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MLS: 707758 (Active - For Sale)
 
Asking Price: $985,000 Fee Simple
Type: Residential
District: South Kohala
Street: 65-1323 Kawaihae Rd
Neighborhood: Waimea Homesteads
Beds: 0   Full / 1 Half
Living Area: 1,226 SF
Land Area: 7,500 SF
Parking: Detached,Unassigned
Days on Market: 72
Year Built: 1953
Easements: Ingress/Egress,Electric
Zoning: RS-7.5
Roads: Paved,Major Thoroughfare,County
Land Recorded: Regular
Property Taxes: $4,710,.14
Assessed Value: $440,200
Assessed Ratio: 223.76%
Listing Courtesy: Coast Properties Ltd.
Terms Acceptable: Cash,FHA,Conventional
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All Homes For Sale in Waimea Homesteads

Mixed use investment property across from Opelu Plaza on Kawaihae Rd!

Iconic mixed use investment property across from Opelu Plaza on Kawaihae Rd!
HIGH visibility for the office unit in front; and easy access to the 2 unit two-story residence behind it, on Kamuela's preferred "Dry Side".
For tenants, a very convenient location to businesses and stores in Kamuela.
Grandfathered in use for the office; along with the residence units per the zoning makes for a variety of uses for an investor or user alike.
This property has been a visible fixture in Kamuela for decades, and a great place to showcase a business to the Kamuela community. Located on Kawaihae Rd. and across the road from Merriman's restaurant, and the businesses at Opelu Plaza, this special location is a short stroll to Waimea Park, Parker School, Parker Ranch Ctr and Waimea Town Ctr regional shopping centers, and the many restaurants and stores. North Queens Hospital in Kamuela is just 5 minutes away.
The office bldg. is approximately 432 sq ft. of interior space, with approximately 170 sq. ft. of deck.
The res bldg. consists of two studio units- one on each level, providing approximately 384 sq. ft. per unit (total of 768 sq. ft for both units). The deck and lanai area is approximately 296 sq. ft., with good mountain views from the upper story.
This property has had recent new deck work at both the office and res buildings, new paint at the office bldg., and new vinyl flooring and paint to the upstairs res unit.
This is really a gem in Kamuela, and a type of mixed use property rarely available in this special community. Only 20 minutes to the Mauna Kea Beach Resort and Kawaihae Harbor; 55 minutes to Kailua-Kona; and just 40 minutes to Costco and Home Depot. Hilo is just 55 minutes south as well.
Property has been in long term rental for many years, so is a very in-demand rental property on this preferred side of Kamuela.
Property to be sold in As Is Condition, and subject to the remaining term of the office lease.


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