Kona Center

Located in Kailua-Kona at the intersection of Hanama Place and busy Kuakini Highway just a block from Kailua Pier and Alii Drive. In easy walking distance of both the visitor area located on Alii Drive, and many offices, restaurants and retail centers in the Kailua-Kona business district.Kona Center is a standout, one-of-a-kind property located in the heart of Kona Village. Consisting of approximately 1.47 acres of fee simple, V.-75 resort zoned land with an approximately 17,000 square foot concrete and steel frame building, this property will not disappoint. As of this writing, there is nothing advertised for sale in Hawaii that has the potential upside Kona Center has with a minimum investment. Massive future potential earning upside as well as location, location, location are what justify the listing price. While Kona Center currently has an excellent existing income, this is only the tip of the iceberg regarding its money generating potential. With a minimum investment, the current base rental income has the potential to double. With maximum investment, the sky’s the limit! Because Kona Center is located in the highest density resort zoning possible, unique money-making opportunities are available to position the property to generate maximum profits. STVR conversions on some or eventually all the units are just one idea to possibly double Kona Center’s current income. More aggressive moneymaking options requiring larger capital investments could include maximizing the build out potential of up to an 85-room hotel or smaller boutique hotel, according to Kona Center’s current highest density resort zoning. Kona Center could be a great long-term hold for institutional investors due to her large upside potential. If you are looking for a trophy property with tons of upside potential only limited by your pocketbook, then Kona Center is the property for you! Please call me to discuss! I’d be happy to explain all the tremendous opportunities this property has to offer! (Financial information is available from the listing broker upon request and with a signed Confidentiality Agreement). *Please note, opportunities mentioned above are not guaranteed by seller and are only projections. Actual results could vary depending upon other factors which are unforeseen or beyond the seller’s control. The seller does not guarantee or will be held liable for any potential upsides described in this letter if the buyer does not realize those gains. Owner has an active real estate license in the State of Hawaii. Contact Darryl Fujimoto RS-46644, Phone (808) 499-0000, Email: [email protected].