605 Kalanikoa St

MLS® 708429 (Hawaii Real Estate) is located at 605 Kalanikoa St HILO HI 96720 in WAIAKEA HOUSE LOTS 1ST SERIES . The current listing status is Active. This 3 bed and 1 bath Home was built in 1953 and features 1456 finished sq.ft with a lot size of 0.51 acres. This property has a reported annual taxes of $4,875. This property is currently listed for an *asking* price of $950,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Located on a bustling street corner just a few hundred feet from the entrance to Hilo International Airport, this expansive property benefits from high visibility, significant traffic flow, and an extensive list of potential uses. Property Highlights: • Prime Location: A stellar corner plot with broad frontage along Kekuanoa Street, which offers direct access to Hilo International Airport. This bustling roadway also serves as the main connection route between the airport and large swaths of Hilo's university, government, and residential districts. Nearby Highway 11 is one of the island's most heavily trafficked roadways, connecting directly to Hawaii Volcanoes National Park. • MCX-20 zoning opportunity: this category allows for dozens of potential uses including retail, food service, office, medical, and industrial uses. • Large lot size: with over half an acre of land, the property provides ample parking for a variety of development opportunities. • Multiple existing buildings: recently repainted, the existing structures on the property provide opportunities for future use. • Established Area: Located amidst high-traffic commercial businesses, including a neighboring gas station. • Superior Infrastructure: Critical utilities are available here including electricity, water, and sewer connectivity. *Property is conditionally approved for MCX-20 zoning - please see attached land use summary and disclosure documentation in MLS (also available by request). An independent appraisal report is also available for qualified buyers, after receipt of a singed non-disclosure agreement. Buyers and their agents to perform their own due diligence. Showings are by appointment only.