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SOLD
MLS: 666278
 
Asking Price: $1,750,000 Fee Simple
Sold Price: $1,750,000
Sold Date: 04/18/2023
Type: Commercial
District: South Kohala
Street: 65-1299-B Kawaihae Rd
Neighborhood: Waimea Homesteads
Baths: 1
Living Area: 1,386 SF
Style: Special Purpose
Land Area: 2.2 Acres
Parking: Other (remarks)
Amenities: Storage Area,Other (remarks)
Days on Market: 545
Year Built: 1958
Zoning: CV-7.5
Roads: County,Major Thoroughfare,Paved,Other (remarks),State
Land Recorded: Regular
Property Taxes: $14,388
Assessed Value: $1,344,700
Assessed Ratio: 130.14%
Listing Courtesy: COMPASS
Terms Acceptable: Cash,Conventional
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OPPORTUNITY:Commercial/Residential/Land Central Waimea Behind Redwater Café

2.2 Acres of Commercial CV-7.5 zoned land with a 1958 Plantation structure on property. Refer to CV-7.5 zoning at the Hawaii County Planning Department as potential allowed uses are extensive www.planning.hawaiicounty.gov › zoning-land-use. Incredible location for this rare commercially zoned land as opportunities like this are at a premium in fast growing, highly desirable upcountry Waimea. Seller’s vision was for a community hub which would include offices, deli, retail, community garden, greenhouse for Farm to Table restaurant, and more to benefit the unique lifestyle of Waimea. Sellers began the renovation of the old home and added a new roof amongst other improvements however project is not completed, and all work has ceased. Additionally, the Sellers invested substantial time and money in tree removal and general cleanup of the property. Selling in current AS IS condition. Has great potential for new owner to complete in their own vision. Located right in the heart of the commercial section of Waimea town within walking distance to Redwater Café, Merriman's, Moa's Kitchen, Hawaii Preparatory Academy, Pau Pizza, and Parker School. One turn off Kawaihae Road, the lot is tucked back off the busyness of the road with easy access in and out. Waimea town in general and this lot in particular are an ideal combination for future success of almost any commercial venture as commercial zoning remains limited in town and is much needed for housing, retail, or a range of services.


 
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