Featured Listing: 64-1015 Mamalahoa Hwy Kamuela $3,895,000

MLS# 240390 |

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Upcountry Waimea in the Kamuela area of the Big Island is one of the most affluent zip codes of Hawaii, according to recent census reports, and is home to a very diverse, growing population hungry for more services in a convenient location. This Highway front location offers excellent visibility, easy access, over 18,000 square feet of improvements plus ample parking for all current tenants. It is a rare form of commercial property, one that has a consistent high occupancy rate in an area where commercial property is very scarce and no expansion planned in the area. There is room for this property to be utilized to its highest and best use as configured or as something totally new. County Zoning is Neighborhood Commercial. For a full definition of the uses please go to http://www.hawaiicounty.com/countycode/chapter25.pdf page 69, 25-5-101. Sale includes: TMK 3-6-4-6-13, land area 28,426 sf, Improvement  12,501 sf; TMK 3-6-4-6-14, land area 13,182 sf, Improvement 6,200 sf; TMK 3-6-4-6-15, land area 1,960 sf, roadway lot Property also includes residential rental apartment units. Maintenance and repair work recently completed: repaved and repainted the parking areas; replaced all the outside flood light fixtures and installed new water regulators on all the buildings; repaired and replaced quite a few of the toilets in the commercial and residential units; upgraded, repaired and replaced the electrical wiring in the first building; changed the water lines in several of the buildings from galvanized pipe to PVC pipe; rewired and replaced ballasts and fluorescent bulbs in the 4 ft and 8ft fixtures as needed in all the buildings; repaired, replaced or worked on all the plumbing, electrical and whatever else was needed; quite a bit of work was done on the roofs.

Stroll along the shady sidewalks to shopping at the Kings or Queens shops, where you can also choose from a variety of cuisine at great restaurants or walk across the street to enjoy the amenities at either the Marriott Waikoloa Beach or the Hilton Waikoloa hotels.  Enjoy the water and white sand of Anaehoomalu Bay across the street; snorkeling, surfing, diving, sailing or even try windsurfing at one of the best Big Island Beaches. Golf at your choice of the two resort courses!

Just the perfect home away or home to stay, make it yours!

Contact me for further details on this listing.