Rental Property - Income-producing & Rare!

Naalehu, HI
Hawaii County

Downtown next to Highway 11.

Asking Price: Annual Revenue:
$259,000 Not Disclosed

Commercial Real Estate: Land

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RE: Rental Property - Income-producing & Rare! Broker: 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

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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. 

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.  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.  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.  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.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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