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Beautiful Jewel to Develop! May 12, 2017

Posted by Kelly in : Featured Listings , trackback

1. 265409305

Unique and rarely available lot overlooking the ocean and Reed’s Bay in Hilo. Resort-Hotel zoning makes this nearly oceanfront lot a beautiful jewel to develop.

Restaurants, retail establishments, hotels, and business services are all permitted under Resort-Hotel zoning. Letter from land use attorney on uses, restrictions is on file.

The location, in close proximity to the Hilo airport and Banyan Drive Hotels make this a highly desirable spot. This lot is near the new “Kuhio Kalaniana’ole Park” and Hilo’s famous “Ice Pond”.

Commercial enterprises and residential houses are nearby. There is a lot of pedestrian traffic by this lot both from tourists and locals making their way to the area’s beaches, to the many cruise ship passengers who make their way on foot from the Port of Hilo.

Lot requires a Special Management Area (SMA) application. Tsunami elevation currently requires any structure to be at least 12 to 14 feet or more above ground level. Current setbacks are 8 ft side, and 20 ft front and rear. Water line is across Kalaniana’ole Ave., and sewer lateral is in. Lot has three flood zones. Check with County Planning Department regarding any building requirements. Lot road frontage on Kalanianaole is 50 ft wide.

New oceanfront park is gated. Opens at 7AM and closes at 8PM.

See all the images and virtual tour here: www.265409.KellyMoran.com

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