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SOLD
MLS: 633590
 
Asking Price: $1,550,000 Fee Simple
Sold Price: $1,240,000
Sold Date: 06/04/2020
Type: Commercial
District: Kawaihau
Street: 4-1558 Kuhio Hwy
Neighborhood: Kapaa Town Lots
Baths: 2
Living Area: 3,317 SF
Style: Office
Land Area: 9,000 SF
Parking: Other (remarks)
Amenities: Built-in-Book Shelves,Kitchen-Community,High Traffic,Landscaped,Park/Playground,Walking/Jogging Path
Days on Market: 1586
(The Price of the property was lowered by $100,000 on 02/27/2020)
Year Built: 1940
Easements: Cable,Driveway,Ingress/Egress,Electric,Street Widening,Sewer,Telephone,Water
Zoning: C-G
Roads: Paved,State
Land Recorded: Regular
Property Taxes: $7,575,.93
Assessed Value: $935,300
Assessed Ratio: 165.72%
Listing Courtesy:
Terms Acceptable: 1031 Exchange,Cash,Conventional
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This is the Makai Ola (Ocean Life)

“Time and tide wait for no man”, “Gather ye rosebuds while ye may”; and “Strike while the iron is hot” are all apropos adages for this superior offering. Less than 200 feet from the rear of this almost oceanfront Lovingly restored classic plantation building, lays the bright blue Pacific. Only the seven miles-long, coastal, multi-use, walk, jog, and bike, path, and the Kapaa Beach Park separate you from the high-tide mark.
Commercial General zoning opens the door to myriad uses. Perhaps a restaurant, boutique shops, a motel, or a plantation style ocean-view home? Buyer and Buyer’s agent are to confirm acceptable uses, with the County of Kauai.
The property is currently being operated as an eight-office medical center with an emphasis on whole-body health. There is no doubt, that as soon as you walk through the doors of this vintage piece of paradise, you will know how best to utilize this exceptional space. A palpable good energy embraces the property and those who luckily occupy or visit it. This well maintained structure has been lovingly cared for, and it shows. Two ample reception areas allow for the new owner, or their tenants, to attract customers from either the highway or walk-jog sides of the building.
Easy access from Kuhio highway and additional parking behind the structure are big advantages. There are the added pluses of its proximity to restaurants, public parks and pools, neighborhood center, shopping, the ocean, and all Kapaa’s mainstays and tourist attractions. Check out available commercial rental space in the area together with their asking rates and condition, and this property’s potential becomes crystal clear. The current owners would like nothing more than “to see the new owners enjoy and thrive within this special space and our tight knit community”, as they have.
Come take a look, you will be glad you did. Remember, “Opportunity seldom knocks twice”. Act quickly, or this exceptionally priced property will inevitably disappear.


 
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