75-5663 Palani Rd - Freestanding FOR SALE
Kailua Kona, HI 96740 |
75-5663 Palani Rd
Kailua Kona, HI 96740
HIGHLIGHTS
- Fee Simple opportunity with near-term reversion of retail improvements in 2022
- Large lot size, resort zoning, and immediate proximity to the ocean providing an excellent redevelopment opportunity
- Unique opportunity to repositioning the retail improvements upon their reversion to the fee owner
- Extraordinary location just off of Alii Drive, the main thoroughfare for tourists in West Hawaii
- High foot traffic and visibility
- Stable cash flow with significant potential to increase income
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Kona Seaside Shops
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Restaurant, Storefront
TOTAL BUILDING SIZE
8560
STORIES
2
YEAR BUILT
1971
SPRINKLERS
-
PARKING SPACES
19
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
3-7-5-006-017-0000
