Ryan Milligan | Kona, Hawaii Real Estate
Ryan Milligan
(808) 640-0072(808) 640-0072

83-5799 Hawaii Belt Rd, CAPTAIN COOK, HI 96704 (MLS # 640811)

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This is a leasehold property. This property is 2.47 acres, located on Hawaii Belt Road, one mile south of the Captain Cook Post Office.
The spectacular ocean view overlooks Kealakekua Bay, Honaunau Valley, and 26 miles of the gorgeous Kona coastline.
6,000 sq.ft. of the land is classed as commercial.
The remaining 2.33 acres are zoned agricultural, and include 1.25 acres of Kona coffee trees, plus Avocado, Mango, Papaya, Banana & Orange trees, Guava, Lilikoi, and more.
There are 2 buildings on the property.
The residence is 3,000 sq.ft., with 5 bedrooms, 3 full & one 1/4 bath, a two car carport, and an 1,100 sq.ft. lanai, with one of the world’s greatest views from a hot tub.
The residence has been approved by Hawaii County and Kamehameha Schools for use as a vacation rental. STVR permit # 19-365130.
The 2,700 sq.ft. commercial building is located right off the highway on the property's 6,000 sq.ft. commercial site, and is home for The Coffee Shack restaurant
The commercial building also has a 400 sq.ft. office on the lower level, and a one bedroom apartment.
The Coffee Shack, Ltd currently subleases the commercial site for $4,600/month. The Coffee Shack restaurant business is also for sale.
The land is leased from Kamehameha Schools. There are 32 years remaining on the current lease.
Kamehameha Schools is a private charitable educational trust endowed by the will of Hawaiian princess Bernice Pauahi Bishop. Kamehameha Schools / Bishop Estate is the largest private landowner in Hawaii. Leases from Kamehameha Schools are typically a less expensive way to own property in Hawaii.

DAYS ON MARKET 13 LAST UPDATED 7/30/2020
TRACT KAHAULOA 2ND YEAR BUILT 1987
STATUS Active PROPERTY TYPE(S) Residential, Commercial, Single Family Home

SCHOOLS
School District South Kona


ADDITIONAL DETAILS
APPLIANCES Dishwasher, Disposal, Gas Grill, Microwave Hood, None, Range/Oven, Refrigerator
DESIGN Double Wall
FEATURES Bar-Wet, Recreation Room, Smoke/Heat Detector, Storage Area
FEE AVAILABLE No
FLOOR COVERING Carpet, Hardwood, Laminate, Other (remarks)
FRONTAGE Road/Street
HEATING/COOLING None
LAND TENURE Leasehold
LAVA ZONE 3
LOT DESCRIPTION - LAND Clear
POWER Overhead
PROPERTY TYPE Commercial, Residential
ROADS Paved, State
SECURITY None
STATUS Active
TELEPHONE AVAILABILITY Cable, Cell, Land Line
TERMS ACCEPTABLE Agreement of Sale, Cash, Conventional, FHA, FmHA, HULA MAE, PMM, USDA-Rural Dev, VA
TOPOGRAPHY Gentle Slope
TV AVAILABILITY Cable, Satellite
UNIT DESCRIPTION Single Family Home
VEHICLE STORAGE/PARKING Attached, Covered, Other (remarks)
VIEW Bay, Coastline, Mountain, Ocean, Ocean Horizon, Other (remarks), Sunset
WASHER/DRYER Dryer, Gas, Individual, Other (remarks), Washer
WASTEWATER Cesspool, Septic
WATER County, Meter Installed, Municipal
WINDOW COVERINGS Blinds, Drapes

ZESTIMATE
  83-5799 Hawaii Belt Rd, CAPTAIN COOK, HI

RENT ZESTIMATE
  83-5799 Hawaii Belt Rd, CAPTAIN COOK, HI

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