Seller's Contact Information
- RE: Rental Property - Income-producing & Rare!
- Contact: Teena Genge
Quick Facts
Asking Price: | $259,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1938 | |
Employees: | Not Disclosed | |
BBN Listing #: | 692724203 | |
Broker Reference #: | 08002-65946 |
Business Overview:
Amazing potential! This is a great, rarely available, commercially zoned property located in downtown Naalehu just one block off Highway 11. Located in Lava Zone 6, this is currently producing income as a rental property, but commercial zoning allows many other opportunities for the Buyer. The home was built in 1938 and is 963 square feet according to County records. Originally single wall construction, the home has been upgraded over the years including newer kitchen, electrical, sheetrock, and a new roof.  As such, the current home configuration may not match County records.Â
The current long-term renters would like to stay. It is approximately 60 miles to Kona or 75 miles to Hilo for major shopping and international airports. Â This area has a very desirable climate, with trade winds for a comfortable ocean breeze. South Point offers some of the best fishing in all of Hawaii. Nearby beaches include Green Sands, Black Sands and more. Agents and Buyers must independently verify any pertinent facts they deem material or important to their purchase with County and State agencies or others as needed.
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Property Features and Assets:
Seller is installing a shower conversion kit for showering in the tub. Off the bedroom slider is a large lanai for entertaining. Â This property has the potential to be converted into a small office, restaurant, coffee shop, etc. The possibilities are only limited to your creativity! The property is located adjacent to Naalehu Park giving you easy access to all its facilities. The Post Office, Ace Hardware, Punalu'u Bakery and several restaurants are located less than 1,000 ft from the property. Set off from the main highway next to Hana Hou Restaurant, traffic noise is minimal. A mature hedge gives the property a private feel. Â The home has a wheelchair accessible ramp. There are 2 mature mango trees along with bananas, papaya and a bearing tangerine tree.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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