81-6627 HAWAII BELT RD

  • Selwyn Plaza, a Class A commercial building in the heart of Kealakekua, close to the Kona Hospital
  • Selwyn Plaza is comprised of a number of suites, and leased to 3 separate companies.
  • Front entrance on upper floor with bridge from one of 2 handicap stalls, plus other parking.
  • View from entrance from Mamalahoa Hwy.
  • Building extends over drive under passage to rear parking lot.
  • View front entrance to upper level and parking.
  • First suite on upper level (Star Mgt.)...a plastic surgery medical use.
  • View from lower parking with west face of building.
  • one of two handicap parking stalls, with suites straight ahead and upstairs.
  • Stairs leading down to lower level from parking area, and access to suites downstairs.
  • Selwyn Plaza, a Class A commercial building in the heart of Kealakekua, close to the Kona Hospital
  • Selwyn Plaza is comprised of a number of suites, and leased to 3 separate companies.
  • Front entrance on upper floor with bridge from one of 2 handicap stalls, plus other parking.
  • View from entrance from Mamalahoa Hwy.
  • Building extends over drive under passage to rear parking lot.
  • View front entrance to upper level and parking.
  • First suite on upper level (Star Mgt.)...a plastic surgery medical use.
  • View from lower parking with west face of building.
  • one of two handicap parking stalls, with suites straight ahead and upstairs.
  • Stairs leading down to lower level from parking area, and access to suites downstairs.

Property Detail

Type Status Location Sub Location Price $1,100,000.00 Area (m)12233Abbrev Address81-6627 HAWAII BELT RDAppliancesNoneDistressed PropertyStandard SaleExpires2021-04-12FrontageHighway/FreewayLand Area12233Land TenureFee SimpleLatitude19.51579632Lava Zone3Listing Date2019-02-15Listing ID625908Listing Office ID4091Listor NameStathie J PrattasLiving Area5280Longitude-155.92077597Office NameCoast Properties Ltd.On Line DisplaySelwyn Plaza - Class A Commercial Bldg - Kealakekua - Medical/OfficePoolNPowerUndergroundRoadsCounty,PavedSewerSepticSolid Waste DisposalPrivate ContractorStreetHAWAII BELT RDStreet Number81-6627SubdivisionKEALAKEKUA VILLAGETaxes11058.00taxkey9381012055Terms Accept1031 Exchange,Cash,ConventionalTopographyGentle SlopeTV AccessSatellite,CableViewOcean HorizonWaterMunicipalWindow CoverNoneDryer/WasherNoneYear Built Max1989Year Built Min1989Zip Code96750ZoningCV-10

Property Description

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!

Contact Agent

Stathie J Prattas
stathie@coastpropertieshawaii.com
Designated Realtor
8083294000
8088954187
http://www.CoastPropertiesHawaii.com
Stathie J Prattas

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