Old Volcano Road, KEAAU, HI 96749
Listing Presented By
MacArthur Sotheby's International Realty - Kamuela
Commercial,Land - KEAAU, HI
Offering a unique 2.41-acre property for commercial use in Kea?au on the Big Island of Hawaii. Strategically located off main highway 11 between Hilo and Hawaii Volcanoes National Park, and in close proximity to the Port of Hilo, this property maintains a very tropical and lush charm that is Hawaii. The property has access to natural artesian well water. The property is already zoned for facility construction, and there is room for expansion with surrounding parcels. Hawaii is known for its year-round beautiful weather, tropical exports, and tourism. The location of this property offers a rare combination for success. The strategic location is just 8 miles from Hilo International Airport. In 2014 an estimated 1.7 million visitors traveled by the property en route to Volcanoes National Park and the number of travelers continues to increase year over year. In addition to its amazing water source, the property has in place Special Use Permits approved by the County of Hawaii for a brewery, distillery, visitors? center, tasting room, beer garden, restaurant, and/or any beverage product. If the purchaser of the 2.41 acres wants to bottle water, an additional well permit has already been approved and issued by the State of Hawaii DLNR Water Management. The artesian water market has been evolving into a profitable business for property owners who have quality sources near major ports for easy export. The Atlanta Journal Constitution recently reported that sales of bottled water surpassed sales of beer, according to Beverage Digest, an industry trade publication. Another trade publication, Beverage Marketing Corporation has also showed that bottled water has trumped other beverages putting bottled water squarely in the number two spot, behind sales of sodas and carbonated beverages. Seller will consider financing options based on the purchaser?s credit worthiness and a minimum of 25% down.
Last Updated: May 10, 2017
Posted: September 20, 2016