75-5722 Hanama Pl Kailua Kona, HI 96740

Located in the heart of Kona Village, Kona Center is a 1.47-acre fee simple property with V.-75 resort zoning. The property features an approximately 17,000 square foot concrete and steel frame building. Situated at the intersection of Hanama Place and Kuakini Highway, it is a block from Kailua Pier and Alii Drive, within walking distance of the visitor area on Alii Drive, offices, restaurants, and retail centers in the Kailua-Kona business district. The property has three driveway accesses and 87 parking stalls. It is located across from the Holiday Inn, McDonald’s, and Starbucks, with nearby national chains including Safeway, Walmart, Denny's, Lowe's, Planet Fitness, and Target. The property is located steps from the waterfront, Ali’i Drive, Kona Inn, Kailua Pier, shops, restaurants, Hulihe’e Palace, and Mokuaikaua Church. The property has high-density hotel resort zoning and is in the process of its first STVR unit conversion. Additional features include a new state lease renewal, five new tenant lease extensions, substantial parking income, new paint and landscaping, a new roof, approved permit for new building signage, and remodeled men’s and women’s restrooms. The property offers potential for an 85-room hotel expansion. The property is currently STVR approved.