138 Kamehameha Ave 18,539 SF 2% Leased Retail Building Hilo, HI 96720 $2,426,070 CAD ($130.86 CAD/SF)

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.