About 75-5722 Hanama Pl
Kona Center is a standout, one-of-a-kind property located in the heart of Kona Village. Consisting of approximately 1.45 acres of fee simple, V.-75 resort zoned land with an approximately 17,000 square foot concrete and steel frame building, this property will not disappoint.
As of this writing, there is nothing advertised for sale in Hawaii that has the potential upside Kona Center has with a minimum investment. Massive future potential earning upside as well as location, location, location are what justify the listing price.
While Kona Center currently has an excellent existing income, this is only the tip of the iceberg regarding its money generating potential. With a minimum investment, the current base rental income has the potential to double. With maximum investment, the sky’s the limit! Because Kona Center is located in the highest density resort zoning possible, unique money-making opportunities are available to position the property to generate maximum profits.
STVR conversions on some or eventually all the units are just one idea to possibly double Kona Center’s current income.
More aggressive moneymaking options requiring larger capital investments could include maximizing the build out potential of up to an 85-room hotel or smaller boutique hotel, according to Kona Center’s current highest density resort zoning.
Kona Center could be a great long-term hold for institutional investors due to her large upside potential.
If you are looking for a trophy property with tons of upside potential only limited by your pocketbook, then Kona Center is the property for you! I’d be happy to explain all the tremendous opportunities this property has to offer!
Open to selling this property in leasehold for a period of 20 years.
Owner has an active real estate license in the State of Hawaii.
Features of 75-5722 Hanama Pl
| MLS® # | 713454 |
|---|---|
| Price | $11,000,000 |
| Bathrooms | 5.00 |
| Half Baths | 5 |
| Square Footage | 17,000 |
| Acres | 1.45 |
| Year Built | 1978 |
| Type | Commercial Sale |
| Sub-Type | Food Service,Hotel/Motel,Office,Retail |
| Status | Active |
Community Information
| Address | 75-5722 Hanama Pl |
|---|---|
| Subdivision | HONUAULA 1ST - KEOPU 2ND |
| City | Kailua-Kona |
| State | HI |
| Zip Code | 96740 |
Amenities
| Parking | Assigned, Unassigned |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Floor Drain, Public Restroom |
|---|---|
| Heating | None |
| Cooling | Air Conditioning, None |
Exterior
| Exterior Features | Lighting |
|---|---|
| Lot Description | Corner Lot, Landscaped |
Additional Information
| Date Listed | August 23rd, 2024 |
|---|---|
| Days on Market | 263 |
| Zoning | V-.75 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Go Commercial, LLC |
|---|