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    Hilo, HI
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    Hilo, HI Commercial Real Estate for Sale

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    Papaikou, HI Pepeekeo, HI Keaau, HI
    46 results
    Commercial Buildings with Parking
    $1,650,000
    4,816 SF
    Commercial Buildings with Parking

    224 HAILI ST, Hilo, HI 96720

    Two commercial buildings with parking in central Hilo location.
    • High visibility and convenient central Hilo location.
    • Two commercial buildings totaling 4,816 sqft (1,840 sqft + 2,976 sqft).
    • Fully occupied with long‑term tenant (dental office) in one building.
    • Includes a rare 16‑stall parking lot in the downtown area.
    • Second building offers two additional units.
    Updated: May 1
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    Downtown Hilo Commercial Opportunity
    $1,775,000
    17,993 SF
    Downtown Hilo Commercial Opportunity

    138 KAMEHAMEHA AVE, Hilo, HI 96720

    Prime commercial property in downtown Hilo with repositioning potential.
    • Prime downtown Hilo location on Kamehameha Avenue, central to business and tourist activities.
    • Large commercial footprint with approximately 13,539 SF building area and an additional 4,231 SF mezzanine.
    • CDH (Downtown‑Hilo Commercial District) zoning allows for versatile commercial uses.
    • Side easement driveway with truck access enhances operational efficiency.
    • Suitable for owner‑users or investors seeking a strategic repositioning project.
    Updated: Apr 6
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    Land Near Hilo Golf Course
    $489,000
    9.95 Acres
    Land Near Hilo Golf Course

    Nearly 10 acres of land close to Hilo amenities.

    250 LAULA RD, Hilo, HI 96720

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    Resort Zoned Land Near Ocean
    $625,000
    0.82 Acres
    Resort Zoned Land Near Ocean

    Resort-zoned land near Onekahakaha Beach Park and Hilo Yacht Club.

    KALANIANAOLE AVE, Hilo, HI 96720

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    Resort Zoned Land Near Ocean
    $550,000
    0.89 Acres
    Resort Zoned Land Near Ocean

    Resort-zoned acreage near Onekahakaha Beach Park in Keaukaha, Hilo.

    LAEHALA ST, Hilo, HI 96720

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    Two-Story Commercial Building in Hilo
    $3,238,000
    11,996 SF
    Two-Story Commercial Building in Hilo

    Well-maintained commercial building with long-term NNN lease and strong income.

    891 ULULANI ST, Hilo, HI 96720

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    Waiakea Villas Commercial Office Space
    $300,000
    1,760 SF
    Waiakea Villas Commercial Office Space

    Large commercial office space with exam rooms and amenities.

    400 HUALANI ST, Hilo, HI 96720

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    Medical Building with Ample Parking
    $2,280,000
    4,557 SF
    Medical Building with Ample Parking

    Medical building featuring an elevator, multiple offices, and parking.

    126 PUUHONU WAY, Hilo, HI 96720

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    Hilo Mixed-Use Property with Warehouse
    $945,000
    5,464 SF
    Hilo Mixed-Use Property with Warehouse

    Mixed-use property with residential, commercial, and warehouse spaces.

    77 SILVA ST, Hilo, HI 96720

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    Resort Zoned Land Near Ocean
    $625,000
    0.87 Acres
    Resort Zoned Land Near Ocean

    Resort-zoned acreage near Onekahakaha Beach Park in Keaukaha, Hilo.

    Hilo, HI 96720

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    Kaiwiki Homesteads Forest Retreat Land
    $395,000
    19.40 Acres
    Kaiwiki Homesteads Forest Retreat Land

    Almost 20-acre parcel near Hilo, perfect for off-grid living.

    KAIWIKI RD, Hilo, HI 96720

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    Resort Zoned Land Near Ocean
    $750,000
    0.81 Acres
    Resort Zoned Land Near Ocean

    Resort-zoned acreage near Onekahakaha Beach Park and Hilo Yacht Club.

    Hilo, HI 96720

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    Prime Commercial Property in Hilo
    $1,990,000
    Prime Commercial Property in Hilo

    High-visibility corner lot in central Hilo, near landmarks.

    744 Kamehameha Avenue, Hilo, HI 96720

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    Income-Producing Mixed-Use Property
    $1,975,000
    9,455 SF
    Income-Producing Mixed-Use Property

    Mixed-use property with lease in place until 2029.

    1080 KILAUEA AVE, Hilo, HI 96720

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    Prime Commercial Property in Hilo
    $1,990,000
    Prime Commercial Property in Hilo

    High-visibility corner lot in central Hilo location.

    744 KAMEHAMEHA AVE, Hilo, HI 96720

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    Prime Downtown Hilo Commercial Property
    $1,775,000
    17,993 SF
    Prime Downtown Hilo Commercial Property

    Exceptional commercial opportunity in the heart of downtown Hilo.

    144 KAMEHAMEHA AVE, Hilo, HI 96720

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    Downtown Hilo Commercial Property
    $1,775,000
    17,993 SF
    Downtown Hilo Commercial Property

    Prime commercial property in downtown Hilo with versatile potential.

    138 KAMEHAMEHA AVE, Hilo, HI 96720

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    Hilo Stand Alone Retail Building
    $1,200,000
    1,280 SF
    Hilo Stand Alone Retail Building

    High-visibility corner location near Hilo Farmers Market.

    374 KAMEHAMEHA AVE, Hilo, HI 96720

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    Iconic Hilo Bay Building Complex
    $6,000,000
    24,580 SF
    Iconic Hilo Bay Building Complex

    Historic downtown property with retail storefronts and office suites.

    260 Kamehameha Avenue, Hilo, HI 96720

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    Renovated Office with Koi Pond View
    $135,000
    310 SF
    Renovated Office with Koi Pond View

    Updated office space with balcony, pond view, and pool.

    101 AUPUNI ST #117, Hilo, HI 96720

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    Hilo Commercial Office Space Available
    $275,000
    1,217 SF
    Hilo Commercial Office Space Available

    Commercial office space in central Hilo location with high traffic.

    688 KUKUAU PLAZA, Hilo, HI 96720

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    Prime Land Near Wailoa Park
    $500,000
    Prime Land Near Wailoa Park

    Commercial land for sale near Hilo's Civic Center.

    463 MILILANI ST, Hilo, HI 96720

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    10-Acre Agricultural Land Parcel
    $519,000
    10.00 Acres
    10-Acre Agricultural Land Parcel

    10-acre parcel zoned Ag, with utilities, ideal for ranch.

    2370 Lot 1511-c Ainaola Drive, Hilo, HI 96720

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    Waiakea Villas Commercial Office Space
    $365,000
    1,760 SF
    Waiakea Villas Commercial Office Space

    Commercial office space with exam rooms and shared pool.

    400 HUALANI ST 10196, Hilo, HI 96720

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    Hilo, HI Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Hilo, HI, showcased through 46 active listings on our real estate platform. These investment opportunities span a total of 154,534 square feet of properties for sale, with an estimated market value of $34,052,000.

    Sale prices for business properties in Hilo, HI start at $135,000, averaging $1,309,692, and reaching up to $6,000,000 — 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 median 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 sq ft
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Office

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