Commercial, Double Wall,Wood Frame - PAHOA, HI
Great Business Opportunity for Investor or Business Owner! These two commercial buildings occupy a prime location in the center of Pahoa, across the street from the two banks, with Island Naturals as a neighbor. . Both share a private parking lot with 7 parking stalls and one loading zone. There is a sizable covered courtyard between the two buildings with concrete slab, as well as an additional covered and locked courtyard behind the purple building. Both courtyards are accessible from the parking lot.. All the commercial spaces are leased and provide an excellent income. The ground floor of the building located at 15-2901 (the yellow building) is leased to Pahoa's newest and only Art Gallery (1,172') and was completely updated with new paint and carpet in February 2018. It has a private bathroom. The second floor is currently used as a 3-bedroom 2 bath apartment (870') with full kitchen, occupied by the sellers. This space, consisting of two separate suites, has been leased in the past for office use. Renovations to this building were completed in March 2018, and the roof was replaced in 2008. The ground floor of 15-2903 (the purple building) is leased to Pahoa Used Books and Movies (1,432') and also has a private bathroom. The second floor of the building is leased by an Bamboo Living (643') and is divided into 3 suites. There is one bathroom for the 3 suites to share. This building was completely renovated in 2003, with a new roof in 2006, and repainted in 2018.
Listing office has copies of the currently leases that will be available to view by a qualified buyer. Please print out the attachment to the listing for more property history and additional information.
Actual square footage of the buildings does not agree with county records. Buildings are to be sold “as is”. Great cash flow.
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