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MLS: 630705 (Active - For Sale)
 
Asking Price: $195,000 Fee Simple
Type: Business
District: South Hilo
Street: 110 Kalakaua St
Neighborhood: Hilo Town
Style: Business
Land Area: 18,404 SF
Days on Market: 100
Year Built: 1898
Zoning: CDH
Roads: County,Paved
Land Recorded: Not Recorded
Property Taxes: $9,252
Assessed Value: $880,100
Assessed Ratio: 22.16%
Listing Courtesy: New eRealty
Terms Acceptable: Cash
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BEAR\'S COFFEE, IN SAME LOCATION FOR OVER 35 YEARS!

This long tenured business is a staple of the downtown Hilo community. Located within the heart of Hilo’s established tourism center, Bears enjoys a robust breakfast and lunch following that consists of about 40% of local business and 60% in tourist business. There has been regular advertising both locally and internationally that will continue to bring business to Bears, long after the new owner has taken over. Over ¼ million in annual sales with lots of room for continued growth and expansion. Options include extending to dinner hours and catering. The current owner is a chef and this is an ideal small business for a chef owner or family owned business.BEARS has UNIQUE, LONG TERM HISTORY OF SUCCESS IN HILO!! BEST BELGIAN WAFFLES ON THE BIG ISLAND! AMAZING MENU...GREAT COFFEE DRINKS ETC...INCLUDES: Furniture, High Traffic, Lease, Inventory, Goodwill, 1 Restroom, Tradename, Lic


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3 Transaction(s) Found in Sales History
MLS List Date Sold Date List Price Sold Price
12646908/19/200310/27/2003$69,000$55,000
16717111/03/200506/13/2006$90,000$70,000
12457106/25/200312/31/2003$199,000$75,000

1 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
0 Bed 0.01 Bath01/22/201909/03/2019$25,000$25,000
Average Price:  $25,000

 
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