Hilo, HI 96720,605 KALANIKOA ST
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Hilo, HI 96720,605 KALANIKOA ST
Hilo, HI 96720,605 KALANIKOA ST
Hilo, HI 96720,605 KALANIKOA ST
Hilo, HI 96720,605 KALANIKOA ST

$900,000

Est. payment /mo

$950,000

5.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

605 KALANIKOA ST Hilo, HI 96720

3 Beds

1 Bath

1,456 SqFt

SOLD DATE : 06/26/2024

Key Details

Sold Price $900,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,456 sqft

Price per Sqft $618

Subdivision Waiakea House Lots 1St Series

MLS Listing ID 708429

Sold Date 06/26/24

Bedrooms 3

Full Baths 1

Year Built 1953

Annual Tax Amount $4,875

Lot Size 0.512 Acres

Property Description

Located on a bustling street corner just a few hundred feet from the entrance to Hilo International Airport, this expansive property benefits from high visibility, significant traffic flow, and an extensive list of potential uses.

Property Highlights:

• Prime Location: A stellar corner plot with broad frontage along Kekuanoa Street, which offers direct access to Hilo International Airport. This bustling roadway also serves as the main connection route between the airport and large swaths of Hilo's university, government, and residential districts. Nearby Highway 11 is one of the island's most heavily trafficked roadways, connecting directly to Hawaii Volcanoes National Park.

• MCX-20 zoning opportunity: this category allows for dozens of potential uses including retail, food service, office, medical, and industrial uses.

• Large lot size: with over half an acre of land, the property provides ample parking for a variety of development opportunities.

• Multiple existing buildings: recently repainted, the existing structures on the property provide opportunities for future use.

• Established Area: Located amidst high-traffic commercial businesses, including a neighboring gas station.

• Superior Infrastructure: Critical utilities are available here including electricity, water, and sewer connectivity.

*Property is conditionally approved for MCX-20 zoning - please see attached land use summary and disclosure documentation in MLS (also available by request). An independent appraisal report is also available for qualified buyers, after receipt of a singed non-disclosure agreement. Buyers and their agents to perform their own due diligence.

Showings are by appointment only.

Location

State HI

Area South Hilo

Zoning RS-10

Exterior

Fence Chain Link

Pool No

Waterfront N

Building

Lot Description Clear, Corner

Sewer Sewer-Connected

Water County

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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Hawaii Information Service(HIS)
Listed by COMPASS

Amber Haley

Realtor Salesperson | License ID: RS-81463

+1(808) 707-8917

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