UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,404 sqft
Price per Sqft $925
MLS Listing ID 729565
Half Baths 1
HOA Y/N No
Year Built 1961
Annual Tax Amount $6,046
Tax Year 2025
Lot Size 0.406 Acres
Property Sub-Type Retail
Source Hawaii Information Service
Land Area 17705
Property Description
Seller offering sellers lender financing. 40% down, Sellers lender to finance balance* call for details. Rare, prime commercial property, central location in the town of Hilo. High visibility, high traffic corner situated along main corridor Kamehameha Ave. / Hawai'i Belt Rd. Average Annual Daily Traffic is 12,693 on Kamehameha Ave. and 9,121 on Pauahi St., and 23,107 on Hawaii Belt Rd to Kamehameah Ave. South. (D.O.T.2024) 8 minutes to Hilo International Airport. Ideal for Drive Thru Quick Service Restaurants (QSR), Tour Activities, Retail, Contractor, Car Wash, Oil Change, Convenience/Liquor Stores, Medical Clinics, Corner Prime Visibilty. Within 5 minutes walking distance to Federal, State, County offices, Hilo Farmers Market, banks, stores, restaurants, offices, Hilo Bayfront Beach Park, canoe houses, boat ramp, docks, King Kamehameha the Great statue, Naniloa Golf Course, Lili'uokalani Gardens and Hilo Hawaiian Trademark Hotel, and the Grand Naniloa Hotel Double Tree by Hilton. Located in the center of Wailoa Park. Very rare investment /opportunity. SMA zone.
Location
State HI
County Hawaii Island (big Island)
Area Hi
Zoning CG-7.5
Region South Hilo
City Region South Hilo
Exterior
Utilities Available Electricity Available, Phone Available, Sewer Connected, Underground Utilities
View Y/N Yes
View Bay, City, Coastline, Ocean, Ocean Horizon, Sunrise
Garage No
Private Pool No
Building
Lot Description Corner Lot
Entry Level One
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional, Lease Option, Purchase Money Mortgage
Listing Terms 1031 Exchange, Cash, Conventional, Lease Option, Purchase Money Mortgage
Special Listing Condition Fee Simple, Standard
NEARBY SCHOOL & BUSINESS
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