28-2831 Hawaii Belt Rd

Pepeekeo, HI 96783

About this property

WHAT A BARGAIN! EXCELLENT FEE SIMPLE + BUSINESS + PROPERTIES IN GREAT CAP RETURN! TRAFFIC, TRAFFIC, TRAFFIC!! The most strategic location with great cash-flow mixed use commercial property is being offered in the major traffic artery in Pepeekeo - 12 miles from Hilo. 2 free-standing buildings are totally gutted-out and re-done inside-out. Main house (2500 sf approx) offers 3 beds up, 3 beds down with huge deck (144 sf) & separate living/kitchen/entries. The 2nd structure (900 sf approx) is the convenience store which generates $$$$$ net income (~ approx. 10.5 CAP rate!) supporting multiple neighborhoods' daily essential needs from food, grocery, beverages, liquor. This is a one of a lifetime opportunity to own this iconic location where all locals and tourists' stop-over spot to replenish and get-going. HOT & RARE!! DON'T MISS THIS! Zoning: 8A

Date Listed
November 12, 2018
Listing Status
Active
Days On Site
369
MLS#
201828948

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Sub-Type
Resale
Year
1950
Garage
0
Pool
No
Story(s)
2
Property View
No
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$2,500,000 Active
0 Beds
0 Baths
3,400 SQFT

Presented By RS Hawaii Homes

Get in touch today! Phone: (808) 277-3527
Brokerage
Ivy K Realty LLC
(808) 277-3527
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Area Information

| County |

$ 2,500,000
This listing is play_arrow 354.5% higher than the average in the area
$ 550,000 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
369 days on site
This listing is play_arrow 51.4% below the average in the area
760 days on site in the area

Schools in the Area

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    Elementary School
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