750 Kanoelehua Avenue,Hilo, HI 96720
Hilo, HI 96720
Description
This is a leasehold property. Prime commercial property for sale (leasehold) on busy Kanoelehua Ave., just minutes to Hilo International Airport. The center is known as Lehua Center and includes four retail spaces totaling 5,992 sq. ft. of leasable area. Each space has it's own private restroom and is individually metered for electricity. There are 25 parking stalls. The land area is 21,050 sq. ft. and is zoned MCX-20. The original 60 year ground lease has approximately 44 years remaining with known ground rents until 8/31/29. The fee is not available, but there is a first right of refusal. The entire property is leased to a single tenant until September 30, 2027. That tenant in turn subleases the individual spaces. Lessor is responsible for building exterior repairs and common area maintenance. Lessee is responsible maintaining the interior spaces. Priced below 2023 appraisal. Please DO NOT disturb tenants. Offer subject to inspection.
Details
| MLS # | 202503343 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Building Name | None |
| Sub-Type | Resale |
| Status | Active |
| Year | 2017 |
| Days On Site | 543 |
| Listing Provided By | Lau & Associates, LLC | Steven H Lau |
Features
| SQ Feet | 5,992 |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Zoning | Neighbor Island - See Remarks |
Exterior
| Construction Materials | Wood Frame |
|---|
Other
| Security Features | Fire Sprinkler System |
|---|
Taxes
| Property | 16020 |
|---|
Area Information
| State | HI |
|---|---|
| County | Hawaii |
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | WAIAKEA HSELOTS |
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Learn More About This Property
| State | HI |
|---|---|
| County | Hawaii |
| City | Hilo |
| Zip Code | 96720 |
| Area | Big Island |
| Community Name | WAIAKEA HSELOTS |