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Property profile & analytics
FOR SALE
Commercial real estate

15-2874 Pahoa Village Rd Pahoa, HI 96778

3,315 SF 0.3 ac lot Built 1962
Entity Owned 21-yr Hold Free & Clear
Property ID
US24-0269960
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving multi-tenant retail complex ideally situated in the heart of historic Pahoa Village, Hawaii. Boasting a prime location next to the popular Black Rock Cafe, this high-traffic property enjoys significant visibility and foot traffic. The complex encompasses a total leasable area of 4,832 square feet under roof and currently houses seven diverse businesses: a coffee shop, Vietnamese restaurant, Hawaiian ice cream shop, a Kalo Bowls establishment, a smoke and vape shop, a counseling center, and a storage unit. Current lease terms vary, ranging from one to three years, providing a stable income stream for the new owner. The property is being sold "As-Is," reflecting its current operational state. Detailed financial information regarding the current income and expenses is available upon request with a written offer. This presents a rare chance to acquire a well-established, income-producing property in a vibrant and growing community. The property's central location and diverse tenant mix make it an attractive investment for those seeking a stable and potentially appreciating asset in the desirable Pahoa market. Serious inquiries are encouraged to explore this unique opportunity further.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1962
Construction WOOD
Total area 3,315 SF
Lot 0.3 ac (13,285 SF)
Zoning code 3M
APN 3-1-5-013-037
UPID US24-0269960
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$511k
Blend (final) Blend
$510k
Owner & transaction history
Hans Cluster 1 LLC · 21 yrs held
Hans Cluster 1 LLC
since 2004
1 recorded transaction
2004
$670,000
Zoning & alternative use
3M · Pahoa, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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