North Kona Commercial Property Sold: 75-5719 ALII DR, North Kona, in Big Island of Hawaii

SOLD
MLS: 656778

Building: Kona Plaza #1 & 2
Asking Price: $290,000 Fee Simple
Sold Price: $150,000
Sold Date: 02/10/2023
Type: Commercial/Residential Condo
District: North Kona
Street: 75-5719 Alii Dr
Neighborhood: Honuaula 1st - Keopu 2nd

Living Area: 8,122 SF
Style: Hospitality
Land Area: 14.97 Acres
Parking: Other (remarks)
Days on Market: 862
(The Price of the property was lowered by $514,078 on 10/31/2022)
Year Built: 1973
Zoning: V-.75
Roads: Paved
Property Taxes: $4,662
Assessed Value: $413,300
Assessed Ratio: 70.17%
Listing Courtesy: Iokua Real Estate, Inc.- Waikoloa
Terms Acceptable: Agreement of Sale,Cash,Conventional,PMM

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Two (2) commercial condo in the heart of Kailua-Kona

This sale includes TMK (3) 7-5-7-17-1 & 2 with a total square footage of 8,122 sqft of leaseable area. Priced to sell at less than $55 per sqft. Sale also includes 16 unassigned secured parking stalls and 15 unassigned unsecured parking stalls.

Two commercial condos in the heart of Kailua-Kona town. These units are located on the ground level just off Alii Drive, behind Pancho's and Lefty's. Near Mokuaikaua Church and across the street from Hulihe'e Palace. This is a unique opportunity to own commercial property in Kailua-Kona town.

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