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45-3577 Mamane Street - Sakata Building, Honokaa, HI

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45-3577 Mamane Street - Sakata Building

Honokaa, HI 96727-6976 - Hilo/East Big Island Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:-
Building Size:7,468 SF Land Area:1.6 AC (69,696 SF)
For Sale Price:$925,000 Price/SF:$123.86
Cap Rate:4.00 %



Sale Notes:
Located in historic downtown Honokaa, the lot includes the following:
- 2,976 sq ft commercial building
- 1,872 sq ft residential duplex building
- 1,488 sq ft residential duplex building
- 1,132 sq ft residential building
- Zoned CV-10 - Village Commercial, which allows flexible use of the property
- 2 water meters that allow service up to 8 units. One is a 2 inch line , the other is 5/8th inch
- 1.60 acre lot

Site offer lots of options and a great location
located in the center of downtown Honokaa this historic building was built in 1936..
Highlights
Family occupied insurance business pays no rent in main commercial building. Most of rentals have not been increased for over 20 plus years.
Huge opportunity to increase income

Yamanaka Enterprises, Inc.
Vern Yamanaka
(808) 935-9766




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