Rare and Exceptional Investment Opportunity! Commercial/Residential


Rare commercial development opportunity for shopping center! Street frontage on three sides of property, including Hawaii Belt Highway. Water, electricity, telephone and cable available.

Two adjacent parcels with commercial zoning in Pepeekeo, eight miles north of Hilo on Hawaii Belt Highway. Potential uses with CV-10 zoning include convenience stores, restaurants, gas station, multiple family dwellings, school, day-care center, assisted living, church, bed and breakfast and service businesses.

Combine both lots for a total of 2.8 acres and 900 feet of Hawaii Belt Highway frontage. Stream on north end and gorgeous ocean views. Seller financing may be available to qualified buyers.

MLS 261321 is 1.74 acres and is $395,000 Fee simple
MLS 261322 is 1.06 acres and is $295,000 Fee simple
Buy both for a discounted price of $660,000

Located near the north end of famous Onomea Scenic Drive, and at the entrance to Kulaimano Heights Residential Subdivision.

Exceptional investment opportunity for commercial and/or residential development.


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