79-7460 Mamalahoa Hwy
Kealakekua, HI 96750
Mango Court · Retail Property For Sale

Newmark Knight Frank and RealINSIGHT Marketplace are proud to offer The Hub of Kona Coffee Country, Mango Court. Broker Co-Op Available This rare Fee Simple property is located on Mamalahoa Highway, just outside of Kailua-Kona and within the Hawaii Coffee Belt area. The ±17,000 SF property consists of four (4) retail units, six (6) office units leased to a diverse tenant mix including Annie’s, a popular restaurant featured on Travel channel as Hawaii’s best burgers in 2019. In late 2019, a new awning was added to the building and the parking lot was freshly striped. In addition, there are 11 high-demand residential apartments, most currently on month-to-month leases, representing a significant opportunity to raise rents and increase NOI. The property is 97.5% leased with strong in-place cash flow. Mango Court is extremely well-located, as residents and visitors drive past the property several times on their way to tourist attractions on the West side of the island, including Kealakekua Bay, the Captain Cook monument, the City of Refuge or “Ka Lae”, the southernmost point in the United States. The Property is just 17 miles from the Kona International Airport, 10 miles from King Kamehameha Marriott Hotel, and 0.5 from the Aloha Theater.