84-4830 Hawaii Belt Rd 96704
$350,000
Price:
$350,000
Bedrooms:
0
Bathrooms:
0.01
MLS:
(ACTIVE) 631920
Interior Area:
992 sqft
Price/sqft:
$353
Year Built:
1951
Lot Size:
6.16 acre(s)
Land Tenure:
Leasehold
Property Type:
Business Property
On Market:
Sep 03, 2019
Updated:
Oct 17, 2019
Listing Remarks
Kona Coffeehouse/Cafe and farm are located in a very picturesque and lush area noted for the production of high quality coffee, macadamia and a wide range of tropical fruit. Ideally positioned at an elevation of approximately 1,000' at the junction of Hawaii Belt Road, (the only road that serves the South end of the island and continues on through Volcano and Hilo) and Keala O Keawe (Place of Refuge Road), the Kona Coffeehouse & Cafe is perfectly positioned to take advantage of a consistent year round traffic flow and very little local commercial competition.The restaurant building received final approval from the County of Hawaii in June 2010 after being built on the site previously occupied by a landmark general store.
Notable features of the restaurant and surrounds include:
* The interior area of the restaurant is 992 sq ft while there is a covered exterior sitting area of 432 sq ft.
* Fully permitted commercial kitchen.
* Septic system.
* A leased 55 panel photovoltaic system.
* Solar hot water system.
* Engineered and county approved parking area complete with dry wells and impressive rock retaining wall.
This is a Kamehameha Schools/Bishop Estate (KSBE) leasehold property that totals 6.2 acres in area. The farm area is comprised of approximately 3 acres of mature and productive macadamia trees while the remainder is coffee and assorted fruit trees.
The current annual KSBE lease payments are:-
Restaurant——$8,400
Farm————— $ 859.50
Total————— $9,259.50+ GET
This offering provides a very rare opportunity for a motivated individual or family. Seller will consider offering short term Seller Financing with a substantial down payment.
Property Location
Public Reports
Other Details
Address: | 84-4830 Hawaii Belt Rd , Tobacco Road 96704 |
Lat/Long: | 19.41690206 | -155.87913562 |
Taxkey: | 3840150100000 |
Lot Number: | 20 |
Property Type: | Business Property |
Half Baths: | 1 |
Living Area: | 992 sqft |
Land Area: | |
Oceanfront Parcel: | N |
Pool: | N |
Annual Tax: | $2,691 |
Assessed Value: | $257,000 |
Assessment Year: | 2017 |
Zoning: | A-5A |
Assessed Land Value: | $53,900 |
Assessed Improvements Value: | $20,200 |
Annual Tax (Year): | 2015 |
Garage Area: | 0 sqft |
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