260 Kamehameha Ave | Hilo, HI 96720
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- LoopNet Team
260 Kamehameha Ave
Hilo, HI 96720
Hilo Bay Portfolio · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Location | High visibility and foot traffic along the Hilo Bayfront with popular and stable tenant mix
- Stable Income | High occupancy with a history of stable cash flow, supported by long-term tenants and growing local demand
- Substantial Parking Onsite | Private parking is available onsite, a rare and highly desirable feature in Downtown Hilo Bayfront.
- Value-Added Potential | Opportunity to increase NOI through CAM restructuring and rental rate adjustments for food operators
- Strategic Investment | Opportunity Rare chance to own a well maintained buildings in a growing market, ideal for 1031 exchange buyers
- Turnkey Asset | Recent roof improvements, minimizing immediate known capital expenditure requirements for new owners
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
12,681 SF
Building Class
C
Year Built
1931
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
1.08
Lot Size
0.27 AC
Zoning
3Z
Frontage
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 3-2-3-008-028-0000 | Improvements Assessment | $676,400 |
| Land Assessment | $352,000 | Total Assessment | $1,028,400 |
PROPERTY TAXES
Parcel Number
3-2-3-008-028-0000
Land Assessment
$352,000
Improvements Assessment
$676,400
Total Assessment
$1,028,400
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