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SOLD
MLS: 660309
 
Building: PUNAHELE PROFESSIONAL BUILDING #203
Asking Price: $425,000 Fee Simple
Sold Price: $425,000
Sold Date: 11/17/2023
Type: Commercial/Residential Condo
District: South Hilo
Street: 82 Puuhonu Pl
Neighborhood: Punahoa 1st & 2nd
Full / 2 Half
Living Area: 1,270 SF
Style: Office
Land Area: 1.36 Acres
Parking: Assigned
Amenities: ADA Accessible,ADA Compliant,Office,Restroom-Private,Recreation Room,Bar-Wet
Days on Market: 683
(The Price of the property was lowered by $60,000 on 06/01/2023)
Year Built: 1999
Easements: Electric,Sewer
Zoning: CN-10
Roads: Paved
Land Recorded: Regular
Property Taxes: $1,700
Assessed Value: $171,500
Assessed Ratio: 247.81%
Listing Courtesy: Coldwell Banker Island Properties - Hilo
Terms Acceptable: 1031 Exchange,Cash,Conventional
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Medical Office for Sale - 2 full sized Doctor's Suites

Two turnkey connected medical suites (#202 & 203) located in one of Hilo's Premier Medical buildings, the Punahele Professional Building.

Home to Hilo Community Surgical Center, these esteemed units are highly desirable for their central location and rarely come on the market. This is an excellent opportunity for a medical professional to own office spaces in Hilo. The main lobby offers beautiful, indoor landscaping with an open sky feature. Current tenants of the building include a pharmacy, a food service business, and many Doctor offices, setting the stage for a bustling, business environment. Building is ADA compliant and offers ample Customer Parking, in addition to the covered, assigned parking below the building.

Double medical suites together feature a large reception room, 2 examination rooms with sinks, and a main procedure room with bright lighting, a main restroom for patients, 3 offices and an additional multi-purpose break room with a wet bar and a great panoramic view of Mauna Kea and historic Hilo Bay. The check-in desk provides lots of additional office space and features a private en suite bathroom.

4 deeded parking spaces are included: 2 covered, and 2 in the reserved parking section. Additional patient parking is available in the main parking lot.

Punahele Professional Building's Condominium Property Regime requires that unit use be medical or other associated or ancillary services.

AOUO fees are applied to building maintenance, property hazard & liability insurance for common elements, and management costs.

TMK’s: 3-2-3-35-42-6 & 7 to be sold together for Listed Price. Suite 202 (TMK 3-2-3-35-42-6) is approximately 634 square feet, and the adjacent unit (TMK 3-2-3-35-42-7) is a similar 636 square feet, for a total shared space of 1,270 square feet.


 
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