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Kina Knisley

kinak@teamk2realestate.com +1(808) 681-9594

Listed by Lau & Associates, LLC

$ 1,215,000

Est. payment | -/mo

Save

$ 1,215,000

Est. payment | -/mo

Save

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Waiakea Hselots

MLS Listing ID 202503343

Construction Status Good Condition

HOA Y/N No

Year Built 2017

Annual Tax Amount $16,020

Property Sub-Type Industrial

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

County Hawaii

Area S. Hilo

Building/Complex Name None

Interior

Cooling Other

Flooring Concrete

Fireplace No

Exterior

Parking Features On Site

Utilities Available Electricity Available, Natural Gas Available

Building

Story 1

Entry Level One

Sewer Septic Tank

Level or Stories One

Construction Status Good Condition

Others

Tax ID 3-2-2-037-029-0000

Security Features Fire Sprinkler System

Special Listing Condition None

Nearby Locations

GET MORE INFORMATION

Kina Knisley

REALTOR® | Lic# RS-78283

kinak@teamk2realestate.com

+1(808) 681-9594

6600 Kalanianaole Highway, Suite 114, Honolulu, HI 96825, USA

750 Kanoelehua AVE Hilo, HI 96720

Kina Knisley

Key Details

Location

Interior

Exterior

Building

Others

750 Kanoelehua AVE