1080 Kilauea Ave - Flex FOR SALE


Hilo, HI 96720
$1,975,000 USD
808-934-7050
1080 Kilauea Ave, Hilo, HI for Sale
$1,975,000 USD
Flex - FOR SALE
1/23
null | Request Cap Rate

1080 Kilauea Ave
Hilo, HI 96720


OVERVIEW

Excellent opportunity to own a solid income producing property in a mixed use, high traffic, highly visible area great for investors or owner occupants alike. Property is currently home to a single use tenant (lease in place thru February 1, 2029) but has been home to multiple tenants in the past with parking in both the front and back of the building plus separate electric meters renting to multiple tenants is simple. Front office and back warehouse with mezzanine each have their own entrances and are already conveniently separated with connecting interior access via hallway to 2 half bathrooms. Front office space is currently built out with 7 private offices, common area with cubicles, and break room. Recent updates include new roof in March 2024, new air conditioning compressor in September 2018, and 135 PV panels with 3 inverters in December 2014 Interior showings will be granted to qualified Buyers only; please be prepared to provide proof of cash funds or pre-approval letter from a reputable lending institution. DO NOT DISTURB CURRENT OCCUPANTS

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$209 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

ADD'L SUBTYPES

undefined, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.34

LAND SF

14,692

ZONING

CG-7.5

APN/PARCEL ID

3-2-2-021-045-0000

ASK ABOUT THIS PROPERTY

Misti TyrinIokua Real EstateMore Info
808-934-7050

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Misti TyrinIokua Real EstateMore Info
808-934-7050

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.