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USAHIKailua KonaHonuaula 1St - Keopu 2Nd75-5722 Hanama Pl
Kona Center Looking Makai | Image 1
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$11,000,000

75-5722 Hanama Pl, Kailua Kona, HI

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type HIS Food Service, Hotel/Motel, Office, Retail
Levels Commercial Sale
Size 17000 sqft
Garage No
Maintenance Fees 
Taxes $26,656
Days Active 33
Approx. Age 1978
Avg. Price Per Sqft $647
MLS® Number 713454

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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. <BR><BR>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.<BR>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.<BR>STVR conversions on some or eventually all the units are just one idea to possibly double Kona Center’s current income.<BR>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.<BR>Kona Center could be a great long-term hold for institutional investors due to her large upside potential.<BR>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!<BR><BR>Open to selling this property in leasehold for a period of 20 years. <BR><BR>Owner has an active real estate license in the State of Hawaii.Show Description
MLS® Number713454
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorLightning
GarageNo
Approx. Age1978
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNone
A/CHIS Air Conditioning, None
Heating Fuel

Extras

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