Imagine endless possibilities at 82-6115 Hawaii Belt Road. This extraordinary property, set in the scenic Captain Cook region, offers a rare blend of commercial and agricultural opportunities. Encompassing 3.36 acres of commercially zoned land along the highway, complemented by over 3.7 acres of agricultural land below, this site is a developer's dream. It has tentative approval for a 7-lot subdivision, ideal for a range of projects. The property promises a unique opportunity into agritourism. Imagine a front side bustling with mixed-use commercial activities while the back side flourishes with a rich coffee farm or a beautiful farm estate. This innovative combination of agriculture and business is not just an investment; it's a lifestyle. Enhancing its allure, the property offers stunning ocean views, creating a tranquil setting for any development. Historical elements, like the Kona Theater building and existing structures, including a workshop, a single-family home, and a former gas station (with tanks removed), add layers of potential and character. Notably, a fruit stand currently operates at the old Kona Theater site. Zoned CN-7.5 and boasting fee simple land tenure, this land is awaiting your vision. It's an opportunity for an innovative blend of business and agricultural endeavors. Whether seeking a new commercial venture or a prime agricultural estate, this property offers an unmatched blend of potential and beauty. - 2 bedroom, 1 bathroom house - Old Kona Theater (with expired demolition permit) - Tentative Subdivision approved for 7 lot subdivision. - 7 water meters available to this property. - Ocean and Horizon views The buildings are being sold 'as is.' They are old structures, and the sellers do not provide any warranties regarding their condition.
BACK ON THE MARKET! Rare opportunity to buy the Manago Hotel, a fee simple, 64-room unbranded historic hotel with additional commercial space, a home, long-term residential rentals, and Hawaii's oldest restaurant which was the winner of a 2023 James Beard Award. The hotel offers a glimpse into "Old Hawaii," a charm treasured by locals and visitors alike. This property has been established, owned, and operated continuously by the Manago family for over 100 years. The Manago Hotel Restaurant is Hawaii’s oldest restaurant, dating back to 1917. The property is an incredible value-add investment with tremendous upside potential. The current below-market room and commercial rents offer immediate upside, while undeveloped land provides space for desirable new amenities such as a swimming pool or grand lawn. The addition of enhanced food and beverage services and the transformation of an existing bar into a 1920s-themed speakeasy, as well as a modern reservation system, could further increase value. Moreover, the hotel includes additional rooms currently not in use that could be converted into long-term rentals. NOI is proforma. Offering includes two parcels - TMKs:3-8-2-15-19 & 22.
The Pacific Farmers Cooperative was a high capacity mill on 4.45 acres of fee simple land just above Kealakekua Bay. Comprised of multiple bldgs. with newer high cube warehouse facility With full mezzanine, 3 bathrooms (1 with shower); 2 roll up doors; and 1 loading dock. Full ridge vent. This property includes the well known visitor center that has sold retail coffee and macnuts to the many visitors frequenting the area that includes 3 newer septic systems that had been installed for this center. Easy access for both production and visitors...fabulous opportunity!! * Historic use dates back 100 years to Dillingham Corp. in the early days of the Kona Coffee industry. Uses could be for an art center with glass blowing, metal sculpture, ceramics, etc. * When operating, the facility processed coffee from berries to roasted, and macs from the field to finished retail units. * There are numerous buildings used for the two crops that were processed here. * Some of the MACNUT processing equipment is as follows (some equipment no longer available): * Mac Nut Crackers * Huskers that can process large quantity of hundred-pound bags * Grinder for macnut shells with higher capacity * 8 Dryer holding units that can dry 35,000 pounds of Macs in shell (propane fired) * Some of the COFFEE processing equipment (may be available) as follows: * Processing equipment for coffee skin processing for juice extracts for additives to cosmetics * Dryers that can process up to 2500 pounds of coffee from dry to wet to dry for cosmetics * 2 plate sorters that can produce 2,000 lbs. of green coffee per day * Four 1,200 pound vertical dryers that can final process 3,000 pounds * Large capacity coffee roaster in Visitor Center (see pics) (may be available). * 2 inch water line serves the Mill; and 3 phase power Facility and all equipment sold in "As Is Condition" . Some equipment separately.
Captain Cook is located in Hawaii. Captain Cook, Hawaii has a population of 4,087. Captain Cook is more family-centric than the surrounding county with 41.73% of the households containing married families with children. The county average for households married with children is 25.67%.
The median household income in Captain Cook, Hawaii is $99,286. The median household income for the surrounding county is $68,399 compared to the national median of $69,021. The median age of people living in Captain Cook is 36.5 years.
The average high temperature in July is 78.5 degrees, with an average low temperature in January of 60.8 degrees. The average rainfall is approximately 30.8 inches per year, with 0 inches of snow per year.
