95-1148 NAALEHU SPUR RD NAALEHU HI 96772

Turn Key Income Producing Property on a Commercially Zoned Lot
95-1148 NAALEHU SPUR RD NAALEHU 96772

Incredible opportunity to purchase a fee simple, commercially zoned, income-producing property in the heart of Naalehu, the southernmost town in the US. This turn-key property consists of two amazing food establishments. One is the renowned restaurant Hana Hou, which launched in 1940, offering delicious comfort food and desserts. It has a liquor license and both indoor and outdoor seating. The other is Taco Titas, offering Mexican cuisine. The property also features two charming motel rooms, warehouse, laundry room, and an office. Ample parking space is available on the lot and nearby. Take advantage of the tremendous owner-user potential by continuing to run the existing businesses, which are generating an attractive cash flow with a desirable cap rate. Home to two of the few dining options in Ka’u (the largest district on the Big Island), this is an enticing investment. The sale also includes furniture, a comprehensive list of kitchen appliances, and restaurant recipes. Nearby area attractions include South Point, Green Sand Beach, Punaluu Black Sand Beach, the Kahuku Unit of Volcanoe National Park, and Whittington Beach Park. Located just 59 miles from Kailua- Kona and 63 miles from downtown Hilo.

Courtesy of Corcoran Pacific Properties

Basic Details

MLS Price Address
702113 $2,000,000 95-1148 NAALEHU SPUR RD NAALEHU 96772
Property Type District Subdivision
Commercial Kau KAWALA
Year Built Terms Assessed Value
1031 Exchange,Assumption,Cash,Conventional $385,300
Taxes Monthly Fees Assessed Year
$4,122.72
MLS
702113
Price
$2,000,000
Address
95-1148 NAALEHU SPUR RD NAALEHU 96772
Property Type
Commercial
District
Kau
Subdivision
KAWALA
Year Built
Terms
1031 Exchange,Assumption,Cash,Conventional
Assessed Value
$385,300
Taxes
$4,122.72
Monthly Fees
Assessed Year

Interior

Appliances Features Washer/ Dryer
Half Baths Full Baths Total Baths
3 1 4.03
Bedrooms Floors Total SF
2 3,987
Window Treatments Fireplace
Appliances
Features
Washer/ Dryer
Half Baths
3
Full Baths
1
Total Baths
4.03
Bedrooms
2
Floors
Total SF
3,987
Window Treatments
Fireplace

Exterior

Design View Lot Description
Garage SF Fencing Lot Area
13,297
Tenure Lava Zone Exterior Area
Fee Simple 6
Zoning Oceanfront Pool
CV-7.5 N N
Roads Schools
County
Design
View
Lot Description
Garage SF
Fencing
Lot Area
13,297
Tenure
Fee Simple
Lava Zone
6
Exterior Area
Zoning
CV-7.5
Oceanfront
N
Pool
N
Roads
County
Schools

Utilities

Heating/Cooling Phone Power
Gas,Overhead,Solar/Photovoltaic
Sewer Solid Waste Disposal TV Access
Septic Private Contractor
Water
County
Heating/Cooling
Phone
Power
Gas,Overhead,Solar/Photovoltaic
Sewer
Septic
Solid Waste Disposal
Private Contractor
TV Access
Water

Building/Community Information

Building Name No. of Units Parking
Security Unit Description
Building Name
No. of Units
Parking
Security
Unit Description

Location

Last Updated: May 29, 2023 @ 15:20

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