Kaloko Business Center V #6

Property Detail

Type Status Location Sub Location Price $450,000.00 Area (m)46174Bathrooms1Abbrev AddressKaloko Business Center V #6AppliancesNoneBaths Full1Distressed PropertyStandard SaleExpires2021-08-15FeaturesCeilings-9'+,Exterior Lighting,High Traffic,Landscaped,Sprinkler System-Lawn,Overhead Door,Office,Restroom-Private,Storage Area,Skylight,Other (remarks)FrontageRoad/StreetLand Area46174Land TenureFee SimpleLatitude19.68798859Lava Zone4Listing Date2021-03-04Listing ID647632Listing Office ID4334Listor NameBob MyersLiving Area1722Longitude-156.01579901Monthly Fees450Office NameKona Resort PropertiesOn Line DisplayCOMMERCIAL CONDO, PRIME LOCATION, STREET FRONT BETWEEN HOME DEPOT & COSTCOPoolNPowerOverheadRoadsCounty,Major Thoroughfare,Paved,Street LightsSewerSepticSolid Waste DisposalIncluded with Maintenance FeesStreetMAIAU STStreet Number73-5617SubdivisionKALOKO BUSINESS PARKTaxes3180.04taxkey9373051095Terms AcceptCash,ConventionalTopographyLevelTV AccessCableUnit DescriptionInside UnitViewOceanWaterCountyYear Built Max2004Year Built Min2004Zip Code96740ZoningML-1A

Property Description

PREMIER LOCATION!!! Fee Simple, Commercial Condo with Direct Street Frontage. Located on the Busy Commercial Corridor between Home Depot and Costco. Talk about High-visibility! Imagine thousands of cars driving by your business and viewing your storefront daily! Your sign is your billboard! Imagine owning your own location and never paying rent again! Imagine leasing-out the front and having your business in the back- so many possibilities! Or how about just a good commercial investment in a PRIME LOCATION with low CAM fess of only $450.22 a month!

Approximately 1,722 sq.ft. of floor space. Upfront at the street-front entry is a reception desk, a showroom, and two small offices- all with zone A/C. In back is the rear bay with roll-top door, separate entry door, bathroom with tub/shower combination, and a mezzanine above. The mezzanine is currently used for storage but could have formal stairs added and be built-out for additional work/office area. There is street parking in front on “Costco Road” and 4 assigned parking places directly behind the unit. Quality businesses located in the 12-unit complex include a rug dealer, designer, jeweler, dog groomer, performance car shop, an eatery, and a well-known Hawaiian luau entertainment company. Zoned ML-1a.

Although Seller prefers a cash offer, fixed-rate financing is available through local lenders at competitive rates with 25% down. Why rent when you can own? Incredible drive-by traffic volume in the circulation pattern for not only Costco and Home Depot, but also dozens of other popular local businesses. This type of synergy is difficult to match. Plus, the complex is Centrally Located approximately 5-miles to Kona International Airport, 3-miles to Honokohau Harbor, and 5-miles to Kailua-Kona town.

Take Queen K Hwy 19 to Hina-Lani. Turn east at the stoplight. Take second right on Kamanu. Kaloko Business Center V will be on your left, past Home Depot, just before Costco.

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