$1,500,000
$1,699,000
11.7%For more information regarding the value of a property, please contact us for a free consultation.
2.07 Acres Lot
SOLD DATE : 02/16/2024
Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Hove
MLS Listing ID 702461
Sold Date 02/16/24
HOA Y/N No
Annual Tax Amount $23,691
Tax Year 2022
Lot Size 2.068 Acres
Property Sub-Type Retail
Source Hawaii Information Service
Land Area 90068
Property Description
Welcome to Ocean View Town Center, located in the coastal community of Oceanview, Hawaii. Nestled in the heart of Oceanview, this thriving center comprises three buildings and is home to thirteen diverse tenants. With a strategic location and an impressive array of businesses, this center truly caters to the needs of the local community.
At the core of Ocean View Town Center, you'll find two anchor tenants - Ace Hardware and the Kahuku Country Market and Gas, where both locals and tourists stop for a hot breakfast, fresh sandwiches, refreshing snacks and gourmet coffee. Beyond the anchor tenants, this center proudly houses a variety of other thriving long-term tenants, Ocean View Pizzeria, Ka`u Business Center, Horvath Veterinary Clinic, the Wellness Center and more. From professional services to unique retail experiences, the diverse mix of tenants ensures that Ocean View Town Center remains a bustling hub of activity and a vital part of the community.
This outstanding property not only promises a remarkable investment opportunity but also offers the chance to be part of the thriving retail landscape in Oceanview. Future planned developments in the area add the potential for greater future traffic and increased value for this center.
Seller is accepting Backup Offers.
Location
State HI
County Hawaii Island (big Island)
Community Hove
Area Hi
Zoning A-1A
Region Kau
City Region Kau
Exterior
Utilities Available Electricity Available, Phone Available
View Y/N No
Water Access Desc Catchment
Garage Yes
Private Pool No
Building
Sewer Septic Tank
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Fee Simple, Standard
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