High visibility corner location, entrance to historic downtown Hilo and adjacent to the Hilo Farmers Market and Shell gas station. High traffic corridor. Average Annual Daily Traffic count is 9,780 (D.O.T. 2024). Unique, meaning the only stand alone building on Kamehameha Ave in downtown Hilo with a gated, open lanai with expansive ocean and park views, perfect for a cafe or tourist activity service. In addition to rarity, a fenced rear lot for several parking stalls, food trailer, or outdoor storage. Located just across Kamehameha Ave. is Mooheau bandstand, bus station and park. Shoreline Management Area (SMA). Open Hilo bay views. In 2025, Hawaii DBEDT reported approximately 1.32 million visitors in the first 9 months to Hawai'i island. It is estimated that roughly 20-30% or 264,000 to 396,000 visited the downtown Hilo area. CDH- commercial downtown Hilo zone, one of the highest and dense use zoning allowed on the Hawai'i Island. Perfect for owner- user with mid- long term business model. Be a part of this thriving, waterfront, business community with this highly desirable opportunity! Available for lease with option to purchase or lease.