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300-302 Kamehameha Ave 7,372 SF 100% Leased Retail Building Hilo, HI 96720 $1,890,000 ($256.38/SF) 6.31% Cap Rate

Storefront Properties Hawaii Hilo 300-302 Kamehameha Ave, Hilo, HI 96720

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INVESTMENT HIGHLIGHTS

  • High foot traffic, High visibility

EXECUTIVE SUMMARY

Property consists of 3 separate parcels TMK's 3-2-3-8-13,14 & 15. Leasable area and land area reflect total square footage of all three parcels and buildings.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
7,372 SF
Building Class
B
Year Built/Renovated
1958/1990
Price
$1,890,000
Price Per SF
$256.38
Cap Rate
6.31%
NOI
$119,291
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.84
Lot Size
0.20 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CDH - (downtown Hilo commercial) district. high density area for retail shopping, professional and administrative activities, cultural and arts activities.
Frontage
417’ on Kamehameha Ave

AMENITIES

  • Bus Line
  • Signage
1 1
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Starbucks
Central Pacific Bank
American Savings Bank
Sack 'N Save Foods
L & L Hawaiian Barbecue
Ufc Gym
HomeStreet Bank
First Hawaiian Bank

PROPERTY TAXES

Parcel Number 3-2-3-008-015-0000 Improvements Assessment $195,300
Land Assessment $133,400 Total Assessment $328,700

PROPERTY TAXES

Parcel Number
3-2-3-008-015-0000
Land Assessment
$133,400
Improvements Assessment
$195,300
Total Assessment
$328,700
(808) 936-0692

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Contact the broker for more information about this property

CONTACT

  • Glenn Takase
    Glenn Takase

  • Listing ID: 38272503

  • Date on Market: 10/30/2025

  • Last Updated:

  • Address: 300-302 Kamehameha Ave, Hilo, HI 96720

More public record information on 300-302 Kamehameha Ave, Hilo, HI 96720

The Retail Property at 300-302 Kamehameha Ave, Hilo, HI 96720 is currently available for Sale. Contact Coldwell Banker Island Properties for more information.

NEARBY LISTINGS

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300-302 Kamehameha Ave
(808) 936-0692 x

300-302 Kamehameha Ave

Glenn Takase
(808) 936-0692

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