75-5722 Hanama Pl, North Kona

$11,000,000

  • MLS® #: 713454
  • 75-5722 Hanama Pl
  • North Kona, Hawaii 96740

75-5722 Hanama Pl, North Kona

$11,000,000

  • MLS® #: 713454
  • 75-5722 Hanama Pl
  • North Kona, Hawaii 96740
0 Beds
0 Baths
17,000 Sqft
1.45 Acres
0 Garages
  • Overview 17000 SQ. Feet, 1.45 Acres
  • Listing Type Commercial
  • Office: Go Commercial, LLC

Kona Center is a standout, one-of-a-kind property located in the heart of Kona Village. Consisting of approximately 1.45 acres of fee simple, V.-75 resort zoned land with an approximately 17,000 square foot concrete and steel frame building, this property will not disappoint. As of this writing, there is nothing advertised for sale in Hawaii that has the potential upside Kona Center has with a minimum investment. Massive future potential earning upside as well as location, location, location are what justify the listing price. While Kona Center currently has an excellent existing income, this is only the tip of the iceberg regarding its money generating potential. With a minimum investment, the current base rental income has the potential to double. With maximum investment, the sky’s the limit! Because Kona Center is located in the highest density resort zoning possible, unique money-making opportunities are available to position the property to generate maximum profits. STVR conversions on some or eventually all the units are just one idea to possibly double Kona Center’s current income. More aggressive moneymaking options requiring larger capital investments could include maximizing the build out potential of up to an 85-room hotel or smaller boutique hotel, according to Kona Center’s current highest density resort zoning. Kona Center could be a great long-term hold for institutional investors due to her large upside potential. If you are looking for a trophy property with tons of upside potential only limited by your pocketbook, then Kona Center is the property for you! I’d be happy to explain all the tremendous opportunities this property has to offer! Open to selling this property in leasehold for a period of 20 years. Owner has an active real estate license in the State of Hawaii.

Essential Information

MLS® #713454
Price$11,000,000
Bathrooms0.00
Half Baths5
Square Footage17,000
Acres1.45
TypeCommercial
Land TenureFee Simple
StatusActive
Assesed Value$3,434,300

Community Information

Address75-5722 Hanama Pl
SubdivisionHONUAULA 1ST - KEOPU 2ND
StateHawaii
Zip Code96740

Amenities

ParkingAssigned, Unassigned
Floor CoveringCeramic Tile

Features

Exterior Lighting, Floor Drain, High Traffic, Landscaped, Restroom-Public, Sprinkler System-Exterior, Sprinkler System-Interior

Interior

CoolingAir Conditioning, None

Exterior

Lot DescriptionCorner
RoofSteel/Metal
FoundationConcrete Slab
FrontageRoad/Street

Exterior

Masonry/Stucco, Wood, Shiplap Siding

Construction

Concrete, Double Wall, Hollow Tile, Steel Frame, Stone, Wood Frame

Additional Information

Date ListedAugust 20th, 2024
Days on Market27
ZoningV-.75
Description Land TenureFee Simple

Listing Details

OfficeGo Commercial, LLC
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Quick Details

This Property is priced at $11,000,000 and located at 75-5722 Hanama Pl, . With Bedrooms and 0.00 Bathrooms, it offers a total of 17000 Square feet. This Commercial was built in and its status is Active. This property is represented by Darryl Fujimoto of Go Commercial, LLC, Contact Number 8084990000.

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Listing information last updated on September 15th, 2024 at 7:55pm HST.