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SOLD
MLS: 628532
 
Asking Price: $65,000 Fee Simple
Sold Price: $30,000
Sold Date: 08/15/2020
Type: Land
District: Kau
Street: 92 Mamalahoa Hwy
Neighborhood: Hove
Style: Vacant
Land Area: 1.15 Acres
Days on Market: 1820
(The Price of the property was lowered by $5,000 on 07/19/2019)
Zoning: A-1A
Roads: County,Major Thoroughfare,Paved
Land Recorded: Regular
Property Taxes: $673
Assessed Value: $62,900
Assessed Ratio: 103.34%
Listing Courtesy: The Land Office, LLC
Terms Acceptable: Agreement of Sale,Cash,Conventional,Open,PMM,Other (remarks)
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SITE of old SOUTH Pt BAR & RESTAURANT - Ocean Views - 2.16 acres 2 lots

WHOPPORTUNITY KNOCKS - this is the site of the old South Point Bar and Restaurant that burned down in the year 2000. It has Hwy Frontage and exposure (but there is also an entrance from Tiki Lane) the driveway off Hwy 11 may or may not be approved by the county to continue using to access the property
TWO (2) lots MUST be sold together making a total of 2.16 acres. Second lot is TMK:3-9-2-85-22. It is zoned and in records as Variance./Special Use Permit #222 for a Restaurant, Bar, Night Club and a Real Estate Office. Could possibly be able to reinstate this permit if doing the same activity but if wanting to do something else.. a new Variance may be required.. although note it now comes up as Commercial so possibly checking with the County of Hawaii other uses may be allowed
Old landscaping still in place and some rock walls and big trees. This property is waiting for the right owners and is a great opportunity to expand and have an income producing property. Buy for now, or invest in the future. Ocean View is a developing community of Homes, Shopping centers, Community Center, Park , Fire and Ambulance station and now is the time to buy. TERMS possible with half down. Seller/Owner holds an active real estate license in the State of Hawaii..


 
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