27-302 Mill Rd
$1,250,000
About this property
This is a fully rented retail building with two separate free-standing residences located in the center of Papaikou. The Retail location is fully rented long term, and in exceptional condition considering its age. In addition to the 4 retail spaces currently rented, there is approximately 1000 sq ft upstairs that can be used as office, additional retail space, or storage. Separate from the retail space are two residential properties. One a two story, 7-bedroom home with nice ocean views, and a second 3 bedroom, 1-1/2 bath home with an attached carport. This third home is listed as tmk 3-2-7-33-17. Though it is listed as a separate TMK the county has no record of a legal subdivision and additional research is required. A large staging area separates the retail for the residential that could give additional rental income as well. This property is perfect for a family complex with retail space or possible condominium development. Located right next the Papaikou post office make it centrally located for future development opportunities. This wont last long
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