$11,000,000
( $647.06Per Sq Foot )
 $59,050 est/mo Sourced by Back At You

75-5722 Hanama Pl , KAILUA-KONA, HI 96740

KAILUA-KONA, HI 96740

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Description

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. brbrAs 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.brWhile 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.brSTVR conversions on some or eventually all the units are just one idea to possibly double Kona Center’s current income.brMore 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.brKona Center could be a great long-term hold for institutional investors due to her large upside potential.brIf 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!brbrOpen to selling this property in leasehold for a period of 20 years. brbrOwner has an active real estate license in the State of Hawaii.

Details

MLS#713454
Listing TypeFor Sale
StyleCommercial
Sub-TypeFee Simple
StatusActive
Year1978
Days On Site41
Listing Provided ByGo Commercial, LLC | Darryl Fujimoto

Features

Bath(s) 5 Total
SQ Feet17,000
Acreage1.45

Market Activity 96740

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Hawaii Information Systems.

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Listings Checked: 2 minutes ago
StateHI
CityKAILUA-KONA
Zip Code96740
AreaBig Island
SubareaNorth Kona
Community NameHONUAULA 1ST KEOPU 2ND
Listing VS Median (in HONUAULA 1ST KEOPU 2ND)
Price:
$11,000,000
low | high
Med:
$0
On Site:
41
low | high
Med:
Sourced by Back At You
Listing Updated: October 3, 2024 at 1:50:31 AM PDT