South Hilo Commercial Property Sold: 500 KALANIANAOLE ST, South Hilo, in Big Island of Hawaii

SOLD
MLS: 662700

Building: Kuhio Industrial Park #3
Asking Price: $2,349,000 Fee Simple
Sold Price: $2,100,000
Sold Date: 10/31/2023
Type: Commercial/Residential Condo
District: South Hilo
Street: 500 Kalanianaole St
Neighborhood: Waiakea

Living Area: 12,000 SF
Style: Warehouse
Land Area: 12,736 SF
Parking: Other (remarks)
Days on Market: 682
(The Price of the property was lowered by $151,000 on 08/23/2022)
Year Built: 1984
Zoning: MG-1A
Roads: Paved
Property Taxes: $200
Assessed Value: $1,210,400
Assessed Ratio: 194.07%
Listing Courtesy: Iokua Real Estate, Inc.- Waikoloa
Terms Acceptable: Conventional

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Rare warehouse/office building for sale near Harbor

Rare commercial condo warehouse/office building with parking for sale near Hilo Harbor. Zoning is MG-1A. Currently tenant occupied by a non-profit which lowers property taxes while they are a tenant. Centrally located less than a mile from Hilo Harbor and minutes from Hilo International Airport, this is a prime property in a prime location. Gross building area is 12,000 sqft with 8,432 sqft of mezzanine. This must be seen to appreciate the opportunity.

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