Pepeekeo, HI 96783,28-2894 KUMULA ST
Pepeekeo, HI 96783,28-2894 KUMULA ST
Pepeekeo, HI 96783,28-2894 KUMULA ST
Pepeekeo, HI 96783,28-2894 KUMULA ST
Pepeekeo, HI 96783,28-2894 KUMULA ST
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$800,000

$899,000

11.0%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 02/14/2024

Key Details

Sold Price $800,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Kulaimano Heights Subdivision

MLS Listing ID 704467

Sold Date 02/14/24

HOA Y/N No

Originating Board Hawaii Information Service

Annual Tax Amount $6,359

Tax Year 2023

Property Description

Exceptional and rarely available 1.7 acre Highway Frontage commercial development opportunity located conveniently at the gateway to the spectacular and highly desirable Hamakua Coast just eight miles north of Hilo. Fronting the Hawaii Belt Highway and located on the Mauka side of the highway in the center of Pepeekeo, this development primed lot with approximately 550 feet of highway frontage, is passed by an estimated 20,000 tourists and residents each day driving the Belt Road. Zoned CV-10, the property offers a wide range of development potential with 7 allowable water meters. Potential developments include convenience store, restaurants, gas station, multi-family residences, day-care center, assisted living facility, church, bed and breakfasts, and various service or tourism related business. The property boasts convenient street frontage on three sides, including direct access to the well travelled Hawaii Belt Highway. City water, electricity, telephone, and cable are all available. Additionally, the location offers stunning ocean views and is a perfect location for servicing the bustling and growing population of the Hamakua Coast and the famous 'Akaka Falls, which is a short 13 minute drive away and boasts 200,000 annual visitors. This prime, highly visible commercial property is ready for your development in the Hamakua Coast region. Agent must be present for all showings.

Location

State HI

Community Kulaimano Heights Subdivision

Area 75794.0

Zoning CV-10

Region South Hilo

City Region South Hilo

Exterior

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Not Available, Water Available

View Y/N Yes

View HIS Sunrise, Ocean

Topography Gentle Slope,Rolling Terrain

Garage Yes

Building

Lot Description Corner Lot, Grassy

Others

Ownership Full

Acceptable Financing Cash, Conventional, HIS Purchase Money Mortgage

Listing Terms Cash, Conventional, HIS Purchase Money Mortgage

Special Listing Condition Fee Simple, Standard

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Hawaii Information Service (HIS)
Listed by eXp Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(808) 938-1125

taira@hawaiiranchesandhomes.com

PO BOX 614, Kamuela, Hi, 86743, United States

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