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95-1148 Naalehu Spur Rd

Naalehu, HI 96772
  • $2,000,000
  • STATUS: Active
  • ON SITE: 314 Days
  • MLS #: 702113
UPDATED: 47 min ago
$2,000,000
  • 2
    BEDS
  • 0.31
    ACRES
  • 4
    BATHS
  • 3
    1/2 BATHS
  • 3,987
    SQFT
  • $502
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1925
Area:
Kau

School Ratings & Info

Description

Incredible opportunity to purchase a fee simple, commercially zoned, income-producing property in the heart of Naalehu, the southernmost town in the US. This turn-key property consists of two amazing food establishments. One is the renowned restaurant Hana Hou, which launched in 1940, offering delicious comfort food and desserts. It has a liquor license and both indoor and outdoor seating. The other is Taco Titas, offering Mexican cuisine. The property also features two charming motel rooms, warehouse, laundry room, and an office. Ample parking space is available on the lot and nearby. Also included in this sale is TMK # 3-9-5-21-32, a vacant land that is approximately 4,959 SF, located across the Street. This enticing offer provides additional PARKING space, bringing more business to the property. Take advantage of the tremendous owner-user potential by continuing to run the existing businesses, which are generating an attractive cash flow with a desirable cap rate. Seller Financing is available to purchase the property. Home to two of the few dining options in Kau (the largest district on the Big Island), this is an enticing investment. The sale also includes furniture, a comprehensive list of kitchen appliances, and restaurant recipes. Nearby area attractions include South Point, Green Sand Beach, Punaluu Black Sand Beach, the Kahuku Unit of Volcanoe National Park, and Whittington Beach Park. Located just 59 miles from Kailua- Kona and 63 miles from downtown Hilo.

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© 2024 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Life Real Estate Brokers. Data last updated: 2024-02-29T00:34:50.353.
www.searchhawaii.net/homes/138738334
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95-1148 Naalehu Spur Rd Naalehu, HI 96772

  • Price: $2,000,000
  • Status: Active
  • On Site: 314 Days
  • Updated: 47 min ago
  • MLS #: 702113
2
Beds
4
Baths
3
½ Baths
0.31
Acres
3,987
SQFT
$502
$/SQFT
1925
Built
Neighborhood:
Kawala
Area:
Kau
Property Description
Incredible opportunity to purchase a fee simple, commercially zoned, income-producing property in the heart of Naalehu, the southernmost town in the US. This turn-key property consists of two amazing food establishments. One is the renowned restaurant Hana Hou, which launched in 1940, offering delicious comfort food and desserts. It has a liquor license and both indoor and outdoor seating. The other is Taco Titas, offering Mexican cuisine. The property also features two charming motel rooms, warehouse, laundry room, and an office. Ample parking space is available on the lot and nearby. Also included in this sale is TMK # 3-9-5-21-32, a vacant land that is approximately 4,959 SF, located across the Street. This enticing offer provides additional PARKING space, bringing more business to the property. Take advantage of the tremendous owner-user potential by continuing to run the existing businesses, which are generating an attractive cash flow with a desirable cap rate. Seller Financing is available to purchase the property. Home to two of the few dining options in Kau (the largest district on the Big Island), this is an enticing investment. The sale also includes furniture, a comprehensive list of kitchen appliances, and restaurant recipes. Nearby area attractions include South Point, Green Sand Beach, Punaluu Black Sand Beach, the Kahuku Unit of Volcanoe National Park, and Whittington Beach Park. Located just 59 miles from Kailua- Kona and 63 miles from downtown Hilo.
Exterior Features

Carport Area Total 0 Exterior Area Total 0 Garage Area Total 0 Land Tenure Fee Simple Ocean Front No Pool No Roads County

Property Features

Assessed Value 385300 Distressed Standard Sale Lava Zone 6 Oceanfront Unit N Power GasOverheadSolar/Photovoltaic Property Type Commercial Sewer Septic Solid Waste Disposal Private Contractor Tax Key 395021005 Taxes 4122.72 Terms 1031 ExchangeAssumptionCashConventional Water County Zoning Cv-7.5

Listing information © 2024 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Corcoran Pacific Properties.


© 2024 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Hawaii Life Real Estate Brokers. Data last updated: 2024-02-29T00:34:50.353.
 
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