Active
75-5722 HANAMA PL
KAILUA - KONA HI, 96740
$11,000,000
$647.06 per sqft
Active
2.5 Baths
17,000 sqft
Commercial
Built in 2004
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.
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.
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.
STVR conversions on some or eventually all the units are just one idea to possibly double Kona Center's current income.
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.
Kona Center could be a great long-term hold for institutional investors due to her large upside potential.
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!
Open to selling this property in leasehold for a period of 20 years.
Owner has an active real estate license in the State of Hawaii.
713454
MLSⓇ ID
August 24, 2024
Listed
November 22, 2024
Updated
Map
75-5722 HANAMA PL
KAILUA - KONA HI, 96740
Interior Features
Total Stories
1
Total Bathrooms
2.5
Half Bathrooms
5
Fireplace
No
Cooling
No
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
1.45 Acres
Lot Features
Corner Lot, Sloped
Other Property Details
Area Name
North Kona
Taxes
$26,656
Tax Frequency
Annually
Garage
No
View
No
County
Hawaii
Pool
No
Zoning
V-.75
Courtesy of Go Commercial, LLC, Darryl K Fujimoto
Listing Contact:
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Data last updated 4:28 AM UTC, 11/22/2024