75-5722 HANAMA PL Kailua Kona, HI 96740
Unique property with significant income and development potential.
Type:Commercial
Property size:
17,000 SFLot size:
1.45 Acres- Added:
- Aug 20, 2024
- Days on Market:
- 609
- Last Refresh:
- Apr 5 at 8:17 pm
Property Features for 75-5722 HANAMA PL
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Lot size
- 1.45 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1978
Listing agent DARRYL K FUJIMOTO
Listing office GO COMMERCIAL, LLC (808) 329-6446
Listing date Aug 20, 2024
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of GO COMMERCIAL, LLC
Overview
Kona Village Resort Zoned Property
Kona Center is a unique property situated in Kona Village, featuring approximately 1.45 acres of fee simple land zoned V.-75 resort. The property includes an approximately 17,000 square foot concrete and steel frame building. The property has potential for significant income upside with investment. Located in the highest density resort zoning, the property offers unique money-making opportunities to maximize profits. One option to potentially double the current income is STVR conversions on some or all of the units. More aggressive options requiring larger capital investments could include maximizing the build out potential of up to an 85-room hotel or smaller boutique hotel, according to the current highest density resort zoning. Kona Center could be a great long-term hold for institutional investors due to her large upside potential. The property is open to selling in leasehold for a period of 20 years. The owner has an active real estate license in the State of Hawaii.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Herbivores
Restaurant
Science Lab Hawaii ...
Gym & Fitness Center
Hawaii Department of Human ...
Social Service Agency
Black Lava Vape ...
(Bike/Boat/Book/etc) Store
1st To Work In Child ...
Social Service Agency
Map
- City
- Kailua Kona
- County
- Hawaii
- State
- Hawaii
- Longitude
- -155.993
- Latitude
- 19.6398
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - Unique property with significant income and development potential.
Where is this hotel located?
The property is located at 75-5722 HANAMA PL Kailua Kona, HI.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Prime location in the heart of Kona Village.; Approximately 1.45 acres of fee simple, V.-75 resort zoned land.; Existing 17,000 sq ft concrete and steel frame building.
