John R. Dodds
(808) 937-6465
Kona Investment Properties LLC

81-937 Halekii St
Not Available
(ACTIVE) 651556
Interior Area:
Not Available
Year Built:
Not Available
Lot Size:
0.58 acre(s)
Land Tenure:
Fee Simple
Property Type:
Commercial Property
On Market:
Oct 07, 2022
Mar 18, 2023

Listing Remarks

Rare opportunity for owner/user or investor. Commercial property located just above Kona in peaceful Kealakekua. The property enjoys ocean views and is in a nice neighborhood with sidewalks to walk your dog or walk to lunch at multiple locations within a few minutes.
Property consists of 2 separate buildings:
Building 1:
Well-built single story office building, built in 1990, consisting of 5 units totaling approximately 3,000 sqft with 5 half baths, 1 shower, A/C units, 10 parking spaces plus 1 ADA space. Building was built on cement foundation, Hardi board type siding and corrugated roof and recently painted exterior , 2021. Building is fully leased.
Building 2:
Apartment building built in 2005 with 2 separate 476sf 1bd/1ba apartments, a 392sf storage area between them with unpermitted half bath for a total of approx. 1,344 sqft and 12 parking spaces. Building has a cement foundation, T&G siding with a metal roof and is newly painted and updated. Left vacant for owner/user.
All units in both buildings have separate electric meters. There is currently 1 shared water meter.
Added Value:
Hawaii County Dept. of Water Supply indicates 5 units with a commitment for 3,000 gallons per day runs with this property. The property currently utilizes 2 units. With the availability of the additional 3 water units, CV-7.5 zoning and the subject’s 25,225 sqft lot size the highest and best use may be unrealized. Zoning allows residential and business uses.
Kealakekua is Cooler than Kona!
Kealakekua is in the Kona Coffee Belt just 15 minutes south above Kailua-Kona with cooler temperatures, fertile soil, and beautiful ocean sunsets. Kealakekua is home to Kealakekua Bay, Hokulia Resort, Kona Hospital, restaurants, banks, post office and many small but quaint businesses.
The property is just off Mamalahoa Hwy. in a peaceful location but still central to all the activity.
Showing by appointment.

Property Location

Public Reports

Other Details

Address: 81-937 Halekii St , Kealakekua Village 96750
Lat/Long: 19.51830526 | -155.92381546
Taxkey: 3810030680000
Lot Number: C-2-B-3-A
Property Type: Commercial Property
Full Baths:
Three Quarter Baths:
Half Baths:
Quarter Baths:
Land Area:
Oceanfront Parcel: N
Pool: N
Annual Tax: $10,129
Assessed Value: $946,600
Assessment Year: 2022
Zoning: CV-7.5
Assessed Land Value: $243,000
Assessed Improvements Value: $343,000
Annual Tax (Year): 2015
Garage Area: 0 sqft
  • Chain Link
  • Rock/Stone
  • Curbs/Gutters
  • County
  • Paved
TV Availability:
  • Cable
  • Cesspool
The View:
  • Ocean
CSB** : 2.5
** Cooperating Broker Compensation: The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.