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Yoshiyama Store 27-302 27-302 Mill rd 10,217 SF 70% Leased Flex Building Papaikou, HI 96781 $2,401,840 CAD ($235.08 CAD/SF)
Executive Summary
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
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 Facts
| Price | $2,401,840 CAD | Lot Size | 0.42 AC |
| Price Per SF | $235.08 CAD | Rentable Building Area | 10,217 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built/Renovated | 1919/2020 |
| Zoning | CV-10 | ||
| Price | $2,401,840 CAD |
| Price Per SF | $235.08 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Lot Size | 0.42 AC |
| Rentable Building Area | 10,217 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1919/2020 |
| Zoning | CV-10 |
Utilities
- Water
- Sewer
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Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 3-2-7-033-018-0000 | Improvements Assessment | $742,374 CAD |
| Land Assessment | $284,652 CAD | Total Assessment | $1,027,027 CAD |
Property Taxes
Parcel Number
3-2-7-033-018-0000
Land Assessment
$284,652 CAD
Improvements Assessment
$742,374 CAD
Total Assessment
$1,027,027 CAD
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Yoshiyama Store | 27-302 27-302 Mill rd
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