138 Kamehameha Ave - Storefront FOR SALE


Hilo, HI 96720
$1,690,000 USD
808-298-4676
138 Kamehameha Ave, Hilo, HI for Sale
$1,690,000 USD
Storefront - FOR SALE
1/8
null | Request Cap Rate

138 Kamehameha Ave
Hilo, HI 96720


HIGHLIGHTS

  • High foot traffic and visibility
  • Prime Investment opportunity
  • Opportunity zone

OVERVIEW

PROPERTY DESCRIPTION: AMAZING VALUE. Uncover a prime investment opportunity with this distinguished 18,539 SF retail building in historic downtown Hilo. Boasting a cherished 1941 pedigree, the property radiates timeless charm and character, offering a versatile retail space with prominent street frontage in a proven commercial area. Its strategic location on Kamehameha Avenue ensures high foot traffic and abundant parking availability, making it a coveted destination for retailers seeking a thriving customer base. Don't miss the chance to own a piece of Hilo's rich history while capitalizing on the potential for retail success in this coveted locale. BIG PRICE REDUCTION!!! Down to $1,690,000 from $1,900,000! Discover the vibrant potential of Hilo, HI, with the location of the property at 138 Kamehameha Avenue. Situated in the heart of historic downtown Hilo, this area offers a unique blend of culture, history, and commerce. Just steps away from the property, investors will find renowned local attractions such as the Hilo Farmers Market, Pacific Tsunami Museum, and numerous charming shops and eateries lining the bustling Kamehameha Avenue. With a rich tapestry of local businesses and a steady stream of visitors, Hilo presents an exciting opportunity for retail and street retail investors looking to become part of a dynamic and thriving community. INVESTMENT HIGHLIGHTS: Uncover a prime investment opportunity with this distinguished 18,539 SF retail building in historic downtown Hilo. Boasting a cherished 1941 pedigree, the property radiates timeless charm and character, offering a versatile retail space with prominent street frontage in a proven commercial area. Its strategic location on Kamehameha Avenue ensures high foot traffic and abundant parking availability, making it a coveted destination for retailers seeking a thriving customer base. Don't miss the chance to own a piece of Hilo's rich history while capitalizing on the potential for retail success in this coveted locale.

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

CROSS STREETS

Kalakaua Street

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

CDH

APN/PARCEL ID

3-2-3-007-009-0000

ASK ABOUT THIS PROPERTY

Chris MillenColdwell Banker CommercialMore Info
808-298-4676

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Chris MillenColdwell Banker CommercialMore Info
808-298-4676

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