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Property profile & analytics
OFF-MARKET
Commercial real estate

15-2950 Pahoa Vlg Rd Pahoa, HI 96778-9739

1,700 SF 0.03 ac lot Built 1996
Individually Owned 8-yr Hold Free & Clear
Property ID
US24-0240049
Property summary
AI-generated overview

Invest in this well-maintained commercial building situated in the heart of Pahoa Village, Hawaii. This property features two fully self-contained units. The ground floor currently houses a non-alcoholic kava bar with a spacious lanai and bathroom, operating under a lease expiring April 1, 2023. The bar boasts vibrant murals and artwork, reflecting its long-standing presence in the community. The upper floor comprises a newly remodeled residential apartment, complete with a kitchen, bathroom, and lanai. Modern updates include bamboo flooring in the main living area, slate flooring in the bathroom and lanai, and a new kitchen equipped with poured concrete countertops and stainless steel appliances (stove, dishwasher, refrigerator). Both floors offer lanais, and a rear stairwell connects the levels. A small backyard garden features lilliquoi and avocado plants. Enjoy distant views of Mauna Kea and Mauna Loa volcanoes from the rear lanai and rooftop. The building's location in the historic Pahoa town center offers proximity to several highly-rated restaurants (Thai, seafood, and Italian cuisine) and a soon-to-open kombucha brewery. While the downtown area is bustling, noise levels are minimal after 9 pm. This sale includes the building and land only

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1996
Construction WOOD
Total area 1,700 SF
Lot 0.03 ac (1,515 SF)
Zoning code 3M
APN 3-1-5-012-067
UPID US24-0240049
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
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Frederick M R Smith JR. · 8 yrs held
Frederick M R Smith JR.
since 2018
5 recorded transactions
2018
$280,000
2006
$350,000
2004
$190,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
3M · Pahoa, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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