Hilo HI Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
730234
Type:
Business Opportunities
Subdivision:
Hilo Town
Courtesy: Coast Properties Ltd. Savanica Johansen 808-209-6998
View additional info

ADDITIONAL INFORMATION

Turnkey cafe opportunity with extensive leasehold improvements already in place. Just the cafe is for sale and its improvements, the new owner would need to have their own business name and concept. The business Coffee Girl is not for sale. This stylish and well maintained cafe features a welcoming customer seating, upgraded tile flooring and counter, commercial cold kitchen, updated plumbing, and quality fixtures throughout. Designed for efficient daily operations, this space offers excellent workflow for coffee flow service, food preparation, and customer experience. The cafe is located in a high-visibility area with strong foot traffic and convenient access for both local and visitors. Leasehold improvements provide significant value for a new owner looking to step into an established setup without the cost of delays of a full build-out. Ideal for an owner-operator, coffee concept, bakery, brunch spot, or a specialty business gelato or ice cream. Sale includes leasehold leasehold improvements, furniture, fixtures, and equipment, creating a ready-to-operate opportunity with growth potential.

Beds:
n/a
Baths:
7.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
730008
Type:
Retail
Subdivision:
Hilo Town
Year built:
1963
Courtesy: Coldwell Banker Island Properties - Hilo Glenn Takase 808-936-0692
View additional info

ADDITIONAL INFORMATION

Two separate commercial buildings with high visibility and convenient central location just above downtown Hilo. First building is 1,840 sqft. with long term tenant (dental office)and the second building offers 2 additional units adding an additional 2,976 sqft. and is currently fully occupied. The property also includes the 16 stall parking lot which is a rarity in the downtown area.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
729565
Type:
Retail
Year built:
1961
Courtesy: Hilo Farmers Market Realty LLC Keith De La Cruz 808-990-8090
View additional info

ADDITIONAL INFORMATION

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 Food Service, Tour Activities, Retail, Contractor, or redevelopment. 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. Formerly a retail / gas outlet Underground tanks were removed and Enivronmental studies completed. SMA zone.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
727693
Type:
Retail
Subdivision:
Hilo Town
Year built:
1941
Courtesy: Hilo Bay Realty LLC Cathy Fedak 808-936-3982
View additional info

ADDITIONAL INFORMATION

Exceptional Commercial Opportunity in Heart of Downtown Hilo Property Overview Located at 144 Kamehameha Ave, this substantial asset represents a rare acquisition in East Hawaii's premier business district. The property encompasses approximately 13,539 square feet of building area, complemented by an expansive 4,231 square foot mezzanine designed for storage and receiving operations. Operational efficiency is enhanced by a side easement driveway, providing truck access. The CDH (Downtown-Hilo Commercial District) zoning offers versatile commercial potential, allowing for various uses to be verified through buyer due diligence. Its proximity to the Hilo waterfront and local amenities makes it an ideal choice for owner-users or investors looking for a strategic repositioning project. The property is offered in as-is condition. Property Highlights • Prime Downtown Hilo location on Kamehameha Avenue • Zoned CDH • Approx. 13,539 SF building area per tax records • Additional approx. 4,231 SF mezzanine area • Mezzanine suited for storage and receiving • Side easement driveway • Access suitable for trucks • Large commercial footprint in central Hilo • Near the Hilo Farmers Market, waterfront, restaurants, retail, and services • Potential owner-user or investment opportunity • Possible repositioning potential, subject to buyer verification • Property offered as-is • Building has office spaces, huge storage rooms, massive retail area and so much potential for owner to create an ”all-in’one” location. • Sale includes Tax Map Keys (3) 2-3-07: 09 & (3) 2-3-07: 39. • Phase I & II Environmental Site Assessment Reports completed Amazing opportunity to purchase a prime property located on Kamehameha Avenue, across the street from Hilo Bayfront, in the center of Hilo’s business and tourist activities. Buyers are to do their own due diligence with regards to the information provided.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
729307
Type:
Retail
Subdivision:
Hilo Town
Year built:
1944
Courtesy: Hilo Farmers Market Realty LLC Keith De La Cruz 808-990-8090
View additional info

