15-2931 Pahoa Village Rd Pahoa, HI 96778
- Commercial real estate
- 2,000 SF
- 0.13 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 15-2931 Pahoa Village Rd
- Year built
- 1955
- Construction
- WOOD
- Lot size
- 0.13 lot acres
- Property size
- 2,000 SF
- Zone code
- 3M
- Property type
- Commercial real estate
- APN
- 3-1-5-012-042
- APU
- 315012042
Description
This exceptional commercial building, located at 15-2931 Pahoa Village Road in the heart of Pahoa town, presents a unique investment opportunity. The cinder block construction offers a solid foundation, with the potential for a second-story addition to significantly expand the existing footprint. Currently configured as a coffee bar and retail store, the property includes a fully functional commercial kitchen, making it ideally suited for a variety of food and beverage businesses, including restaurants, bars, or coffee houses. The building's prime location ensures high visibility and accessibility, attracting significant foot traffic. Ample parking is available in the rear of the building, providing convenient access for customers and employees. The current tenant is on a month-to-month lease, offering flexibility for the new owner to implement their vision for the space. This is arguably the best commercial building currently available in Pahoa town, presenting a rare chance to acquire a versatile and well-situated property with substantial upside potential. The possibilities are numerous, making this an exceptional opportunity for an astute investor seeking a strong foothold in the thriving Pahoa market. The property is offered at $549,000. The lot size is zero acres.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $180,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $150,000
- 6.5%
- $155,000
- 7%
- $140,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $170,000
- Geo Method
- $160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $150,000
- Retail
- $145,000
- Mixed-Use
- $155,000
- Hospitality
- $155,000
- Educational
- $130,000
- Residential Income
- $150,000
- Energy
- $130,000
- Income-Based Land
- $135,000
- Food Service
- $150,000
Location Insight
- Map
- Local Demand
- City
- Pahoa
- County
- Hawaii
- State
- Hawaii
- Longitude
- -154.946
- Latitude
- 19.4942
- CBSA code
- 25900
- CBSA name
- HILO, HI MICROPOLITAN STATISTICAL AREA