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
53 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

$899,000
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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Office Units with Parking Lot
Updated: May 1
Office Units with Parking Lot

224 HAILI ST, Hilo, HI 96720

$1,650,000
4,816 sqft 0.44 AC lot
0.4435 acres with two separate office buildings above downtown Hilo
First building: 1,840 SF occupied by long‑term dental office tenant
Second building: two additional units totaling 2,976 SF fully occupied
16‑stall parking lot included
Zoned CDH zoning
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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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See what stands out in Hawaii County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in
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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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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Resort Zoned Land Near Ocean
Resort Zoned Land Near Ocean

KALANIANAOLE AVE, Hilo, HI 96720

$625,000
0.82 AC lot

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

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Resort Zoned Land Near Ocean
Resort Zoned Land Near Ocean

LAEHALA ST, Hilo, HI 96720

$550,000
0.89 AC lot

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

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Downtown Hilo Commercial Property
Downtown Hilo Commercial Property

138 Kamehameha Ave, Hilo, HI 96720

$1,775,000
13,539 sqft

Prime commercial property in downtown Hilo with versatile potential.

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Land Near Hilo Golf Course
Land Near Hilo Golf Course

250 LAULA RD, Hilo, HI 96720

$489,000
9.95 AC lot

Nearly 10 acres of land close to Hilo amenities.

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Farmland with Conservation Resource Subzone
Farmland with Conservation Resource Subzone

KAIWIKI RD, Hilo, HI 96720

$395,000
19.40 AC lot

Agricultural land zoned A-5A with phone available, situated at the end of Kaiwiki Road with no-through access.

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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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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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Resort Zoned Land Near Ocean
Resort Zoned Land Near Ocean

Hilo, HI 96720

$625,000
0.87 AC lot

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

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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 Land Near Ocean
Resort Zoned Land Near Ocean

Hilo, HI 96720

$750,000
0.81 AC lot

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

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

77 SILVA ST, Hilo, HI 96720

$899,000
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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Hilo Stand Alone Retail Building
Hilo Stand Alone Retail Building

374 Kamehameha Ave, Hilo, HI 96720

$839,000
1,280 sqft

High-visibility corner location near Hilo Farmers Market.

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Income-Producing Mixed-Use Property
Income-Producing Mixed-Use Property

1080 Kilauea Ave, Hilo, HI 96720

$1,975,000
9,455 sqft

Mixed-use property with lease in place until 2029.

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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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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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NNN Office Building with Elevator
NNN Office Building with Elevator

891 Ululani St, Hilo, HI 96720

$3,238,000
11,996 sqft

Two-story, single-tenant property with ADA-compliant space, private offices, meeting rooms, and secure paved parking.

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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 53 active listings on our real estate platform. These investment opportunities span a total of 150,196 square feet of properties for sale, with an estimated market value of $47,452,000.

Sale prices for business properties in Hilo, HI start at $179,000, averaging $1,248,736, 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 pricing trends across core commercial property types in Hawaii County

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