Apr 04, 2022
Jan 05, 2023
Listing RemarksThis is your chance to buy a well maintained commercial building located in the heart of Pahoa Village with two fully self contained units.
The building currently has a non-alcoholic Awa (kava kava) Bar with a large lanai and bathroom located on the first floor. The La Hiki Ola Kava bar has a one year lease that ends on April 1, 2023. Painted throughout with murals and other artwork, it’s been a mainstay of the local community for years.
The second floor contains a large fully self contained residential apartment with kitchen and bathroom and lanai.
The second floor is newly remodeled and repainted, with bamboo floors in the main space, and slate floors on the bathroom and lanai.
The new kitchen area has poured concrete countertops and new appliances (stove, dishwasher, refrigerator). There is lanai out front and a stairwell in the back that leads down to the first floor.
There is a small garden area in the back with lilliquoi and avocado plants. From the rear lanai and on the roof, there is a distant view of Mauna Kea and Mauna Loa volcanoes.
This building is located in the heart of Pahoa town and this area remains largely unchanged with Hawaiian western style architecture and rustic wooden boardwalk areas. Across the street from the units are three highly-rated restaurants including Thai, Seafood and Italian, and a new Kombucha brewery opening soon across the street. The downtown is hopping with activity, but the noise ends by 9pm every night.
This sale includes the building and land only, not the business on the first floor. The owner of the business is collaborative and also owns the new Kombucha-Jun brewery.
Sale subject to existing lease on the first floor which is currently through April 1, 2023.
** Cooperating Broker Compensation: The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
|Address:||15-2950 Pahoa Village Rd , Pahoa 96778|
|Lat/Long:||19.49376113 | -154.94511702|
|Property Type:||Commercial Property|
|Assessed Land Value:||$15,500|
|Assessed Improvements Value:||$200,600|
|Annual Tax (Year):||2015|
|Garage Area:||0 sqft|