ADDITIONAL INFORMATION

High visibility corner location, entrance to historic downtown Hilo and adjacent to the Hilo Farmers Market and Shell gas station. High traffic corridor. Average Annual Daily Traffic count is 9,780 (D.O.T. 2024). Unique, meaning the only stand alone building on Kamehameha Ave in downtown Hilo with a gated, open lanai with expansive ocean and park views, perfect for a cafe or tourist activity service. In addition to rarity, a fenced rear lot for several parking stalls, food trailer, or outdoor storage. Located just across Kamehameha Ave. is Mooheau bandstand, bus station and park. Open Hilo bay views. In 2025, Hawaii DBEDT reported approximately 1.32 million visitors in the first 9 months to Hawai'i island. It is estimated that roughly 20-30% or 264,000 to 396,000 visited the downtown Hilo area. CDH- commercial downtown Hilo zone, one of the highest and dense use zoning allowed on the Hawai'i Island. Perfect for owner- user with mid- long term business model. Be a part of this thriving, waterfront, business community with this highly desirable opportunity! SMA zone

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
728686
Type:
Office
Subdivision:
Waiakea House Lots 2nd Series
Year built:
1973
Courtesy: Iokua Real Estate Misti Tyrin 808-756-8811
View additional info

ADDITIONAL INFORMATION

Excellent opportunity to own a solid income producing property in a mixed use, high traffic, highly visible area great for investors or owner occupants alike. Property is currently home to a single use tenant (lease in place thru February 1, 2029) but has been home to multiple tenants in the past with parking in both the front and back of the building plus separate electric meters renting to multiple tenants is simple. Front office and back warehouse with mezzanine each have their own entrances and are already conveniently separated with connecting interior access via hallway to 2 half bathrooms. Front office space is currently built out with 7 private offices, common area with cubicles, and break room. Recent updates include new roof in March 2024, new air conditioning compressor in September 2018, and 135 PV panels with 3 inverters in December 2014 Interior showings will be granted to qualified Buyers only; please be prepared to provide proof of cash funds or pre-approval letter from a reputable lending institution. DO NOT DISTURB CURRENT OCCUPANTS The information herein while deemed reliable may contain inaccuracies and is provided without warranty or guarantee of any kind. Buyer and Buyer's agent to do due diligence. Agents and buyers are advised to independently verify any information they deem material or important to the decision to purchase the property including, but not limited to, the condition, permits and square footage of the property. Square footage is approximate and should be verified by an appraisal.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
727849
Type:
Office
Subdivision:
Kukuau - 1st
Year built:
1990
Courtesy: Corcoran Pacific Properties Karen Bail 808-936-4640
View additional info

ADDITIONAL INFORMATION

Looking for office space? Why lease when you can own? Ululani Professional Center is a well-located, four-unit fee simple office condominium in Hilo, offering a rare opportunity to own professional office space. Unit #4 is now available—an uncommon chance for professionals in Hilo to secure ownership in a limited inventory building. This front, corner unit features double main entrances and was formerly used as a law office. The flexible floor plan includes multiple private offices, cubicle areas, a conference room, kitchenette, and storage closets. Coved and vaulted ceilings create an open, spacious feel, and the original design incorporated features suitable for future conversion to a medical office. Ample paved parking is located just outside this corner unit. Two main entry doors allow for the potential of subleasing, while a rear entry provides added convenience. Conveniently located near the Central Police Station, shopping, dining, and State and County offices. Enjoy the added perk of a short three-minute walk to one of Hilo’s most popular gyms. The property is part of a very reasonably priced, self-managed association. Opportunities to own fee simple professional office space in Hilo are limited—this is a compelling option for professionals looking to control their future. Easy to see.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
725231
Type:
Office
Year built:
1965
Courtesy: Century 21 Homefinders of Hawaii Reyn Shimooka 808-990-8325
View additional info

ADDITIONAL INFORMATION

***Big Price Reduction!!*** Rare offering for commercial office space of this size at the well-established Kukuau Plaza. Priced below assessed value! Great central location in Hilo town with high traffic in a building that hosts multiple businesses, restaurant, bar and more. Fiber optic connected for high-speed internet, with water and sewer available for a new bathroom or sink. Newer AC installed and office features a break room and storage room or another private office in back and main office in front. Lots of ample parking for customers and did I say amazing location?

Beds:
n/a
Baths:
6.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
722978
Type:
Business Opportunities
Subdivision:
Warehouse Lots
Year built:
1951
Courtesy: Real Broker Ellada Perepechaev 808-333-8206
View additional info

ADDITIONAL INFORMATION

SELLER IS MOTIVATED and OFFERING SELLER FINANCING. Property offers both residential and commercial use. The upper level includes a 4-bedroom, 1.5-bath home with approx. 1,824 sqft of living area. The lower level consists of 8 separate storage/closet areas plus a large studio with a kitchenette and an additional room attached with approx. 1,107 sqft An attached commercial warehouse is currently configured as an auto repair shop. The front bay is approx. 2,775 sqft, and 920 sqft of second-level warehouse space. A covered lanai at the rear of the warehouse provides added utility. In total, the property includes over 6,626 sqft of covered area. Per MLS data, there are no other active listings with a warehouse in the Warehouse Lots subdivision of Keaukaha, Hilo. The seller may also consider selling tools and equipment. Square footage may not match county records; buyers and agents to verify all material facts and conduct their own due diligence.

