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.
Welcome to Hilo Lagoon Centre—an ideal setting for your business office! Join a distinguished community of professionals, including Realtors, attorneys, therapists, med spa specialists, and more. Unit 117 was fully renovated in 2021, including updated flooring, modern light fixtures, fresh paint, and a newly installed sink. The popcorn ceiling has been removed, and a new A/C unit was installed in 2024. Open the sliding glass door to the private balcony and enjoy the relaxing sound of water trickling down the rocks and a serene view of the koi pond. And relax during your breaks or after work at the refreshing in-ground pool, complete with private bathrooms, showers, and a BBQ area for gatherings with friends and family. The monthly fee includes electric, water, sewer, trash collection, and maintenance of the grounds and common areas. You’ll have access to a spacious conference room for meetings and seminars, and the building features 24/7 security for your safety. Additionally, the bottom floor, where Unit 117 is located, is secured with robust glass doors which are locked each evening by the security team for extra peace of mind. * According to the original CC&Rs, this unit previously had a bathroom, however, currently only a sink is installed. It may be possible to install a bathroom again; Buyer and Buyer's Agent to perform their own due diligence with regards to this matter. The information herein, while deemed reliable, may contain inaccuracies and is provided without warranty or guarantee of any kind. Buyer and Buyer's Agent are advised to independently verify any information they consider important.
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.
Large Commercial office space located in Waiakea Villas. This office has 6 exam rooms with individual sinks, one half bath, two reception areas, separate office, storage closet, and waiting room. There is a shared onsite in-ground pool that is available. Office furnishings are available for purchase. The monthly maintenance fee of $1213,71 includes water, electric, sewer, trash, grounds upkeep, pool maintenance, bulk internet, insurance, etc. There are also monthly reimbursements for common electric: $161,26, Gas: $76.20, Sewer: $176.33, Water: $75.13, meter reading fee of $5.00 and reserve contribution of $118.45. That brings the monthly total to $1826.08. The property is managed by Touchstone Properties: [email protected]. There is an onsite contact Cherie Atkins: 8008-961-3239 and security servailance.
PRIME COMMERCIAL OFFICE SPACE, FULLY-FURNISHED! KUKUAU PLAZA, HILO! GREAT CENTRAL LOCATION! BE SURE TO VIEW THE VIRTUAL TOUR VIDEO! Immaculate and well-maintained commercial office space in the Kukuau Plaza, being sold fully-furnished (see attached furniture list in Addenda), making moving into your new office extremely convenient! Suite 209 includes 4 office spaces, a front reception area, large open work area, storage/kitchen, and one of the few units that have a half-bath (toilet & sink) within the office. There's also men's/women's common area restrooms at various locations in the building. Many other professional businesses are located in the Kukuau Plaza. Ample parking for both business owners and clients/visitors. The information herein is believed to be correct but may contain inaccuracies and is provided without warranty or guarantee of any kind. Agent and Buyers must independently verify any information they deem material or important to their purchase or any offered price thereunder. Square footage should be confirmed.
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. 3,000 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. An attached commercial warehouse is currently configured as an auto repair shop. The front bay is approx. 704 sqft, with an additional 880 sqft section adjacent and 880 sqft of second-level warehouse space. A covered lanai at the rear of the warehouse provides added utility. In total, the property includes over 5,400 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. Buyers and agents to verify all material facts and conduct their own due diligence.
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 is a leasehold property. Unique and spacious location overlooking Kalakaua Park in downtown Hilo. This space has been home to a successful restaurant for many years and now it's ready for your dream of running your own restaurant to come true. Space comes fully furnished along with full kitchen set up and equipment.
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.
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.
Located in prestigious Hilo Lagoon Centre. Sale includes 3/2-2-14:010-25&26. Total square footage is 1,518 sqft. Current CAM for 2025 are $850.32/month for unit 128 and $1,031.29/month for unit 129. The CAM charges include payment for electricity, water, & sewer and reserve fund assessment. The units have separate entrance doors and could be utilized by two businesses. There are a total of five private offices, a kitchen, and a bathroom with a shower. The units have two reserved parking stalls and two that are "floating". The units are currently vacant, but very usable in current condition.
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.**
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.
FINEST OFFICE space Fully Air Conditioned with Central AC, NEW Handler. Perfect overlooking koi pond, Building has 24/7 security. Next to State bldg in HILO LAGOON CENTER. Next to beautiful park. I should know, my office has been next door to this offering since 1992. Vacant and ez to show. SINK just installed.
This is a leasehold property. If you ever dreamed about owning your own business, this may be the opportunity you've been waiting for. Successful and established turnkey business with the perfect high traffic location and parking!
Great opportunity to own an apartment building in walking distance to downtown Hilo where you will find all of the amenities including the farmer's market, local eateries, grocery stores, post office, boutique shops, etc. Next door to Jump Start Preschool. Just a short drive from medical facilities, airport, and Hilo Hospital. Hilo Bay and Honolii Beach Park are known as popular surf spots. Hilo Bay is a short stroll from the apartment complex. Includes laundry facilities and mail boxes. Apartments consist of 22-Units on three parcels: 307 Lehua St (TMK 3-2-6-004-038) Six Units: - Studio / 1 Bath, Range w/ Oven, Refrigerator 311 Lehua St (TMK 3-2-6-004-008) Two Story Duplex: - One 3 Bed / 2 Bath - One Studio / 1 Bath / Covered Lanai / Ocean Views 127 Puueo St (TMK 3-2-6-004-039) Two Story Building with 14 - Units: - Two 1 Bed / 1 Bath Units, Range w/ Oven, Refrigerator - Six Studios / 1 Bath, Range w/ Oven, Refrigerator - Three Studios / 1 Bath, Microwave, Hot Plates / Refrigerator - Three Studios / 1 Bath, Microwave, Refrigerator
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.
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.
