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- LoopNet Team
76-5912 Mamalahoa Hwy
Holualoa, HI 96725
Land For Sale
·
0.80 AC
Investment Highlights
- Unlimited potential for development on this .80 acre lot.
- High visibility with street frontage on the town's only main road.
- Panoramic ocean view, on gently sloping property.
- No other land parcel like this is available in this well visited village.
Property Facts
| Property Type | Land | Proposed Use | |
| Property Subtype | Commercial | Total Lot Size | 0.80 AC |
| Zoning | 7C - Commercial: 38 permitted uses ranging from residential to commercial development. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.80 AC |
| Zoning | 7C - Commercial: 38 permitted uses ranging from residential to commercial development. |
Description
Located in the heart of Holualoa Village, in the middle of Kona Coffee country, and a few minutes above downtown Kailua-Kona. This lot and building is on one of Hawaii (Big) Island's most scenic and historic corridors. The .80-acre ocean view lot, with a 705sf commercial building, is zoned for a resort and much more. This is a rare real estate opportunity in West Hawaii with so much potential! Nestled next to the iconic Kona Hotel stands a humble yet historically rich building, originally constructed by Zentaro and Hatsuyo Inaba in 1943. This modest, single-walled, wood-framed structure carries with it the charm and resilience of old Kona. Its versatile space has welcomed various tenants, seamlessly transitioning through diverse uses while preserving its nostalgic character. Today, the Inaba family's legacy continues as the structure houses a serene lomi lomi massage studio. Despite interior modern updates, the building retains its original charm. It could be left as is, or renovated, or even replaced with another type of building. The property is zoned as “Resort,” which means it can accommodate a multitude of uses to include residential and/or commercial use. The true value of this property lies in the land, primarily due to its versatile zoning status, and the availability of county water and power. Sitting approximately 1400 ft. above sea level, it's at a perfect elevation, with plenty of sun and rainfall to grow nearly anything. The uses permitted for this special parcel range from residential to commercially-based activities and structures, totaling 38 permitted uses according to a 11/2021 Summary Parcel Report. It also notes: within the commercially-based activities, uses include bed and breakfast establishments, hotels, lodges, meeting facilities, restaurants, retail establishments, short-term vacation rentals and timeshare units; all of which require a Plan Approval, Building and Grading Permits as well as a Site Drainage Plan. This property has incredible potential for an array of buyers!
