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1080 Kilauea Ave 9,455 SF Flex Building Hilo, HI 96720 $1,975,000 ($208.88/SF)
Executive Summary
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
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
Property Facts
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 3-2-2-021-045-0000 | Improvements Assessment | $848,300 |
| Land Assessment | $352,300 | Total Assessment | $1,200,600 |
Property Taxes
Parcel Number
3-2-2-021-045-0000
Land Assessment
$352,300
Improvements Assessment
$848,300
Total Assessment
$1,200,600
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1080 Kilauea Ave
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