Beds:
n/a
Baths:
3.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
721902
Type:
Retail
Subdivision:
Waiakea
Year built:
1962
Courtesy: Aloha Sotheby's Intl Realty - Hawai'i James Francis Hanley 808-652-0500
View additional info

ADDITIONAL INFORMATION

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

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
721953
Type:
Office
Subdivision:
Kukuau - 1st
Year built:
1995
Courtesy: Pacific Image Properties Tony Wang 808-386-5548
View additional info

ADDITIONAL INFORMATION

Exceptional opportunity to acquire a well-maintained, two-story commercial building currently under a True Triple Net (NNN) long-term lease with a single tenant. Encompassing approximately 11,996 square feet of ADA-compliant interior space, the building features an elevator, multiple private offices, conference rooms, and flexible-use spaces—some previously configured for residential use. Both floors include central reception areas, men’s and women’s restrooms, with showers located on the ground floor. A dedicated laundry room with washer/dryer hookups adds further utility. Offering a solid return on investment with a current annual cap rate of 6.78%, this property presents a rare chance for income-focused investors. The tenant pays all property taxes and maintenance costs, and the lease includes scheduled rent increases tied to the Honolulu annual CPI, ensuring a strong, inflation-adjusted income stream. Strategically located on Ululani Street directly across from the Hilo Police Department, this property is outside the Tsunami Evacuation Zone and offers a south-facing front entrance—a desirable attribute for those mindful of Feng Shui. The building’s design and history of use provide exceptional versatility. It has served as a residential medical treatment center, extended educational facility for the University of Hawaii, and temporary offices for County of Hawaii mayors. A new air conditioning system was installed in 2024, adding further value and comfort for current and future occupants. Secure, paved, off-street parking is included. Its downtown Hilo location offers convenience to government offices, legal centers, and medical facilities. Please do not disturb the tenant or access the property without authorization. No site visits permitted.

Beds:
n/a
Baths:
3.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
721952
Type:
Office
Subdivision:
Punahoa 1st & 2nd
Year built:
1995
Courtesy: Pacific Image Properties Tony Wang 808-386-5548
View additional info

ADDITIONAL INFORMATION

Medical building with elevator, ADA accessible, reception area, conference room, doctor's offices. 6 examination rooms, staff room and kithen. Lots of parking on site and street. Built in 1995. CN-10 Zoned. Pictures were taken befor tenant move out.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
720935
Type:
Business Opportunities
Subdivision:
Hilo Town
Year built:
1931
Courtesy: Arabel L Camblor Realty Alex Camblor 808-333-8202
View additional info

ADDITIONAL INFORMATION

This is a leasehold property. Orchid Land Surfboards, a beloved fixture in the Big Island surf community for 53 years. Now, for the first time in its history, this beloved institution is being offered for sale. This well-established and locally loved retail business offers a prime bayfront location with high visibility, strong foot traffic, and easy access to parking and neighboring shops. The shop is well-positioned to capture tourist sales with minimal extra investment. The vibrant storefront features a curated selection of surfboards, boogie boards, beachwear, swimwear, accessories, and locally made goods, attracting both residents and visitors who appreciate Hawaii’s surf and beach culture. Orchid Land's original tees are worn with pride across the islands. Step inside and enjoy viewing the walls of memorabilia collected over the years. Founded and operated by Stan Lawrence, he refers to it as his museum. This is more than a business - it's a place people return to, year after year, for boards, gear and connection. Hilo welcomes weekly cruise ships with 2,000+ passengers, plus regular island visitors. Built-in marketing advantage: the shop’s daily surf report, broadcast seven times a day on four local radio stations, includes the store’s name in every update—providing valuable, no-cost exposure to thousands of listeners daily. The familiar voice of the legend himself is heard every day. Sale includes inventory, fixtures, branding, and established vendor relationships. Step right in and ride the wave of Hawaii’s year-round surf lifestyle. An exceptional opportunity for an owner-operator or investor looking to expand in Hawaii’s thriving lifestyle retail market. Untapped online sales potential. The shop is waiting for the right person to launch an online store. Don’t miss this rare chance to own an iconic piece of Big Island surf history. **This is a business sale only and does not include real property.**

