95-1148 Naalehu Spur RD. - Restaurant FOR SALE


Naalehu, HI 96772
$2,000,000 USD
917-749-8651
95-1148 Naalehu Spur RD., Naalehu, HI for Sale
$2,000,000 USD
Restaurant - FOR SALE
1/30
null | Request Cap Rate

95-1148 Naalehu Spur RD.
Naalehu, HI 96772


HIGHLIGHTS

  • Attractive Cash Flow
  • Desireable Cap Rate
  • Impeccable Location
  • Additional 4,959 SF Parking Space
  • Seller Financing Available

OVERVIEW

ALSO INCLUDED WITH THIS SALE IS TMK# 3-9-5-21-32, a vacant land (4,959SF) for ADDITIONAL PARKING. SELLER FINANCING available. Incredible opportunity to purchase a fee simple, commercially zoned, income-producing property in the heart of Naalehu, the southernmost town in the US. This turn-key property consists of two amazing food establishments. One is the renowned restaurant Hana Hou, which launched in 1940, offering delicious comfort food and desserts. It has a liquor license and both indoor and outdoor seating. The other is Taco Titas, offering Mexican cuisine. The property also features two charming motel rooms, warehouse, laundry room, and an office. Ample parking space is available on the lot and nearby. Also included in this sale is TMK # 3-9-5-21-32, a vacant land that is approximately 4,959SF, located across the Street. This enticing offer provides additional PARKING space, bringing more business to the property. Take advantage of the tremendous owner-user potential by continuing to run the existing businesses, which are generating an attractive cash flow with a desirable cap rate. Home to two of the few dining options in Ka’u (the largest district on the Big Island), this is an enticing investment. The sale also includes furniture, a comprehensive list of kitchen appliances, and restaurant recipes. Nearby area attractions include South Point, Green Sand Beach, Punaluu Black Sand Beach, the Kahuku Unit of Volcanoe National Park, and Whittington Beach Park. Located just 59 miles from Kailua- Kona and 63 miles from downtown Hilo.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$502 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Incredible lncome Producing Property

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

CV-7.5

APN/PARCEL ID

3-9-5-021-005-0000

ASK ABOUT THIS PROPERTY

Makoto KiCorcoran Pacific PropertiesMore Info
917-749-8651

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Makoto KiCorcoran Pacific PropertiesMore Info
917-749-8651

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.