$2,000,000
Active


  • MLS# 621646
  • Kau
  • Waiohinu Town Lots
  • Commercial, Land, Multi-Family, Residential
  • 10.33 Acres


Former Shirakawa Hotel/Motel and Ka'u Ice House and Fishing Supply
Nearly 6 acres of commercially zoned property.

This is a Very Unique Offering which includes an almost 100 yr. old hotel, motel and a grand, large home in an area where there isn’t another hotel for at least a 40 minute drive in either direction.

HOME: Built in 1997, the 3599 sqft home is 6BR/4BA and features a wheelchair ramp access, huge 630 sqft studio, originally constructed as a Hula Halau and a separate storage outbuilding.

HOTEL: Built in the 20’s and showing in the County/Tax records as being built in 1938, the hotel is 8BR/1.5BA upstairs and 4BR/2BA downstairs

MOTEL: Constructed in 1963 & 1971 to accommodate more guests, as this was the only place to stay between Captain Cook and Volcano, it is 4BR/4BA and 8BR/8BA.

RETAIL: Built in 1981 and in business as The Ka’u Ice House and Fishing Supply Store for many years. This commercially zoned retail building features a walk-in freezer room and is in a prime location, with highway frontage and plenty parking.

WAREHOUSE: 2400 sqft steel construction built in 1989

FARMING OR PASTURE: 3 vacant contiguous parcels comprising 4.5 acres with rich soil and separate water meter. Previously farmed in coffee and macadamia, it is currently a fairly blank slate. There are many mature avocado trees of different varieties offering avos year-round, many stands of bananas including Ice Cream, Williams and Apple. Other fruit trees include breadfruit, orange, tangerine and lychee. The land and location is also ideal for a horse-based business.

This is A GOLDEN business opportunity for a savvy investor in this sweet and sleepy town with over 10 acres (4 separate parcels); a hotel, a motel, a home, multiple storage buildings, commercial zoning and vacant land.

Needs TLC, but, Hey! This is The Deal of a lifetime for the right Buyer
Status
Active
Land Area
10.33 ACRES
Tenure
Fee Simple
Mountain View
Yes
Ocean View
Yes
Days On Market
334
Assessed Value
$1,017,500
Annual Property Tax
$11,097
Tax Key (TMK)
Previous List Price
$2,250,000
Price Per Square Foot
$4

Exterior

Zoning
CV-20
Parking
Unassigned
Lot Description
Grassy
Inside
Rocky
Topography
Fairly Level
Frontage
Highway/Freeway
Road/Street

Utilities

Power
Gas
Overhead
Water
County
Wastewater
Cesspool
Telephone
Cell
Land Line
Solid Waste Disposal
Other (remarks)

Select a Point of Interest and Radius from the form above.

Kau

When the first Hawaiians migrated north, South Point at the foot of Mauna Loa is likely the first land they saw from their double-hulled voyaging canoes. The Ka'u coastline is truly a majestic sight.

The Ka'u district, which is the southernmost area of the Big Island and the southernmost tip of the U.S, is still a real estate frontier. This is largest district in the State, but the least populated. At its northern boundary lies Hawaii Volcanoes National Park, undeniably volcano goddess Pele’s domain. Dominating the landscape along the coast are black sand beaches and mile after mile of stark lava landscape where forests of ohi'a and a variety of small farms and orchards are flourishing.

Home to several large rural subdivisions created by real estate developers in the mid-1900s as well as historic and culturally significant small villages, Ka'u embraces a very diverse population, many of whom are committed to "keeping country country." Recent proposed resort developments have met with strong community resistance, giving rise to active community groups dedicated to preserving the legacy of ancestral places and the old Hawaiian ways.

Located deep in the hills of Ka'u is Wood Valley, where in 1980 His Holiness the Dalai Lama consecrated and dedicated the Nechung Dorje Drayang Ling Immutable Island of Melodious Sound as a Buddhist temple and retreat. Farther south, along the highway, are the small villages of Pahala and Naalehu. Farther still are the subdivisions of Hawaiian Ocean View Estates, Hawaiian Ocean View Ranchos, Green Sand, Mark Twain and Discovery Harbor.

There are unique real estate opportunities in Ka'u for those who prefer life outside the mainstream. A variety of custom homes, off-grid homes, farms, ranch properties and ocean view lots are available in the Clark Realty Big Island listings.


Please Note: This calculator is designed for research and comparison purposes only. For pre-qualification and a rate quote from a qualified local lender, please contact us and we will connect you with a lender.

Interest rate, taxes, insurance, PMI payments, etc., displayed above are estimates only and are subject to change based on market conditions and individual financial circumstances. Clark Realty is not a lender and does not guarantee that the rate and terms displayed above can be obtained.


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Listed By Hawaii Life

© MLS Hawaii, Inc., All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed.


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