65-1241 POMAIKAI PL #5, Kamuela, HI 96743
65-1241 POMAIKAI PL #5, Kamuela, HI 96743
65-1241 POMAIKAI PL #5, Kamuela, HI 96743
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$198,350
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342 SqFt
Price Dropped by $51K

65-1241 POMAIKAI PL #5 Kamuela, HI 96743

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 342 sqft

Price per Sqft $579

Subdivision Waimea Homesteads

MLS Listing ID 726599

HOA Fees $275/mo

HOA Y/N Yes

Year Built 1988

Annual Tax Amount $2,079

Tax Year 2025

Lot Size 0.259 Acres

Property Sub-Type Office

Source Hawaii Information Service

Land Area 11300

Property Description

Pomaikaʻi 5 represents one of the most desirable office locations in Waimea, situated within a short walking distance of Merriman's, Pau Pizza, and Surf Camp Coffee. Owned by the Seller for 26 years, the property has appreciated at an estimated compound annual rate of approximately 7.5%. Along with the current below-market asking price, Seller is pleased to be passing on this value added history.

The commercially zoned 342 square foot office is ideally positioned on a quiet cul-de-sac in the heart of Waimea, offering rare tree-shaded tranquility and privacy seldom found in commercial properties. The discreet, off-road location has contributed to exceptionally low tenant turnover.

Pomaikaʻi 5 is a corner unit featuring windows on two sides, providing natural light, serene views and convenient, hassle-free parking. The space has previously been occupied by a well-regarded real estate professional, nonprofit organization, and mental health practitioner.

Recent updates include luxury flooring and fresh interior paint. Owner may entertain Seller financing with a considerable down payment and stable buyer/tenant.

Location

State HI

County Hawaii Island (big Island)

Community Waimea Homesteads

Area Hi

Building/Complex Name Pomaikai Cottages

Zoning CV-7.5

Region South Kohala

City Region South Kohala

Exterior

Parking Features Unassigned

Utilities Available Cable Available, Electricity Available, Phone Available

View Y/N Yes

View Forest, Garden

Garage No

Private Pool No

Building

Story 2

Entry Level Two

Sewer Cesspool

Others

Ownership CPR

Monthly Total Fees $275

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Fee Simple, Standard


Hawaii Information Service (HIS)
Listed by COMPASS

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65-1241 POMAIKAI PL #5