27-302 Mill RdPapaikou, HI 96781

Description

This is a fully rented retail building with two separate free-standing residences located in the center of Papaikou. The Retail location is fully rented long term, and in exceptional condition considering its age. In addition to the 4 retail spaces currently rented, there is approximately 1000 sq ft upstairs that can be used as office, additional retail space, or storage. Separate from the retail space are two residential properties. One a two story, 7-bedroom home with nice ocean views, and a second 3 bedroom, 1-1/2 bath home with an attached carport. This third home is listed as tmk 3-2-7-33-17. Though it is listed as a separate TMK the county has no record of a legal subdivision and additional research is required. A large staging area separates the retail for the residential that could give additional rental income as well. This property is perfect for a family complex with retail space or possible condominium development. Located right next the Papaikou post office make it centrally located for future development opportunities. This wont last long

Property Information

Property type

Commercial Sale

Sub-type

Retail

Year built

1918

Living area

10,379 Sq Ft

Ownership

Full

Zoning

CV-10

Days on market

152

MLS^® Listing#

730408

Property Features

Flooring

Carpet

Utilities

Electricity Available · Sewer Connected

Financial Details

HOA

Yes

Annual taxes

$8,007Tax year 2025

Assessed value

$748,300

Parcel number

3270330180000