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74-5520 Kaiwi St 14,762 SF 100% Leased Industrial Building Kailua Kona, HI 96740 $3,000,000 ($203.22/SF)
INVESTMENT HIGHLIGHTS
- Fee Simple
- Central Kona Location
- Potential Upside with Current Rents Under Market
- Building plus Yard Area
- Current tenant has lease until 4/30/27
EXECUTIVE SUMMARY
This Fee Simple office/warehouse/yard area property is located on the corner of Kaiwi Street and Ma`a Way in Kona’s Old Industrial Park. Quick access to Loloku Street.
Great find for an investor with current lease rents under market. Also perfect for an owner-user; current lease provides in-place income during the design and permit process to make the building your own.
Great find for an investor with current lease rents under market. Also perfect for an owner-user; current lease provides in-place income during the design and permit process to make the building your own.
PROPERTY FACTS
| Price | $3,000,000 | Rentable Building Area | 14,762 SF |
| Price Per SF | $203.22 | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1973 |
| Property Type | Industrial | Parking Ratio | 0.95/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.70 AC | ||
| Zoning | MG-1a - General Industrial District (minimum land area of 1 acre, required for each building site) | ||
| Price | $3,000,000 |
| Price Per SF | $203.22 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.70 AC |
| Rentable Building Area | 14,762 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 0.95/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | MG-1a - General Industrial District (minimum land area of 1 acre, required for each building site) |
AMENITIES
- Signage
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,346,300 | |
| Land Assessment | $1,809,700 | Total Assessment | $3,156,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,809,700
Improvements Assessment
$1,346,300
Total Assessment
$3,156,000
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74-5520 Kaiwi St
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