65-1241 Pomaikai Pl Unit 5, KAMUELA, HI 96743

$198,350
342
SqFt

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List Price
$198,350
Price Change
▼ $51,050 1780095940
Days on Market
217
MLS#
726599
Status
ACTIVE
Type
Commercial
Building
Pomaikai Cottages
Living Area
342
Land Area
11,300
Land Tenure
Fee Simple
Neighborhood
Waimea Homesteads
Subdivision
Waimea Homesteads

Property Description

Pomaikaʻi 5 represents one of the most desirable office locations in Waimea, situated within a short walking distance of Merriman’s, Pau Pizza, and Surf Camp Coffee. Owned by the Seller for 26 years, the property has appreciated at an estimated compound annual rate of approximately 7.5%. Along with the current below-market asking price, Seller is pleased to be passing on this value added history. The commercially zoned 342 square foot office is ideally positioned on a quiet cul-de-sac in the heart of Waimea, offering rare tree-shaded tranquility and privacy seldom found in commercial properties. The discreet, off-road location has contributed to exceptionally low tenant turnover. Pomaikaʻi 5 is a corner unit featuring windows on two sides, providing natural light, serene views and convenient, hassle-free parking. The space has previously been occupied by a well-regarded real estate professional, nonprofit organization, and mental health practitioner. Recent updates include luxury flooring and fresh interior paint. Owner may entertain Seller financing with a considerable down payment and stable buyer/tenant.

Additional Information

Island
Big Island
Utilities
Cable Available, Electricity Available, Phone Available
View
Forest, Garden
Lot Size
11,300
Neighborhood
Waimea Homesteads
Frontage
Other, Road/Street
Year Built
1988
Building Name
Pomaikai Cottages
Sewer
Cesspool
Annual Property Tax
$2,079
Monthly Maint
$275
Parking Features
Unassigned
Unit
5
Stories
2
Zoning
CV-7.5

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Calculator source: Real Geeks

Listing courtesy of COMPASS.

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