$2,500,000
Active


  • MLS# 630570
  • South Hilo
  • Hakalau Estates S/D
  • Commercial, Land


NOTE: Seller is in process of consolidating this lot with the contiguous oceanfront lot MLS 630571-LOT 1A. County records indicate this subject property is 5.12 ac. however when consolidation is completed, this lot will be 3.052 acres and MLS 630571-LOT 1A will be 5.30 acres. Both warehouses are on this subject property and may possibly be further divided into 2 lots in the future so that each building sits on a separate lot. SEE ATTACHED MAP OF THE CONSOLIDATION OF LOTS 1A AND 2C. BUYER AND BUYERS AGENT TO DO THEIR OWN DUE DILIGENCE IN THESE MATTERS. If you have vision or a use for these 2 solid concrete 1920’s historic buildings located on 3 (near) oceanfront ac. w/county water and HELCO, you may also have a shared vision w/the current owner to create a center for value added agricultural and cultural components at Hakalau Point. Looking forward this location will hopefully become a gathering place for farmers, small business owners, residents and visitors. Perhaps a Brew house, Sake house, Hula Halau headquarters and other cultural activities, weddings, Island coffee and tea, language classes and summer camps, just as a few examples for potential uses. Historic Hakalau Village, a once bustling plantation town that hosted a theater, medical clinic, post office, stores, cafe, etc. Today all that remains is a US Post Office and of course many lovely residences. The Sellers vision is in alignment w/the community's vision as outlined in the Hamakua Community Development Plan DRAFT (2016), which includes a move to :PROMOTE, PRESERVE AND ENHANCE A DIVERSE, SUSTAINABLE, LOCAL ECONOMY. The property is zoned Industrial MG-5a; consult County of Hawaii allowed uses for this zoning as it is very broad. Seller has created a sketch of his vision however this is only one idea of a possible future scenario; you will undoubtedly have your own but his is very attractive and doable. WAREHOUSE A NEAR OCEANFRONT - 5,600 sqft. 42 Solar Panels.; WAREHOUSE B OCEANFRONT-4,880 sqft.

Presented By
Clark Realty's Photo 720-441-2502

Days On Market
118
Price Per Square Foot
$833,333
Assessed Value
$441,500
Annual Property Tax
$4,541
Tenure
Fee Simple
Tax Key (TMK)
Mountain View
Yes
Ocean View
Yes
Oceanfront
Yes

Interior

Flooring
Concrete
Appliances
None
Gross Living Area
10480

Exterior

Zoning
MG-5A
Parking
Other (remarks)
Road Description
County
Major Thoroughfare
Paved
Other (remarks)
Frontage
Almost Oceanfront
Highway/Freeway
Pasture
Road/Str
Security Des.
Gated Community
Other (remarks)
Lot Description
Corner
Clear
Grassy
Other (remarks)
View
Bay
Canyon
Coastline
Mountain
Ocean
Ocean Horizon
Pasture
River
Other (remarks)
Sunrise
Topography
Fairly Level
Gentle Slope
Level
Other (remarks)
Flood Zone Click to view tooltip
X

Building Features

Year Built
1920
Current Use
Industrial
Manufacturing
Other (remarks)
Warehouse

Utilities

Power
Gas
Overhead
Solar/Photovoltaic
Other (remarks)
Water
Catchment
County
Municipal
Meter Installed
Other (remarks)
Wastewater
Cesspool
Other (remarks)
Telephone
Cell
Land Line
Satellite
TV
Other (remarks)
Satellite
Internet
DSL
Satellite

Select a Point of Interest and Radius from the form above.

South Hilo

Hilo town, the hub of the South and North Hilo districts, was once a thriving port for the sugar cane industry. Today it is the Hawaii County Seat and home of the island's major state and federal offices, a modern international airport, Hilo Medical Center, the University of Hawaii-Hilo, and state-of-the-art Imiloa Astronomy Center.

Although Hilo is not an incorporated city, it is the second-largest population center in the state with over 40,000 residents according to the 2000 census. Hilo also has an array of commerce and entertainment offerings--boutiques and galleries, big box stores, restaurants, museums, and several hotels.

The historic Bayfront area, though impacted by major tsunamis in 1946 and 1960, is still a center of economic and cultural activity, including a weekly farmers market, Palace Theatre events and the annual Black & White Night, Merrie Monarch, and Ho'olaule'a festivals.

Embracing the town's reputation as "the rainiest city in America", Hilo residents have a certain pride about East Hawaii's weather and enjoy a different flavor of Hawaii life than their neighbors on the dry west side. The Big Island’s famed greenery, tropical fruits and flowers, trees, ferns, forests, and farms all require reliable rainfall to thrive. Water is so important to life in Hawaii that waiwai (the word for "water", doubled) translates as "assets, valuable, wealth, rich, worth and benefit."

As is true for much of the Big Island, Hilo real estate is a mixed market, with upscale custom homes and fixer-upper "opportunity" properties, condos, vacation residences, private estates and oceanfront property. A knowledgeable Clark Realty agent can guide you to the best Hilo property for your needs.


Please Note: This calculator is designed for research and comparison purposes only. For pre-qualification and a rate quote from a qualified local lender, please contact us and we will connect you with a lender.

Interest rate, taxes, insurance, PMI payments, etc., displayed above are estimates only and are subject to change based on market conditions and individual financial circumstances. Clark Realty is not a lender and does not guarantee that the rate and terms displayed above can be obtained.


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Listed By Elite Pacific Properties Llc

© MLS Hawaii, Inc., All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed.


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