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MLS: 660141 (Active - For Sale)
 
Asking Price: $357,000 Fee Simple
Type: Commercial
District: Puna
Street: 15-2950 Pahoa Village Rd
Neighborhood: Pahoa
Baths: 1
Living Area: 1,700 SF
Style: Food Service,Retail
Land Area: 1,515 SF
Days on Market: 747
(The Price of the property was lowered by $268,000 on 04/05/2024)
Year Built: 1996
Zoning: CV-10
Roads: County,Paved
Property Taxes: $3,609
Assessed Value: $242,800
Assessed Ratio: 147.03%
Listing Courtesy: COMPASS
Terms Acceptable: Cash
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~CASH ONLY ~

This is your chance to buy a well maintained commercial building located in the heart of Pahoa Village with two fully self contained units.

The building currently has a non-alcoholic Awa (kava kava) Bar with a large lanai and bathroom located on the first floor. The La Hiki Ola Kava bar has a one year lease that ends on April 1, 2023. Painted throughout with murals and other artwork, it’s been a mainstay of the local community for years.

The second floor contains a large fully self contained residential apartment with kitchen and bathroom and lanai.

The second floor is newly remodeled and repainted, with bamboo floors in the main space, and slate floors on the bathroom and lanai.

The new kitchen area has poured concrete countertops and new appliances (stove, dishwasher, refrigerator). There is lanai out front and a stairwell in the back that leads down to the first floor.

There is a small garden area in the back with lilliquoi and avocado plants. From the rear lanai and on the roof, there is a distant view of Mauna Kea and Mauna Loa volcanoes.

This building is located in the heart of Pahoa town and this area remains largely unchanged with Hawaiian western style architecture and rustic wooden boardwalk areas. Across the street from the units are three highly-rated restaurants including Thai, Seafood and Italian, and a new Kombucha brewery opening soon across the street. The downtown is hopping with activity, but the noise ends by 9pm every night.

This sale includes the building and land only, not the business on the first floor. The owner of the business is collaborative and also owns the new Kombucha-Jun brewery.

Serious buyers only!


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2 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
61360903/27/201803/27/2018$280,000$280,000
14971101/28/200501/03/2006$350,000$350,000

 
This information has not been verified by the associate and should be
verified by the buyer. Information is deemed reliable but not guaranteed.
Copyright: 2014 by Hawaii Information Systems.
 
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use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
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