138 Kamehameha Ave | Hilo, HI 96720
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- LoopNet Team
138 Kamehameha Ave
Hilo, HI 96720
Ocean Front Commercial · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Waterfront, corner lot property in Downtown Hilo with a traffic count of over 28,000 vehicles per day.
- High visibility with building signage opportunity in a prominent retail corridor, just 2.4 miles from the University of Hawaii at Hilo.
- Located in a strong market with $560.4 M in total consumer spending and a median household income of $63,283.
- Excellent owner-user opportunity to occupy a storefront retail building in a growing Hilo market with a population of 49,425 within five miles.
- Significant value-add or redevelopment project with a variety of potential uses including restaurant and mixed-use condos with retail.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
17,978 SF
Building Class
C
Year Built
1941
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.33
Lot Size
0.31 AC
Zoning
CDH - Downtown Hilo Commercial District
Parking
25 Spaces (1.35 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Waterfront
PROPERTY TAXES
| Parcel Number | 3-2-3-007-009-0000 | Improvements Assessment | $1,113,100 |
| Land Assessment | $365,400 | Total Assessment | $1,478,500 |
PROPERTY TAXES
Parcel Number
3-2-3-007-009-0000
Land Assessment
$365,400
Improvements Assessment
$1,113,100
Total Assessment
$1,478,500
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