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469 E Lanikaula St - 469 E. Lanikaula St 1,140 SF Specialty Building Offered at $800,000 in Hilo, HI 96720
Investment Highlights
- Parcel is in a transition area where previous use has been residential and general plan designation is industrial expnasion.
- The change of use by the adjacent properties reflects the transition of the area.
Executive Summary
Property is located in the path of growth from residential to transitional office, retail warehouse use. While still zoned residential the surrounding properties have transitioned to office-warehouse use over the recent years. The fronting street of Lanikaula has infrastructure (sewer and water) that supports this transitional use.
Property Facts
| Price | $800,000 | Lot Size | 0.54 AC |
| Price Per SF | $701.75 | Building Size | 1,140 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1931 |
| Property Subtype | Residential Income | Parking Ratio | 3.51/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | RS-10 - Residential 10,000 sq. ft. : NOTE that adjacent and surrounding properties are utilized for industrial and commercial office use. | ||
| Price | $800,000 |
| Price Per SF | $701.75 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 1,140 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Parking Ratio | 3.51/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RS-10 - Residential 10,000 sq. ft. : NOTE that adjacent and surrounding properties are utilized for industrial and commercial office use. |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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469 E Lanikaula St - 469 E. Lanikaula St
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