UPDATED:
Key Details
Property Type Commercial
Sub Type HIS Food Service,Office,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 21,252 sqft
Price per Sqft $159
Subdivision Hilo Town
MLS Listing ID 708811
Full Baths 14
HOA Y/N No
Originating Board Hawaii Information Service
Year Built 1967
Annual Tax Amount $18,511
Tax Year 2023
Property Sub-Type HIS Food Service,Office,Retail
Property Description
Improvements include new central rooftop air conditioning, over $100,000 for exterior building paint, new office doors/hardware, major plumbing & ADA accessibility improvements.
Hilo Plaza has been meticulously maintained and improved over the last 30 years by the current owner!! VERY CLEAN and TIDY!
Rarely do you find a building with this unique gorgeous architectural design and appeal AND in beautiful turn key condition.
Located in historical downtown Hilo, which is the second largest metro area in the State of Hawaii. This is an ideal investment opportunity. A national anchor tenant occupies the majority of the 3rd floor and a portion of the 2nd floor for their administrative offices.
Qualified purchasers will be supplied with all the current lessees, leases, income and expenses.
Possible small Purchase Money Mortgage MAY be possible for the right buyer.
*All information is deemed accurate & reliable, however all interested parties, agents & buyers are cautioned to perform their own due diligence regarding all matters pertaining to this property. Square footage to be verified by an appraisal report or other means acceptable to the buyer.
Location
State HI
Community Hilo Town
Area 9493.0
Zoning CDH
Region South Hilo
City Region South Hilo
Interior
Flooring Carpet, Concrete
Appliance None
Exterior
Parking Features None
Utilities Available Electricity Available, Phone Available, Sewer Connected
View Y/N Yes
View City
Topography Level
Garage No
Building
Lot Description Interior Lot
Unit Features Multi-Dwelling
Entry Level Three Or More
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional, HIS Purchase Money Mortgage
Listing Terms 1031 Exchange, Cash, Conventional, HIS Purchase Money Mortgage
Special Listing Condition Fee Simple, Notice Of Default
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Travis Scott
Big Island Realtor | License ID: RS-83053
Big Island Realtor License ID: RS-83053