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79-7511 HAWAII BELT RD Kealakekua, HI 96750
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Key Details
Sold Price $1,700,000
Property Type Commercial
Sub Type HIS Food Service
Listing Status Sold
Purchase Type For Sale
Square Footage 4,384 sqft
Price per Sqft $387
Subdivision Honuaino 4Th - Kanaueue 1St & 2Nd
MLS Listing ID 702962
Sold Date 04/04/24
Bedrooms 4
Full Baths 2
Half Baths 3
HOA Y/N No
Year Built 2002
Annual Tax Amount $9,493
Tax Year 2022
Property Sub-Type HIS Food Service
Source Hawaii Information Service
Land Area 15000
Property Description
NOW Accepting Backup offers!
Rarely available, free-standing Commercial building in beautiful Kealakekua. CN zoning allows for a myriad of legal uses for this property. Keei Cafe encompasses the majority of the 4,384 sqft where they pride themselves on farm-to-table local cuisine and have earned hundreds of 5-star reviews online. The dining portion of the restaurant features an open-concept design with a designated spot for nightly live music and a large meeting room, commonly booked for business meetings. Keei Cafe has built a solid reputation for sunset dining and sensational local food. On the top floor, there is a studio apartment with a nice ocean view and lanai, approximately 400 sqft. The lower level features an approximate 500 sqft Salon and an approximate 550 sqft 3 bedroom, 1 bath apartment. All tenants are on a month-to-month lease except the salon. There are 3 electrical meters and a 500-gallon propane tank. The building is on septic with a large grease trap. Plenty of parking surrounds the building and the fronting of Hawaii Belt Road is a major artery for daily north & south traffic.
Restaurant and real estate are being sold together.
See the attached permitted use table.
Kealakekua is only a 15-minute drive south of Kona and enjoys cooler temperatures at 1,500-foot elevation
Location
State HI
Community Honuaino 4Th - Kanaueue 1St & 2Nd
Area Hi
Zoning CN-10
Region North Kona
City Region North Kona
Interior
Hot Water Gas, Solar
Heating Zoned
Cooling Zoned
Appliance Dishwasher, Disposal, Dryer, Freezer, Gas Cooktop, HIS Microwave Hood, Indoor Grill, Microwave, Other, Oven, Range, Range Hood, Refrigerator, Washer, Wine Cooler
Exterior
Utilities Available Electricity Available, Natural Gas Available
View Y/N Yes
View Forest, Garden, HIS Coastline, HIS Sunset, Mountain(s), Ocean, Ocean Horizon
Topography Gentle Slope
Garage Yes
Private Pool No
Building
Lot Description Cleared
Sewer Septic Tank
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Contract, Conventional, HIS ARM, HIS Other, HIS Purchase Money Mortgage
Listing Terms 1031 Exchange, Cash, Contract, Conventional, HIS ARM, HIS Other, HIS Purchase Money Mortgage
Special Listing Condition Fee Simple, Standard
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Penn Henderson
HAWAII REALTOR® | License ID: RS-83962
HAWAII REALTOR® License ID: RS-83962