15-2950 Pahoa Vlg Rd, Pahoa, HI 96778-9739
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
3M · Pahoa, HIPahoa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.