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744 Kamehameha Avenue - Shell Gas Station, Hilo, HI

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744 Kamehameha Avenue - Shell Gas Station

Hilo, HI 96720 - Hilo/East Big Island Submarket

Property Type:Retail Sub Type:Service Station Status:Existing Year Built:1961
Building Size:1,404 SF Land Area:.4 AC (17,424 SF)
For Sale Price:$900,000 Price/SF:$641.03
Cap Rate:-

Present building comprises approximately 1,404 SF with a canopy. Ideal for fast food or other retail use. Shell Oil will ensure that the property is conveyed "free and clear" of any environmental issues.

Former Shell Oil Station on Hilo Bay. Lies in Tsunami Zone. Surrounding area is large regional park and two gasoline stations. There shall be a petroleum restriction, including gasoline and related lubricants, on Buyer for a period of ten (10) years.

Sale Notes:

Prime Corner Lot in HILO with dual ingress/egress.
Vacant convenience store ready to use....OR bring your redevelopment plans.
Formerly Texaco/Circle K & Shell Gas/Shellmart.
Underground Storage Tanks successfully removed by Shell Gas Station in 2004.

HIGH TRAFFIC LOCATION (1/2 way between Hilo Airport & Downtown Hilo Bayfront)

Newmark Grubb CBI, Inc.
Scott Eden
(808) 441-0537

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