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SOLD
MLS: 655494
 
Asking Price: $1,500,000 Fee Simple
Sold Price: $1,150,000
Sold Date: 11/10/2022
Type: Commercial
District: Puna
Street: 16-266 Kipimana St
Neighborhood: Keaau

Living Area: 12,900 SF
Style: Warehouse
Land Area: 5.68 Acres
Days on Market: 710
Year Built: 2009
Zoning: A-20A
Roads: Graded,Paved
Property Taxes: $4,760
Assessed Value: $509,100
Assessed Ratio: 294.64%
Listing Courtesy: Hilo Bay Realty LLC
Terms Acceptable: 1031 Exchange,Agreement of Sale,Cash,Conventional
Google Map   County Records
 
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12,000 sq ft WAREHOUSE on 5.5+ acres, at Shipman's!

Rare Opportunity! Over 15,500 sq ft of Warehouse, located near the Kea'au Industrial Park, and surrounded by many other agricultural processing and industrially zoned properties.

The steel-framed warehouse with concrete flooring features:
11,500 Interior sq ft, with 22' high ceilings
1,400 sq ft covered lanai located on the east-facing end of the building
1,000 sq ft covered loading and utility areas located on the north-facing side of the building
1,800 sq ft of the loading dock with a ramp area, ideal for loading product and receiving deliveries in the 12' wide ramp, located on the north-facing side of the building

The interior features 4 sets of 12' wide roll-up steel doors, plus 4 sets of 3' wide exterior doors. There is a 192 sq ft bathroom, plus 2 additional utility sinks, and a 500 sq ft storage room/office with 10' wide doors leading into the room from the interior of the warehouse. With this square footage, you could build spacious lofts or offices into the warehouse and lease out spaces to others, per the new owner's wishes.

A well supplies the water.

This is a cash sale only, and sold "AS IS". The building does not have final permits. The seller has retained the services of a local planner to outline the costs to bring the building into the current code and a timeline to final the permits. Buyers shall perform all of their own due diligence as it pertains to this and all other matters concerning this property.

The warehouse is situated on over 5.6 acres of Ag zoned land. There are many agricultural opportunities in which this rare type of property could be utilized for. Check out the Planning Departments Agricultural zoning allowances. With 4 /- acres of remaining vacant land, plus a greenhouse slab, you can grow your Agricultural product, and use the warehouse to process it. Many of the surrounding properties are zoned for industrial use and a zoning change was suggested as a possibility.


 
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