75-5663 Palani Rd | Kailua Kona, HI 96740
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75-5663 Palani Rd
Kailua Kona, HI 96740
Kona Seaside Shops · Retail Property For Sale
Investment Highlights
- Fee Simple opportunity with near-term reversion of retail improvements in 2022
- Unique opportunity to repositioning the retail improvements upon their reversion to the fee owner
- High foot traffic and visibility
- Large lot size, resort zoning, and immediate proximity to the ocean providing an excellent redevelopment opportunity
- Extraordinary location just off of Alii Drive, the main thoroughfare for tourists in West Hawaii
- Stable cash flow with significant potential to increase income
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,560 SF
Building Class
C
Year Built
1971
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.77 AC
Zoning
V-75 (Resort-Hotel Distri - Resort-Hotel District
Parking
19 Spaces (2.1 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 3-7-5-006-017-0000 | Improvements Assessment | $1,010,200 |
| Land Assessment | $1,177,500 | Total Assessment | $2,187,700 |
Property Taxes
Parcel Number
3-7-5-006-017-0000
Land Assessment
$1,177,500
Improvements Assessment
$1,010,200
Total Assessment
$2,187,700
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