1031 Exchange

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Honolulu, HI Hilo, HI Waialua, HI Lahaina, HI Pahoa, HI Mountain View, HI Kailua Kona, HI Kahului, HI
Bayfront Retail and Office Building
Updated: Apr 11
Bayfront Retail and Office Building

116 KAMEHAMEHA AVE, Hilo, HI 96720

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Fee simple mixed‑use building with 6 fully occupied units: 2 storefronts and 4 upstairs office/small business rentals
First‑floor storefronts are on busy Kamehameha Ave between Waianuenue Ave and Kalakaua St; one storefront has been a restaurant and is currently a cafe (cold kitchen)
Approximately 4,706 SF of retail business space across the two storefronts
Upstairs units overlook Hilo Bay with hardwood floors, natural light, and ocean‑breeze windows; month‑to‑month leases with a shared common bathroom
New roof installed April 2020; includes sustainable Durapon70 metal roofing panels with an Energy Star‑rated heat‑reflective finish
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