Pahoa Mixed-Use Commercial
15-2885 PAHOA VILLAGE RD Pahoa, HI 96778
15-2885 PAHOA VILLAGE RD, Pahoa, HI, 96778
$344,000
For Sale
$344,000
Versatile Pahoa property zoned for commercial and residential use.
Property Size792 SF
Price / SF$434.34
Days on Market228
Property Features for 15-2885 PAHOA VILLAGE RD
General Information
- Standard status
- Active
- Size
- 792 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1955
Listing Agency
HOMESMART ISLAND HOMES
(808) 799-8968
Listed by
YUKIE PAKELE · License #RB-23270
Source
Corcoran
Added: Dec 4, 2025 Checked: Jul 20 at 3:51 am
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 HOMESMART ISLAND HOMES
Investment Insights
Based on property information with market context.
This mixed-use property is located on Pahoa Village Road and is zoned Village Commercial, presenting opportunities for rental income or personal use. The property is suitable for residential use, a doctor’s office, a massage school, a retail shop, a home office, or a creative studio. Its central location in Pahoa provides access to shops, restaurants, local eateries, and community amenities. The property has a size of 792 square feet.
Key Highlights
- Prime location on Pahoa Village Road in the heart of Pahoa Town.
- Zoned Village Commercial, offering versatile usage options.
- Suitable for rental income, business investment, or live/work lifestyle.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.1k | $33.00 |
| − Vacancy | −$2.2k | −$2.81 |
| EGI | $23.9k | $30.20 |
| − OpEx | −$9.0k | −$11.32 |
| NOI | $14.9k | $18.87 |
792 SF · lease $33.00/SF/yr · vacancy 8.50% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$213.5K
$186.8K – $249.1K
NOI $14,947 @ 7.0% cap · market cap 4.35%
Second Best
Office B
$161.1K
$140.9K – $187.9K
NOI $11,275 @ 7.0% cap · market cap 3.28%
Theoretical Best
Specialty Retail
$270.3K
$236.5K – $315.4K
NOI $18,921 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Versatile Pahoa property zoned for commercial and residential use.
Where is this mixed-use property located?
The property is located at 15-2885 PAHOA VILLAGE RD Pahoa, HI.
What is the asking price?
The asking price for this property is $344,000.
What are key features of this property?
This property features: Prime location on Pahoa Village Road in the heart of Pahoa Town.; Zoned Village Commercial, offering versatile usage options.; Suitable for rental income, business investment, or live/work lifestyle.
