OLD AMERICAN BAKERY BUILDING & HILO BAY BUILDING
HILO, HAWAII
Prime Commercial Opportunity in Hilo, Hawaii:
A Unique Blend of Food Businesses, Office, and Retail Tenants
The landmark Hilo Bay Building and American Bakery complex is an iconic and historic property, including an expansive 250 feet of commercial storefronts featuring a variety of specialty businesses in the heart of Downtown. This property showcases well-established retailers along Kamehameha Ave., the prime retail shopping corridor in Downtown Hilo, plus an entire second floor with 10 suites of office tenants, many with fantastic ocean views of Hilo Bay. This building is home to a vibrant mix of beauty, health, wellness, sports, and retail businesses, all served by two adjacent large private parking lots making this well-maintained property an attractive and fun place for locals and visitors alike. Add to that the Old American Bakery Building, now home to some of the best lunch shops in town, and you have the best investment opportunity today.
SALE PRICE: $6M
CAP RATE: 6%