324 Pau O Palae St

    Hilo, HI 96720
    • $450,000
    • STATUS: Active
    • ON SITE: 296 days
    • MLS #: 613049
    UPDATED: 48 min ago
    $450,000
    • 0
      BEDS
    • 10.09
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,920
      SQFT
    • $234
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1989
    Area:

    School Ratings & Info

    Description

    Offered for the first time is an established export foliage nursery with a 30 year track record of successful innovation. It has a reputation for providing high quality plant material throughout the state of Hawaii and the U.S. mainland. The nursery is located in the Panaewa district of Hilo, only 10 minutes from downtown.This nursery produces high quality ornamental plants for export. The product line includes 2 varieties of Palm plants including the Rhapis Sp., the premium interior plant.This nursery has 2 sites, both in Panaewa, both are included in the sale. TMK 3-2-2-56-44 has 3 greenhouses, 3 shade houses, a potting shed, store room, and an 84 x 26 ft. loading dock with office, bathroom and storage room. TMK 3-2-4-49-21 has 2 shade houses totaling approximately 120,000 sf under shade. Extensive plant inventory is also included. The Seller will consider training new owner & will transition all existing customers and accounts to new owner.This nursery is located on State of Hawaii Leasehold land. The State of Hawaii leasehold law requires new buyers to have 3 years of farm experience and be residents of Hawaii. Approximately 15-20 years remaining on lease. Recent years sales are on the rise, and projections are strong to continue this trend. The nursery has an established customer base, some who have been with the business for over 25 years. This is a rare opportunity to step into a successful existing business.Note: Interior area of approx. 1,920 sq ft includes the covered loading dock area adjacent to office.

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    © 2018 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Elite Pacific Properties. Data last updated: 2018-09-24T08:34:35.493.
    hawaii.elitepacific.com/homes/79111998

    324 Pau O Palae St Hilo, HI 96720

    • Price: $450,000
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 613049
    0
    Beds
    2
    Baths
    0
    ½ Baths
    10.09
    Acres
    1,920
    SQFT
    $234
    $/SQFT
    1989
    Built
    Neighborhood:
    Panaewa Ag. Park
    Area:
    South Hilo
    Property Description
    Offered for the first time is an established export foliage nursery with a 30 year track record of successful innovation. It has a reputation for providing high quality plant material throughout the state of Hawaii and the U.S. mainland. The nursery is located in the Panaewa district of Hilo, only 10 minutes from downtown.This nursery produces high quality ornamental plants for export. The product line includes 2 varieties of Palm plants including the Rhapis Sp., the premium interior plant.This nursery has 2 sites, both in Panaewa, both are included in the sale. TMK 3-2-2-56-44 has 3 greenhouses, 3 shade houses, a potting shed, store room, and an 84 x 26 ft. loading dock with office, bathroom and storage room. TMK 3-2-4-49-21 has 2 shade houses totaling approximately 120,000 sf under shade. Extensive plant inventory is also included. The Seller will consider training new owner & will transition all existing customers and accounts to new owner.This nursery is located on State of Hawaii Leasehold land. The State of Hawaii leasehold law requires new buyers to have 3 years of farm experience and be residents of Hawaii. Approximately 15-20 years remaining on lease. Recent years sales are on the rise, and projections are strong to continue this trend. The nursery has an established customer base, some who have been with the business for over 25 years. This is a rare opportunity to step into a successful existing business.Note: Interior area of approx. 1,920 sq ft includes the covered loading dock area adjacent to office.
    Exterior Features

    Fence Chain LinkFull Frontage Road/Street Land Tenure Leasehold Lot Description Inside Ocean Front N Pool N Roads County Topography Gentle Slope View Forest

    Interior Features

    Washer Dryer None

    Property Features

    Assessed Value 63100 Assessment Year 2016 Features Ceilings-9'+GreenhouseOfficeStorage Area Lava Zone 3 Oceanfront Unit Phone Service CellLand Line Power Overhead Property Type Business Security None Sewer Cesspool Solid Waste Disposal Private Contractor Tax Key 322056044 Taxes 605.88 Terms CashConventionalOpen Water MunicipalMeter Installed Zoning A-3A

    Listing courtesy of Hilo Brokers Ltd. © 2018 MLS Hawaii, Inc. All rights reserved.


    © 2018 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Elite Pacific Properties. Data last updated: 2018-09-24T08:34:35.493.
     
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    Honolulu HI, 96816