744 Kamehameha Ave - Auto Dealership FOR SALE


Hilo, HI 96720
$1,990,000 USD
808-933-1000
744 Kamehameha Ave, Hilo, HI for Sale
$1,990,000 USD
Auto Dealership - FOR SALE
1/7
null | Request Cap Rate

744 Kamehameha Ave
Hilo, HI 96720


HIGHLIGHTS

  • Highest Traffic Corridor in Hilo with 3 main highways converging in front of this corner lot. 23,107 Average Annual Daily Traffic.
  • Corner lot, High visibility, 1 of only 2 commercially zoned properties on this busy corner near State, Federal offices, hotels, retail, parks, beach
  • Underground Storage Tanks have been removed and final Environmental reports have been done.

OVERVIEW

Rare, prime commercial property, central location in the town of Hilo. High visibility, high traffic corner situated along main corridor Kamehameha Ave. / Hawai'i Belt Rd. Average Annual Daily Traffic is 12,693 on Kamehameha Ave. and 9,121 on Pauahi St., and 23,107 on Hawaii Belt Rd to Kamehameah Ave. South. (D.O.T.2024) 8 minutes to Hilo International Airport. Ideal for Drive Thru Food Service, Tour Activities, Retail, Contractor, or redevelopment. Within 5 minutes walking distance to Federal, State, County offices, Hilo Farmers Market, banks, stores, restaurants, offices, Hilo Bayfront Beach Park, canoe houses, boat ramp, docks, King Kamehameha the Great statue, Naniloa Golf Course, Lili'uokalani Gardens and Hilo Hawaiian Trademark Hotel, and the Grand Naniloa Hotel Double Tree by Hilton. Shoreline Management Area (SMA) zone. Located in the center of Wailoa Park. Very rare investment opportunity. Formerly a retail / gas outlet Underground tanks were removed and Environmental studies completed. Vacant, easy to show on short notice. Call or text for fastest response. Being sold in "as is' condition. Seller will not make repairs or credits. Buyer to perform all inspections and due diligence. Information herein is deemed reliable but not guaranteed. 1. Property also available for Lease or Lease with option to buy. 2. Military 6x6 Truck (about 600+ mileage) parked in front for sale Includes ATV in garage. $25k.

FOR SALE DETAILS

PRICE

$1,990,000 USD

PRICE/SF

$1,417 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Convenience Store, Fast Food, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,705 SF

ZONING

CG-7.5

APN/PARCEL ID

3-2-2-004-060-0000

ASK ABOUT THIS PROPERTY

Keith De La CruzHilo Farmers Market Realty, LLCMore Info
808-933-1000

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Keith De La CruzHilo Farmers Market Realty, LLCMore Info
808-933-1000

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