East West Realty,Inc.

For Lease - Waiaka Retail Center

East West Realty, Inc. is pleased to introduce Waiaka Center, located at the corner of Kanoelehua Avenue and Kahaopea Street as Hilo’s newest retail center, being developed by M. David Paul Development.

“Waiaka” (the reflecting pond) offers a great location on Kanoelehua (Highway 11), near the airport, Prince Kuhio Mall, WalMart, Target, University of Hawaii – Hilo Campus and world famous Hilo Bay. “Waiaka” is the first retail center to be built in Hilo in years. Waiaka will feature five new buildings including ample on-site parking. The anchors are anticipated to include a pharmacy, fast food, bank, and others. This choice property is located in Hilo’s most desirable retail district, call today for details.

 EastWestRealty_Waiaka_Retail_Center.pdf (1.39 MB) 

 Waiaka Center Landscape Plan.pdf (7.25 MB)

Golf Vistas At Mauna Lani
Land Area: 1,297,608Sq. Ft.
County Zoning: RM-3

The last undeveloped centrally located land parcel in world famous Mauna Lani Resort, this single family resort project is designed to have a total of 73 lots/ homes comprised of two phases. Phase I is planned to have 31 lots plus the amenity center for both phases on 12.7 acres of land. Phase II is planned to have 43 lots on 17.08 acres of land.

The project has substantial golf course frontage, and the lots are planned to average around 14,000sf on the golf course and around 10,000sf for the interior lots. Current owner is planning on building the amenity center plus some model homes and then selling lots from the sales center.

 East West Realty Inc - GOLF VISTAS AT MAUNA LANI.pdf (350.19 KB)

Hualalai Gardens - Development Land
Land Area: 1,277,919.72Sq. Ft.
County Zoning: A-1a, Agricultural

Fully entitled mini-estate project ready to go!! High barrier to entry market! Fee simple acreage at the perfect Kona elevation,

Kailua Kona Commercial Real Estate (FS)
Land Area: 43,354Sq. Ft.
County Zoning: CG-20
Great location, spectacular views and easy access. Last original lot sale by developer of new commercial subdivision. Priced to sell at about $50psf net of roadway. Nearby lots listed above $80psf. Rare opportunity in center of Kailua-Kona, close to everything. Western boundary of property is the Pa Kuakini (Great Wall of Kuakini), which must be preserved and has a twenty-foot buffer zone which can not be built in. Site is accessed by private road from Hale Kapili. The private road is owned by this property and Lowes HIW. An existing agreement requires both owners to maintain the road.
 East West Realty Inc - Kona Retail.pdf

Kealakekua Commercial Property
Building Area: 2,500Sq. Ft.
Land Area: 51,401Sq. Ft.
County Zoning: CV-10
Great corner location for commercial development in the heart of the Kealakekua business district located at the northeast corner of Mamalahoa Hwy and Haukila Rd. (road to Kona Hospital and Kona District Court). Rare opportunity for commercially zoned land in area with high barriers to entry and low turnover.
Great visibility on main highway! Owner will include plans for a three story medical office building with over 19,000sf. Site has been engineered and designed to accommodate an overall slope of 3.5%. Suitable for retail, medical office, general office or ??

Kona Keopu Development Opportunity
Land Area: 5,633,222Sq. Ft.
County Zoning: Medium Density Urban Expansion

Large land parcel in the center of Kailua-Kona on Queen Kaahumanu Highway with great frontage and spectacular views of the town and the ocean. Currently used for cattle ranching, this land is in the heart of the growth area of Kona, the second fastest growing district in the State of Hawaii! Approved highway access as well as access from the mauka (east) boundary from County road. Great investment/development parcel.

 East West Realty Inc-Keopu.pdf (315.43 KB)

Lanipuu Residential Development
Land Area: 4,712,146Sq. Ft.
County Zoning: RA-1a & RM-3.5

Fully entitled residential project in the heart of Kailua-Kona on the Big Island of Hawaii is available for sale due to Mainland owner’s numerous other projects taking too much time and attention. Plans are for 99 large residential lots plus about 90-100 multi-family units directly above Lowes HIW in the Kona urban core. Easy access to schools, shopping, dining, golf and all the other great aspects of the Kona lifestyle.

 East West Realty Inc-Lanipuu.pdf (361.69 KB)

Lokahi Makai Individual Lot Sales Phase 1
Land Area: 10,000Sq. Ft.
County Zoning: RM-4

Lender’s Liquidation Lot Sale
10,000 sq ft lots above airport in new nice residential subdivision with underground utilities, water and septic tank, cable-ready, sidewalks and curbs, and a neighborhood park. Great views of the Kona coast and Maui. No staking. Call East West Realty, Inc. at 808-599-5720 and ask for Richard Wheelock.

TMK: 3-7-3-60-86 (LOT 95)
LAND: 10,211 SQFT
ZONING: RM-4
LIST PRICE: $119,500

TMK: 3-7-3-60-87 (LOT 96)
LAND: 10,455 SQFT
ZONING: RM-4
LIST PRICE: $99,500

TMK: 3-7-3-60-88 (LOT 97)
LAND: 13,096 SQFT
ZONING: RM-4
LIST PRICE: $114,500

TMK: 3-7-3-60-108 (LOT 128)
LAND: 12,265 SQFT
ZONING: RM-4
LIST PRICE: $99,500

TMK: 3-7-3-60-109 (LOT 129)
LAND: 14,854 SQFT
ZONING: RM-4
LIST PRICE: $105,000

East West Realty Inc -Lokahi Makai Lot Sales.pdf (560.76 KB)

Princeville Shopping Center
Land Area: 400,752Sq. Ft.
County Zoning: CG | Commercial

Main shopping center on north shore of Kauai island, serving both resident and visitor markets. Established center in high barrier to entry market, recently re-furbished. Highway frontage at entry to Princeville Resort, the main destination resort on northern Kauai Island. High occupancy, good income, good tenants. Excellent investment opportunity, pride of ownership.

Rarely offered Fee Simple existing income properties are rarely offered for sale in Hawaii. This center serves the upscale North Shore of Kauai as well as the Princeville Resort, with the Hawaii’s first St. Regis Hotel; the Westin Vacation Club; the planned Montage Hotel; and other high-end resort and residential projects. The adjacent to 10-acres can also be acquired if so desired. Act now!

 East West Realty Inc-Princeville.pdf (306.08 KB)

The Club (LH)
Building Area: 19694Sq. Ft.
Land Area: 60243Sq. Ft.
County Zoning: CG-20

Great corner location in center of town, great visibility. Ground lease can likely be extended. Seller will leaseback for one-two years if buyer desires.

Lease Terms; 55 years ending 2024 16 yrs remaining
Net Annual Rent: $132,000 per annum ground rent to 2014(include GE Tax 1.04167)
Fee Owner; Lanihau Prpoerties, LLC
Lessee; The Club, Inc. A Hawaii Company
Assessed Building Value: $2,498,8000
Year Built 1983
Assessed Land Value; $1,626,600