260 Kamehameha Ave - Storefront FOR SALE
Hilo, HI 96720 |
260 Kamehameha Ave
Hilo, HI 96720
HIGHLIGHTS
- Prime Location | High visibility and foot traffic along the Hilo Bayfront with popular and stable tenant mix
- Value-Added Potential | Opportunity to increase NOI through CAM restructuring and rental rate adjustments for food operators
- Stable Income | High occupancy with a history of stable cash flow, supported by long-term tenants and growing local demand
- Strategic Investment | Opportunity Rare chance to own a well maintained buildings in a growing market, ideal for 1031 exchange buyers
- Substantial Parking Onsite | Private parking is available onsite, a rare and highly desirable feature in Downtown Hilo Bayfront.
- Turnkey Asset | Recent roof improvements, minimizing immediate known capital expenditure requirements for new owners
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Hilo Bay Portfolio
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
TOTAL BUILDING SIZE
12681
STORIES
2
YEAR BUILT
1931
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
-
ZONING
-
APN/PARCEL ID
3-2-3-008-028-0000
