South Kona Commercial Property Sold: 81-6627 HAWAII BELT RD, South Kona, in Big Island of Hawaii

SOLD
MLS: 625908

Building: Selwyn Plaza #3
Asking Price: $1,100,000 Fee Simple
Sold Price: $1,000,000
Sold Date: 12/05/2022
Type: Commercial
District: South Kona
Street: 81-6627 Hawaii Belt Rd
Neighborhood: Kealakekua Village

Living Area: 5,280 SF
Style: Office
Land Area: 12,233 SF
Days on Market: 1896
(The Price of the property was lowered by $175,000 on 07/08/2019)
Year Built: 1989
Zoning: CV-10
Roads: County,Paved
Land Recorded: Regular
Property Taxes: $11,058
Assessed Value: $1,033,500
Assessed Ratio: 106.43%
Listing Courtesy: Coast Properties Ltd.
Terms Acceptable: 1031 Exchange,Cash,Conventional

Google Map County Records

Print Version

Selwyn Plaza - Class A Commercial Bldg - Kealakekua - Medical/Office

ACCEPTING BACK UP OFFERS AS OF 9/19/22.
REDUCED $175,000 since list date!!
Fantastic opportunity to own a Class A commercial building in the heart of Kealakekua near the only Hospital in Kona!
* High NET CAP RATE of 7.12% possible at full occupancy.
* 2 Units occupied by doctors and lawyers comprising 5,280 leaseable square fee! 1 unit vacant.
* Zoining also allows for conversion to part or all residential use!
* Quality building with AC units in individual tenant spaces!
* Good off street parking!
* Attractive Building for great tenant appeal!
* Tenants on NNN leases!
* Surrounded by banks and other medical facilities!

This information has not been verified by the associate and should be
verified by the buyer. Information is deemed reliable but not guaranteed.
Copyright: 2015 by Hawaii Information Systems.

IDX information is provided exclusively for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.

The active listings on this site are listed by REALTORS®. If you are
interested in those listings, we may represent you as the buyer's agent.