195 WAIKAHE RD # HILO HI 96720

WAIAKEA HOMESTEADS

5 bd
1 | ba
Sq ft: 2,116
LOTS/LAND
1977

Active$1850000195 WAIKAHE RD # HILO HI 96720

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Hawaiian Body Products, LLC has been producing premium personal care products since 2005.

Operating under the Ola Tropical Apothecary® brand, the business boasts an impressive array of lotions, creams, other essentials. These Eco-friendly products are a testament to sustainability, with many locally sourced.
This turnkey operation, operating out of a 4,000+ square foot warehouse, includes over four acres of prime grazing and farmland, along with a custom-built 2,166 square foot plantation-style residence featuring ocean and mountain views.
The home boasts an expansive living and dining space, dedicated library with lava rock fireplace, and dual patios with commanding views of the ocean.

Hardwood and ceramic tile flooring and old-world cabinetry adorn this three bedroom, two bath residence, along with a 264 square foot bonus room downstairs.
The property is fully fenced, with mature tropical fruit orchards (inquire for full list) and a garden (adjacent to the warehouse) currently producing ingredients for the business.

Business Highlights:
• A reputable Hawaii brand
• Broad product portfolio with proprietary formulas
• A growing export presence in Asia and Europe
• A burgeoning e-commerce platform
• Financially robust with solid revenue
• A debt-free company with a sound balance sheet
• Well-trained team of operators offering excellent potential for continuity

A professional business valuation from Bank of Hawaii is available on file.

*Note: the business (without the property) is available for sale for $750,000 including all equipment, intellectual property, and formulas. The property itself is available stand-alone for $1,100,000 (see MLS 704810).

LOCATION INFORMATION

District: South Hilo
Latitude: 19.65273685
Subdivision: WAIAKEA HOMESTEADS
INTERIOR FEATURES

Floors: Carpet
EXTERIOR FEATURES

Septic or Sewer: Cesspool

Water: County
Has a Pool: No
Zoning: A-3A Lot Size in Sq. Ft: 185522
Is Oceanfront Parcel: No
Lot Description: Clear,Grassy Lot Number: 1306
Topography: Gentle Slope
Security: City,Coastline,Garden,Forest,Mountain,Ocean,Ocean Horizon,Sunrise,Pasture
FEATURES

Power: Overhead
Additional Information

Tax Key: 3240050380000

Property Type: LOTS/LAND
Year Built: 1943
Taxes: 7503.38
Release Date: 04-01-2024 Land Tenure: Fee Simple
$ 3,151 per month
30 Year Fixed. 3.525% Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $ 157

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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Listed by: COMPASS

Seller’s Representative:

Kohanaiki Realty LLC © 2023 Hawaii Information Service. All rights reserved. © 2023 MLS Hawaii, Inc. All rights reserved.

Provided Courtesy of Hawaii Information Service. In this page not only will you see properties represented by Kohala Coast Properties, but also properties represented by other members of Hawaii Information Service. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. 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. Data is updated approximately every two hours. The last update time is shown below.

HIS data last updated at March 10, 2024 8:44 PM HAST

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