Nate Gaddis
nate@waipacific.com
(808) 747-4742
COMPASS

605 Kalanikoa St
$950,000
Price:
$950,000
Bedrooms:
3
Bathrooms:
1
MLS:
(CONTINGENT) 708429
Interior Area:
1,456 sqft
Price/sqft:
$652
Year Built:
1953
Lot Size:
0.51 acre(s)
Land Tenure:
Fee Simple
Property Type:
Commercial Property
On Market:
Apr 11, 2024
Updated:
May 24, 2024
Foreclosure:

Listing Remarks

Located on a bustling street corner just a few hundred feet from the entrance to Hilo International Airport, this expansive property benefits from high visibility, significant traffic flow, and an extensive list of potential uses.

Property Highlights:

• Prime Location: A stellar corner plot with broad frontage along Kekuanoa Street, which offers direct access to Hilo International Airport. This bustling roadway also serves as the main connection route between the airport and large swaths of Hilo's university, government, and residential districts. Nearby Highway 11 is one of the island's most heavily trafficked roadways, connecting directly to Hawaii Volcanoes National Park.

• MCX-20 zoning opportunity: this category allows for dozens of potential uses including retail, food service, office, medical, and industrial uses.

• Large lot size: with over half an acre of land, the property provides ample parking for a variety of development opportunities.

• Multiple existing buildings: recently repainted, the existing structures on the property provide opportunities for future use.

• Established Area: Located amidst high-traffic commercial businesses, including a neighboring gas station.

• Superior Infrastructure: Critical utilities are available here including electricity, water, and sewer connectivity.

*Property is conditionally approved for MCX-20 zoning - please see attached land use summary and disclosure documentation in MLS (also available by request). An independent appraisal report is also available for qualified buyers, after receipt of a singed non-disclosure agreement. Buyers and their agents to perform their own due diligence.

Showings are by appointment only.

Property Location



Public Reports

Other Details

Address: 605 Kalanikoa St , Waiakea House Lots 1st Series 96720
Lat/Long: 19.71195668 | -155.06547646
Taxkey: 3220350960000
Lot Number: B
Property Type: Commercial Property
Bedrooms: 3
Full Baths: 1
Living Area: 1,456 sqft
Land Area:
Oceanfront Parcel: N
Pool: N
Annual Tax: $4,875
Assessed Value: $478,600
Assessment Year: 2024
Zoning: RS-10
Assessed Land Value: $55,500
Assessed Improvements Value: $79,800
Annual Tax (Year): 2015
Garage Area: 0 sqft
Carport Area: 0 sqft
Fencing:
  • Chain Link
Lot Description:
  • Clear
  • Corner
Roads:
  • Paved
  • County
Topography:
  • Fairly Level
TV Availability:
  • Cable
Sewage:
  • Sewer-Connected