74-5626 Alapa St Kailua Kona, HI 96740-3110
This exceptional commercial property in Kailua-Kona's Old Industrial Park offers a rare opportunity. Located at the end of Alapa Street in a metal building, this center provides 5,400 square feet of versatile space, currently featuring 4,200 square feet of vacant area. The property is zoned MG-1A and has a total of three APNs (7-4-10-43). The space is ideal for businesses requiring both office and cold storage facilities. Multiple tenancy is available, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 3,000 square feet. One of the available units boasts oversized walk-in refrigerator and freezer units already installed, representing a significant cost savings for the right tenant. This property is perfect for businesses needing a combination of executive office space and temperature-controlled storage, offering a unique blend of functionality and convenience in a desirable location. The property's location within the established Old Industrial Park provides easy access to key transportation routes and other commercial amenities. This is a prime opportunity to secure a well-appointed and strategically located commercial space in the thriving Kailua-Kona market. Contact us today to schedule a viewing and explore the possibilities.
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RAGS German Auto Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
4A · Kailua Kona, HIKailua Kona. 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.