description Clear
Sewer Septic
Water County
Others
Acceptable Financing 1031 Exchange, ARM, Cash, Conventional, Other (remarks), Agreement of Sale, PMM
Listing Terms 1031 Exchange, ARM, Cash, Conventional, Other (remarks), Agreement of Sale, PMM
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