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$ 3,500,000
Est. payment | /mo
3 Baths
$ 3,500,000
Est. payment | /mo
3 Baths
Key Details
Property Type Commercial
Sub Type Hotel/Motel,Retail,Warehouse
Listing Status Active
Purchase Type For Sale
Subdivision Waiakea
MLS Listing ID 721902
Half Baths 3
HOA Y/N No
Year Built 1962
Annual Tax Amount $21,601
Tax Year 2025
Property Sub-Type Hotel/Motel,Retail,Warehouse
Source Hawaii Information Service
Land Area 78187
Property Description
An exceptional opportunity to acquire fee simple commercial real estate in one of Hilo's most accessible corridors. Located just off of Kanoelehua Ave between Kamehameha Ave and Kalanianaole, this 1.79-acre property offers an excellent opportunity. High visibility with easy ingress/egress that is well-positioned for future commercial development or redevelopment. Strategically located near the Banyan Drive resort area, Hilo International Airport, Hilo Harbor and Hawaii Island's state and county offices.
This property is ideal for investors, owner-users, or developers seeking a flexible commercial asset with strong infrastructure and an irreplaceable location.
Property Highlights:
Land Area: 1.79 acres (Fee Simple)
Zoning: V-.75 (Urban, Resort, Commercial Use)
State Land Use: Urban
Building Size: Approx. 4,540 SF
Utilities:
Water: County Department of Water Supply via existing 12-inch main; 3 active water services already on site.
Wastewater: Served by County sewer system via 30-inch main along Kalanianaole Street; two stub outs, one currently in use.
Site Improvements:
Existing commercial structure.
Paved parking lot and additional graded parking areas.
Cleared and fully graded site with minor landscaping along perimeter.
Prime Commercial Property – 92 Kalanianaole Street, Hilo, HI 96720
This property is ideal for investors, owner-users, or developers seeking a flexible commercial asset with strong infrastructure and an irreplaceable location.
Property Highlights:
Land Area: 1.79 acres (Fee Simple)
Zoning: V-.75 (Urban, Resort, Commercial Use)
State Land Use: Urban
Building Size: Approx. 4,540 SF
Utilities:
Water: County Department of Water Supply via existing 12-inch main; 3 active water services already on site.
Wastewater: Served by County sewer system via 30-inch main along Kalanianaole Street; two stub outs, one currently in use.
Site Improvements:
Existing commercial structure.
Paved parking lot and additional graded parking areas.
Cleared and fully graded site with minor landscaping along perimeter.
Prime Commercial Property – 92 Kalanianaole Street, Hilo, HI 96720
Location
State HI
Community Waiakea
Area Hi
Zoning V-.75
Region South Hilo
City Region South Hilo
Exterior
Utilities Available Electricity Available, Sewer Connected
View Y/N No
Garage No
Private Pool No
Land Tenure Fee Simple
Waterfront YN false
Others
Ownership Full
Acceptable Financing 1031 Exchange, Conventional
Listing Terms 1031 Exchange, Conventional
Special Listing Condition Fee Simple, Standard
Listed by Aloha Sotheby's International Realty Inc.
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