3 Beds
3 Baths
2,862 SqFt
3 Beds
3 Baths
2,862 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family,Office,Retail
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,862 sqft
Price per Sqft $559
MLS Listing ID 725117
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 2005
Annual Tax Amount $12,972
Tax Year 2025
Lot Size 0.264 Acres
Property Sub-Type Multi Family,Office,Retail
Source Hawaii Information Service
Land Area 11482
Property Description
Prime Commercial (CV10) Zoned Property just ½ Block above Ali‘i Drive. Ideal for residential, business, or mixed-use development (2,862 sq. ft. of total interior space).
Discover one of Kona's most versatile and profitable investment properties! This centrally located free-standing building in Kailua-Kona Village offers both residential comfort and commercial potential; just steps from beaches, restaurants, shops, resorts and more!
Income & Opportunity:
- Proven high-income vacation rental: averaging $120,000 annually
- Active and transferable STVR license
- Commercial zoning allows flexible use: additional residential units, medical or business offices, or creative studio spaces
Upper-Level Residence:
- 1,538 sq. ft. of living space with central AC system as well as ceiling fans throughout
- Spacious 3 bedrooms / 2 bathrooms
- Expansive 462 sq. ft. covered lanai (porch) with stunning ocean and sunset views.
- Bright living room with lots of natural light and more stunning sea/horizon views
- Full kitchen, tiled dining area, and laundry room
Lower-Level Space:
- 1,324 sq. ft. of finished interior space
- 3 large garage/studio bays with bathroom and laundry room
- Additional expansive 480 sq. ft. private lanai (covered porch) with tropical garden views
- Separate entrances, perfect for conversion into additional residential units, studios, or offices
- Parking: 7 paved open spaces and driveway for easy access
- Electric: Two separate 200-amp meters (upstairs & downstairs) for all your commercial/residential needs
Live, work, and earn, all in one of Kona's most desirable and walkable locations...
This property truly represents one of the best investment opportunities in Kailua Village today!
Location
State HI
County Hawaii Island (big Island)
Area Hi
Zoning CV-10
Region North Kona
City Region North Kona
Interior
Interior Features High Ceilings, Office, Overhead Door
Hot Water Electric
Cooling Central Air, HIS Air Conditioning, Wall/Window Unit(s)
Flooring Carpet, Ceramic Tile
Window Features Blinds,Drapes
Appliance Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer, Washer/Dryer Stacked
Exterior
Exterior Feature Lightning
Parking Features Attached, Covered, Detached
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
View Y/N Yes
Water Access Desc Public
View Bay, City, HIS Sunset, Mountain(s), Ocean
Topography Fairly Level
Garage No
Private Pool No
Land Tenure Fee Simple
Waterfront YN No
Building
Lot Description Landscaped, See Remarks
Story 2
Unit Features Single Family Home
Entry Level Two
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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