Hilo, HI Commercial Real Estate for Sale

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Papaikou, HI Pepeekeo, HI Keaau, HI Kurtistown, HI Honomu, HI Hakalau, HI Mountain View, HI Volcano, HI
38 properties
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Mixed-Use Property with Auto Shop
Updated: Aug 24
Mixed-Use Property with Auto Shop

77 SILVA ST, Hilo, HI 96720

$875,000
5,464 sqft 0.23 AC lot
Upper‑level four‑bedroom, 1.5‑bath residence measuring approximately 1,824 square feet
Automotive repair setup with a front bay of approximately 2,775 square feet
Second‑level warehouse area of approximately 920 square feet
Lower level includes 8 storage or closet areas, a studio with kitchenette, and an additional room
0.2281‑acre site with MG‑1A zoning
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Two-Building Office Property
Updated: May 1
Two-Building Office Property

224 HAILI ST, Hilo, HI 96720

$1,650,000
4,816 sqft 0.44 AC lot
Two commercial buildings totaling 4,816 square feet
1,840‑square‑foot building occupied by a long‑term dental office tenant
Second building includes two occupied units totaling 2,976 square feet
16‑stall parking lot with assigned parking
0.4435‑acre parcel in Hilo near downtown
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Furnished Restaurant with Full Kitchen
Furnished Restaurant with Full Kitchen

110 KALAKAUA ST, Hilo, HI 96720

$250,000
8,548 sqft 0.42 AC lot

Leasehold restaurant space includes furnishings and kitchen equipment for continued restaurant use.

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Mixed-Use Property with Office Space
Mixed-Use Property with Office Space

640 Piilani St, Hilo, HI 96720

$859,000
712 sqft 0.21 AC lot

A two-bedroom home is paired with space for office or warehouse use in central Hilo.

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Two-Unit Office Suite
Two-Unit Office Suite

101 AUPUNI ST, Hilo, HI 96720

$429,000
1,518 sqft 4.36 AC lot

Separate entrances allow the office units to function independently for different businesses.

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Medical Office Space with Elevator
Medical Office Space with Elevator

126 PUUHONU WAY, Hilo, HI 96720

$2,280,000
4,557 sqft 0.23 AC lot

ADA-accessible medical facility with treatment rooms, professional work areas, and covered parking.

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Two-Story NNN Office Building
Two-Story NNN Office Building

891 ULULANI ST, Hilo, HI 96720

$3,238,000
11,996 sqft 0.57 AC lot

ADA-compliant commercial offices leased to one tenant under a long-term True Triple Net agreement.

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Multi-Building Flex Property
Multi-Building Flex Property

913 KANOELEHUA AVE, Hilo, HI 96720

$6,195,000
31,836 sqft 1.38 AC lot

Fee-simple commercial property combines warehouse, office, retail, and industrial occupancy across three buildings.

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Commercial Land with Resort Zoning
Commercial Land with Resort Zoning

KALANIANAOLE AVE, Hilo, HI 96720

$625,000
0.82 AC lot

V-.75 zoning supports consideration of hotel resort uses, subject to applicable county requirements.

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Commercial Land with Resort Zoning
Commercial Land with Resort Zoning

LAEHALA ST, Hilo, HI 96720

$550,000
0.89 AC lot

The site carries V-.75 zoning with electricity available.

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Commercial Buildings with Parking Lot
Commercial Buildings with Parking Lot

224 HAILI ST, Hilo, HI 96720

$1,650,000
4,816 sqft

Two commercial buildings with a 16-stall parking lot.

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Agricultural Land with Water Meter
Agricultural Land with Water Meter

250 LAULA RD, Hilo, HI 96720

$489,000
9.95 AC lot

Nearly ten acres of tropical agricultural land with public water service and overhead electric power available.

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Office Unit with Break Room
Office Unit with Break Room

688 KUKUAU PLAZA, Hilo, HI 96720

$250,000
1,217 sqft

Configured with a front office, rear private room, newer AC, and fiber-optic connectivity.

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Restaurant Leasehold with Full Kitchen
Restaurant Leasehold with Full Kitchen

110 Kalakaua St, Hilo, HI 96720

$250,000
8,548 sqft

Leasehold restaurant space with full kitchen setup, equipment, and furnishings, overlooking Kalakaua Park in downtown Hilo.

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Resort-Zoned Commercial Land
Resort-Zoned Commercial Land

Hilo, HI 96720

$625,000
0.87 AC lot

V-.75-zoned land at a prominent corner near beach parks and the Hilo Yacht Club.

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V-.75 Zoned Commercial Land
V-.75 Zoned Commercial Land

Hilo, HI 96720

$750,000
0.81 AC lot

Corner-positioned land with paved-road access, municipal water, and electricity available in Hilo’s Keaukaha area.

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Two-Unit Office Property
Two-Unit Office Property

128129-101 Aupuni St, Hilo, HI 96720

$429,000
1,518 sqft

Separate entrances allow the adjoining units to function independently for two businesses.

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Mixed-Use Property with Warehouse
Mixed-Use Property with Warehouse

77 SILVA ST, Hilo, HI 96720

$875,000
5,464 sqft

The property combines residential quarters with commercial workspace and multiple storage areas.

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Bed & Breakfast with Certified Kitchen
Bed & Breakfast with Certified Kitchen

239 HAILI ST, Hilo, HI 96720

$1,490,000
3,882 sqft

Flexible interior combines private rooms and open collaborative areas for office, consultation, coworking, or hospitality uses.

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Corner Medical-Ready Office Condo
Corner Medical-Ready Office Condo

4-899 Ululani St, Hilo, HI 96720

$649,000
1,200 sqft

Own a flexible corner office with multiple entrances, private offices, and shared parking nearby essential local services.

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Leasehold Retail Property on Kanoelehua
Leasehold Retail Property on Kanoelehua

750 Kanoelehua Ave 4, Hilo, HI 96720

$1,350,000
5,992 sqft 0.48 AC lot

Leasehold retail property with single tenant, prime location.

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Four-Space Leasehold Shopping Center
Four-Space Leasehold Shopping Center

4-750 Kanoelehua Ave, Hilo, HI 96720

$1,215,000
5,992 sqft 0.48 AC lot

Leasehold retail center with individually metered spaces, private restrooms, and on-site parking.

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Leasehold Retail Property For Sale
Leasehold Retail Property For Sale

750 Kanoelehua Avenue, Hilo, HI 96720

$1,215,000
5,992 sqft 0.48 AC lot

Leasehold retail property on Kanoelehua Ave, minutes from Hilo Airport.

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Pastureland with Warehouse and Structures
Pastureland with Warehouse and Structures

681 HOAKA RD, Hilo, HI 96720

$785,000
2,394 sqft 8.23 AC lot

8.23 acres with warehouse, container home, and grazing fields.

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Hilo, HI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Hilo, HI, showcased through 38 active listings on our real estate platform. These investment opportunities span a total of 122,728 square feet of properties for sale, with an estimated market value of $40,960,000.

Sale prices for business properties in Hilo, HI start at $135,000, averaging $1,107,027, and reaching up to $6,195,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 51K
Population Growth (5Y) +3.2%
Median Household Income $78,537
College Educated 23.2%

High-Yield Neighborhoods for Investment

Identify Hilo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
96720 $1.2M

Taxes & Financing

Tax Rate (average for all types) 0.89%
Property Tax per SF $6.19 per SF
Tax Rate vs County Average 0.09 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hawaii County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Office pricing trends in Hawaii County

Office

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