Home : Blogs : Lance Owens : Lance Owens, Realtor, Kailua Kona, Hawaii, Real Estate, Information, Blog, Kona Real Estate,

Auto Dealership - HAWAII - Best Location in Town !

Lance Owens | Aloha Kona Realty Inc | 808-936-8383

75-5621 PALANI RD, Kailua Kona, Hi, HI

Auto Dealership in Kailua Kona - the old Mckenna Volkswagen Dealership

Retail/Commercial

offered at $599,000

Year Built	1984
Sq Footage	5,487
Floors	2
Parking	Uncovered spaces
Lot Size	43,000 sqft
Maint	$0 per month

DESCRIPTION

The old Volkswagen store, near the corner of Palani Rd, and Kuakini HWY
You want to talk about Location and Visibility!
2 offices, small kitchen area, downstairs with waiting room & deck
4 offices upstairs with deck
6 service bays with lifts
Service office/write up area
Parts Dept

Land area according to tax records
43,424sqft in upper lot
14,215sqft lower lot
Building area according to tax records
5,487sqft

There are a few non conforming issues when the addition was put in - back in 2002.
The 2 pop outs off the back of service and parts, and the wash bay. Seller will remove before sale if buyer requests.

Specifics:
$8,500. a month lease for Upper lot (renegotiates in 2012, expires in 2022 - owner willing to negotiate a new 20 year lease if you want )
$1,100. a month for lower lot lease (month to month only - has been forever)
$599,000 for all improvements, including equipment, lifts, building, furnishings. You couldnt build half this building for that price!

Seller is motivated - and may carry some of the paper for the improvements

Use your imagination - this lot used to be the Ford dealership, then Budget Rent a Car, back to a Auto Dealership, most recently being Kia, before that it was VW, and Hyundai.
Aloha, and have a great day

Lance Owens (RS)
(808) 936-8383
Lance@KonaHomeTeam.com
www.KonaHomeTeam.com
Aloha Kona Realty Inc.
78-6740 Alii Drive