18,122 Square Foot Office Space For Sale @ 75-5706 Hanama Pl

Property tours are available by appointment only. Please contact the listing brokers to schedule a property tour.Kailua Trade Center is a two-story garden style office building in Kailua-Kona, the commercial core for residents and visitors on the west side of the Island of Hawaii. The Property has good location with respect to commercial services, thoroughfares, community services and adjacent commercial uses. The building is approximately 18,122 RSF over a basement parking area and is situated on a 28,357 SF lot. It was constructed in 1980, is in generally good condition and is ADA compliant. Estimated insurable replacement cost is $6,000,000.Typical tenants are professionals including doctors, dentists and other office users. With V-.75 zoning, future uses could include hotel, retail, resort, residential and various commercial uses. The approximately 9,649 sf of current vacant space could allow an owner-user to begin operations immediately while an investor could realize an attractive return with an increase in occupancy. The property is leasehold; the current ground lease expires in 2052.