Studio house for sale

Overview

Iconic mixed use investment property across from Opelu Plaza on Kawaihae Rd! HIGH visibility for the office unit in front; and easy access to the 2 unit two-story residence behind it, on Kamuela's preferred Dry Side. For tenants, a very convenient location to businesses and stores in Kamuela. Grandfathered in use for the office; along with the residence units per the zoning makes for a variety of uses for an investor or user alike. This property has been a visible fixture in Kamuela for decades, and a great place to showcase a business to the Kamuela community. Located on Kawaihae Rd. and across the road from Merriman's restaurant, and the businesses at Opelu Plaza, this special location is a short stroll to Waimea Park, Parker School, Parker Ranch Ctr and Waimea Town Ctr regional shopping centers, and the many restaurants and stores. North Queens Hospital in Kamuela is just 5 minutes away. The office bldg. is approximately 432 sq ft. of interior space, with approximately 170 sq. ft. of deck. The res bldg. consists of two studio units- one on each level, providing approximately 384 sq. ft. per unit (total of 768 sq. ft for both units). The deck and lanai area is approximately 296 sq. ft., with good mountain views from the upper story. This property has had recent new deck work at both the office and res buildings, new paint at the office bldg., and new vinyl flooring and paint to the upstairs res unit. This is really a gem in Kamuela, and a type of mixed use property rarely available in this special community. Only 20 minutes to the Mauna Kea Beach Resort and Kawaihae Harbor; 55 minutes to Kailua-Kona; and just 40 minutes to Costco and Home Depot. Hilo is just 55 minutes south as well. Property has been in long term rental for many years, so is a very in-demand rental property on this preferred side of Kamuela. Property to be sold in As Is Condition, and subject to the remaining term of the office lease.