Former Bank Building with
81-6644 Mamalahoa Hwy Kealakekua, HI 96750
81-6644 Mamalahoa Hwy, Kealakekua, HI, 96750
$850,000
For Sale
$850,000
Vacant former American Savings Bank building with upgraded septic system and lots of paved parking.
Property Size1,968 SF
Price / SF$431.91
Days on Market319
Property Features for 81-6644 Mamalahoa Hwy
General Information
- Standard status
- Active
- Size
- 1,968 SF
Listing agency
Kona Coast Realty Corporation
(808) 960-6969
Listed by
Susan S. Aronson
(808) 960-6969
Source
Exprealty
Added: Sep 8, 2025 Updated: Jul 22 at 9:09PM Checked: Jul 22 at 9:09PM
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 Kona Coast Realty Corporation
Investment Insights
Based on property information with market context.
This vacant former American Savings Bank building offers flexibility for a variety of business uses. The property includes an upgraded septic system and lots of paved parking to support on-site operations.
The building is located at 81-6644 Mamalahoa Hwy in Kealakekua, HI and is presented for sale. With on-site parking and updated septic infrastructure, the space may be appropriate for buyers seeking an adaptable commercial facility.
For showings and to review potential use cases, contact the listing broker from the call list.
The building is located at 81-6644 Mamalahoa Hwy in Kealakekua, HI and is presented for sale. With on-site parking and updated septic infrastructure, the space may be appropriate for buyers seeking an adaptable commercial facility.
For showings and to review potential use cases, contact the listing broker from the call list.
Key Highlights
- Vacant former American Savings Bank building in Kealakekua
- Upgraded septic system
- Lots of paved parking
Local Financial Insights For Specialty Retail
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 | $66.1k | $33.60 |
| − Vacancy | −$3.4k | −$1.75 |
| EGI | $62.7k | $31.85 |
| − OpEx | −$15.7k | −$7.96 |
| NOI | $47.0k | $23.89 |
1,968 SF · lease $33.60/SF/yr · vacancy 5.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$671.6K
$587.7K – $783.6K
NOI $47,015 @ 7.0% cap · market cap 5.53%
Second Best
Retail
$607.2K
$531.3K – $708.4K
NOI $42,506 @ 7.0% cap · market cap 5.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Vacant former American Savings Bank building with upgraded septic system and lots of paved parking.
Where is this bank located?
The property is located at 81-6644 Mamalahoa Hwy Kealakekua, HI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Vacant former American Savings Bank building in Kealakekua; Upgraded septic system; Lots of paved parking
