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MLS: 655029
Building: Kala Cottage #10
Asking Price: $155,000 Fee Simple
Sold Price: $143,500
Sold Date: 11/08/2021
Type: Commercial
District: South Kohala
Street: 65-1231 Opelo Rd
Neighborhood: Waimea Homesteads

Living Area: 188 SF
Style: Office

Parking: Other (remarks),Unassigned
Amenities: Landscaped,Restroom-Private,Other (remarks)
Days on Market: 256
Year Built: 1988
Zoning: CV-7.5
Roads: County,Paved,Other (remarks)
Property Taxes: $516
Assessed Value: $48,300
Assessed Ratio: 320.91%
Listing Courtesy: Corcoran Pacific Properties
Terms Acceptable: Cash
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Prime Office Location Kala Cottage Central Waimea Unit 10

Conveniently located in the beautiful upcountry town of Waimea with its diverse community of corporate and small businesses, college prep schools and environmental and astronomy centers, Kala Cottage is located in a prime commercial area on desirable Nob Hill close to absolutely everything including 4 star restaurants. Kala Cottage Suite 10 is on the second floor in a classic plantation style building with a total of only 10 units. Professionals in the behavioral health field, accounting, psychology and learning specialists are but a few of the tenants and owners. Located in a quiet setting with easy access off Kawaihae Rd., Kala Cottages are located behind Merriman's Restaurant on Puu Opelo. Easy in and out parking lots (2) with 1 space assigned to each of the 10 offices and additional parking for guests. These office units rarely come up for sale with the last sale in 2019; this seller has owned for the last 22 years. The building interior and exterior surroundings are well maintained and managed by the HOA Board. HOA dues include your electricity, septic system and minimal water usage; only two of the 10 offices have water and there are two private restrooms on the first floor. Continued improvements include 2004 new roof; new septic tank 2011; exterior of building painted in 2018; currently no pending assessments. This Seller also owns the larger contiguous unit #9 which may be available in the near future so please inquire.

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