Incredible lncome Producing Property 95-1148 Naalehu Spur RD.

Investment Highlights

Attractive Cash Flow Impeccable Location Seller Financing Available Desireable Cap Rate Additional 4,959 SF Parking Space

Executive Summary

ALSO INCLUDED WITH THIS SALE IS TMK# 3-9-5-21-32, a vacant land (4,959SF) for ADDITIONAL PARKING.SELLER FINANCING available.Incredible opportunity to purchase a fee simple, commercially zoned, income-producing property in the heart of Naalehu, the southernmost town in the US. This turn-key property consists of two amazing food establishments. One is the renowned restaurant Hana Hou, which launched in 1940, offering delicious comfort food and desserts. It has a liquor license and both indoor and outdoor seating. The other is Taco Titas, offering Mexican cuisine. The property also features two charming motel rooms, warehouse, laundry room, and an office. Ample parking space is available on the lot and nearby. Also included in this sale is TMK # 3-9-5-21-32, a vacant land that is approximately 4,959SF, located across the Street. This enticing offer provides additional PARKING space, bringing more business to the property. Take advantage of the tremendous owner-user potential by continuing to run the existing businesses, which are generating an attractive cash flow with a desirable cap rate. Home to two of the few dining options in Ka?u (the largest district on the Big Island), this is an enticing investment. The sale also includes furniture, a comprehensive list of kitchen appliances, and restaurant recipes. Nearby area attractions include South Point, Green Sand Beach, Punaluu Black Sand Beach, the Kahuku Unit of Volcanoe National Park, and Whittington Beach Park. Located just 59 miles from Kailua- Kona and 63 miles from downtown Hilo.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    3,987
• Building Class    C
• Year Built    1925
• Price    2,000,000
• Price Per SF    502
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.30
• Land Acres    0.31 AC