HI > Hilo > Waiakea House Lots 1St Series
Hilo, HI 96720,750 KANOELEHUA AVE #4
Hilo, HI 96720,750 KANOELEHUA AVE #4
Hilo, HI 96720,750 KANOELEHUA AVE #4
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Travis Scott

Travis Scott

+1(808) 333-1616
$1,350,000
Est. payment /mo
4 Baths
5,992 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,992 sqft

Price per Sqft $225

Subdivision Waiakea House Lots 1St Series

MLS Listing ID 719531

Half Baths 4

HOA Y/N No

Rental Info 2932

Year Built 2017

Annual Tax Amount $16,029

Tax Year 2024

Lot Dimensions 210 x 100

Property Sub-Type Retail

Source Hawaii Information Service

Land Area 21050

Property Description

This is a leasehold property. Prime commercial property for sale (leasehold) on busy Kanoelehua Ave., just minutes to Hilo International Airport. The center is known as Lehua Center and includes four retail spaces totaling 5,992 sq. ft. of leasable area. Each space has it's own private restroom and is individually metered for electricity. There are 25 parking stalls. The land area is 21,050 sq. ft. and is zoned MCX-20. The original 60 year ground lease has approximately 44 years remaining with known ground rents until 8/31/29. The fee is not available, but there is a first right of refusal. The entire property is leased to a single tenant until September 30, 2027. That tenant in turn subleases the individual spaces. Lessor is responsible for building exterior repairs and common area maintenance. Lessee is responsible maintaining the interior spaces. Priced below 2023 appraisal. Please DO NOT disturb tenants. Offer subject to inspection.

Location

State HI

Community Waiakea House Lots 1St Series

Area Hi

Zoning MCX-20

Region South Hilo

City Region South Hilo

Exterior

Parking Features Unassigned

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected

View Y/N No

Topography Level

Garage No

Private Pool No

Building

Lot Description Cleared

Others

Ownership Full

Acceptable Financing 1031 Exchange, Cash, Contract, Conventional, HIS Purchase Money Mortgage

Listing Terms 1031 Exchange, Cash, Contract, Conventional, HIS Purchase Money Mortgage

Special Listing Condition Leasehold, Standard

Read Less Info
Hawaii Information Service (HIS)
Listed by Lau & Associates LLC

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agent

Travis Scott

+1(808) 333-1616

Big Island Realtor | License ID: RS-83053

Big Island Realtor License ID: RS-83053

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