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580 Kilauea Ave
Hilo, HI 96720
Burger King · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
1,852 SF
Building Class
B
Year Built
1978
Tenancy
Single
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.08
Lot Size
0.54 AC
Zoning
CG - Commercial Retail
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
235’ on Hualalai St

AMENITIES

  • Corner Lot
  • Drive Thru

ABOUT 580 KILAUEA AVE , HILO, HI 96720

RARE OPPORTUNITY Free standing facilities, with drive thru on a signalized intersection are in short supply in the Hawaii market. Site includes approximately 15 parking stalls and a large grassy area for tenants use. 580 Kilauea Avenue is an excellent opportunity to locate in the downtown Hilo market, for a variety of user types. THE HILO MARKET: SOME OF THE HIGHEST HAWAII PER STORE SALES VOLUMES The Hilo market yields some of the highest Hawaii per store sales volumes for many retail outlets. This is due to a mature population base with higher than average savings. Further Hilo is "starved" for entertainment and restaurant alternatives. Limited availability equates to limited competition. Today’s consumer is drawn to convenience, which this site offers. Take advantage of the opportunity. LOCATION This sub market historically offers few alternatives for this type of location. Across the street from county offices and Longs/CVS. Adjacent to Panda Express (under construction), Starbucks and Ace Hardware. Located at the intersection to access Mamalahoa highway and the historic downtown Hilo shopping district. OPPORTUNITY ZONE The site is located inside opportunity zone 204. Benefits to Investors for Opportunity Zone Programs: temporary tax deferral, step-up in basis & permanent exclusion from taxable income of capital gains.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 3-2-2-016-013-0000
  • 3-2-2-016-015-0000
  • 3-2-2-016-014-0000
Land Assessment
$463,900
Improvements Assessment
$337,500
Total Assessment
$801,400
  • Listing ID: 17233245

  • Date on Market: 9/18/2019

  • Last Updated:

  • Address: 580 Kilauea Ave, Hilo, HI 96720

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