Property Listing No Longer Available for Sale

28-2831 Hawaii Belt Rd, Pepeekeo, HI

Others for Sale - $3,800,000


Property Info

CIMLS#1031940
Location
  28-2831 Hawaii Belt Rd
  Pepeekeo HI 96783
UpdatedNovember 20th, 2018
TypeOthers
Price$3,800,000

Property Description

TRAFFIC, TRAFFIC, TRAFFIC!! The most strategic location with great cash-flow mixed use commercial property is being offered in the major traffic artery in Pepeekeo - 12 miles from Hilo. 2 free-standing buildings are totally gutted-out and re-done inside-out. Main house (2500 sf approx) offers 3 beds up, 3 beds down with huge deck (144 sf) & separate living/kitchen/entries. The 2nd structure (900 sf approx) is the convenience store which generates $$$$$ net income (~ approx. 10.5 CAP rate!) supporting multiple neighborhoods' daily essential needs from food, grocery, beverages, liquor. This is a one of a lifetime opportunity to own this iconic location where all locals and tourists' stop-over spot to replenish and get-going. HOT & RARE!! DON'T MISS THIS!


Financials