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$900,000

605 KALANIKOA ST

3 Beds 1 Bath 1,456 Sq.Ft.

Description

Located on a bustling street corner just a few hundred feet from the entrance to Hilo International Airport, this expansive property benefits from high visibility, significant traffic flow, and an extensive list of potential uses.

Property Highlights:

* Prime Location: A stellar corner plot with broad frontage along Kekuanoa Street, which offers direct access to Hilo International Airport. This bustling roadway also serves as the main connection route between the airport and large swaths of Hilo's university, government, and residential districts. Nearby Highway 11 is one of the island's most heavily trafficked roadways, connecting directly to Hawaii Volcanoes National Park.

* MCX-20 zoning opportunity: this category allows for dozens of potential uses including retail, food service, office, medical, and industrial uses.

* Large lot size: with over half an acre of land, the property provides ample parking for a variety of development opportunities.

* Multiple existing buildings: recently repainted, the existing structures on the property provide opportunities for future use.

* Established Area: Located amidst high-traffic commercial businesses, including a neighboring gas station.

* Superior Infrastructure: Critical utilities are available here including electricity, water, and sewer connectivity.

*Property is conditionally approved for MCX-20 zoning - please see attached land use summary and disclosure documentation in MLS (also available by request). An independent appraisal report is also available for qualified buyers, after receipt of a singed non-disclosure agreement. Buyers and their agents to perform their own due diligence.

Showings are by appointment only.

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Location

605 KALANIKOA ST, HILO, HI 96720

Status

Sold
Nate  Gaddis

Nate Gaddis

Maggie Zhang

Maggie Zhang

Features & Amenities

Interior

  • total bedrooms3
  • Total bathroom1
  • full bathroom1

Area & Lot

  • Status Sold
  • Living Area1,456 Sq.Ft.
  • Lot Area0.51 Acres
  • MLS® ID708429
  • TypeCommercial
  • YEAR BUILT1953
  • NeighborhoodBig Island

Exterior

  • utilitiesSewer Connected, Cable Available
  • lot featuresCleared, Corner Lot, Level

Financial

  • Sales Price$900,000
  • Real Estate Tax $4,875/yr
  • Zoning RS-10

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