Beds:
n/a
Baths:
4.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
719531
Type:
Retail
Subdivision:
Waiakea House Lots 1st Series
Year built:
2017
Courtesy: Lau & Associates LLC Steven Lau 808-223-0074
View additional info

ADDITIONAL INFORMATION

This is a leasehold property. Prime commercial property for sale (leasehold) on busy Kanoelehua Ave., just minutes to Hilo International Airport. The center is known as Lehua Center and includes four retail spaces totaling 5,992 sq. ft. of leasable area. Each space has it's own private restroom and is individually metered for electricity. There are 25 parking stalls. The land area is 21,050 sq. ft. and is zoned MCX-20. The original 60 year ground lease has approximately 44 years remaining with known ground rents until 8/31/29. The fee is not available, but there is a first right of refusal. The entire property is leased to a single tenant until September 30, 2027. That tenant in turn subleases the individual spaces. Lessor is responsible for building exterior repairs and common area maintenance. Lessee is responsible maintaining the interior spaces. Priced below 2023 appraisal. Please DO NOT disturb tenants. Offer subject to inspection.

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Jeanne-Marie Yamamoto, License RB-20954, Xome Inc., License RB-21280, [email protected], 844-400-XOME (9663), 905 Kalanianaole Hwy, #5008, Kailua, HI 96734


© Copyright 2026 , Hawaii Information Service. All rights reserved. This information includes properties represented by Xome and 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.



Hilo Real Estate

Hilo is located in Hawaii. Hilo, Hawaii has a population of 46,559. Hilo is less family-centric than the surrounding county with 24.55% of the households containing married families with children. The county average for households married with children is 25.67%.

The median household income in Hilo, Hawaii is $70,356. The median household income for the surrounding county is $68,399 compared to the national median of $69,021. The median age of people living in Hilo is 39.9 years.

Hilo Weather

The average high temperature in July is 81 degrees, with an average low temperature in January of 63 degrees. The average rainfall is approximately 143.1 inches per year, with 0 inches of snow per year.

Hilo Map

Hilo Real Estate Market Conditions

  • Median sales price

    $530,000
    22%
    change since last quarter
  • # Active listings

    186
    30-day change

Hilo Schools and Demographics

Education near Hilo, HI

City County
High School Graduates 94.03 92.82
College Degree - 2 year 13.57 11.37
College Degree - 4 year 34.09 30.17
Graduate Degree 7.24 6.96
Expenditures per Student 17,751 17,751
Students per Teacher 14.4 14.4

Elementary Schools near Hilo, HI

Grades Students P/T Ratio ZIP
Chiefess Kapiolani Elementary School PK - 06 345 13.8 96720
Ernest Bowen Desilva Elementary School PK - 06 441 19.2 96720
Haaheo Elementary School PK - 06 192 19.2 96720
Hilo Union Elementary School PK - 06 458 13.5 96720
Kaumana Elementary School PK - 06 298 18.6 96720
KE KULA O Nawahiokalaniopuu IKI - Laboratory PCS KG - 08 294 13.1 96749
Keaau Elementary School PK - 05 805 17.5 96749
Keaukaha Elementary School PK - 06 384 14.2 96720
Mountain View Elementary School PK - 05 504 15.8 96771
Na WAI Ola - PCS KG - 06 172 19.1 96771
Prince Jonah Kalanianaole Elementary & Intermediate School PK - 08 286 15.1 96781
Waiakea Elementary School PK - 05 814 17 96720
Waiakeawaena Elementary School PK - 05 667 15.2 96720

Middle Schools near Hilo, HI

Grades Students P/T Ratio ZIP
Hilo Intermediate School 07 - 08 470 15.2 96720
Keaau Middle School 06 - 08 629 15.7 96749
Waiakea Intermediate School 06 - 08 848 14.9 96720

High Schools near Hilo, HI

Grades Students P/T Ratio ZIP
Hilo High School 09 - 12 1,224 16.2 96720
KE Ana Laahana - PCS 07 - 12 45 11.3 96720
Keaau High School 09 - 12 871 14.3 96749
Waiakea High School 09 - 12 1,219 16.4 96720

Ungraded Schools near Hilo, HI

Grades Students P/T Ratio ZIP
Connections - New Century PCS KG - 12 350 13.7 96720
Ka Umeke KAEO - PCS KG - 12 260 13.3 96720
Laupahoehoe Community - PCS PK - 12 251 14.1 96764

Demographics near Hilo, HI

City County
Neighborhood Type Suburban
Population 46,559 200,468
Population Density 872 50
Median Age 39.9 43
People per Household 2.8 2.8
Median Household Income 70,356 68,399
Average Income per Capita 34,678 33,913

Real estate near Hilo