Conventional Restaurant

Hilo, HI Conventional Restaurants for Sale

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Papaikou, HI Pepeekeo, HI Keaau, HI Kurtistown, HI Honomu, HI Hakalau, HI Mountain View, HI Volcano, HI
Restaurant Space Overlooking Kalakaua Park
Updated: Mar 1, 2025
Restaurant Space Overlooking Kalakaua Park

110 Kalakaua St, Hilo, HI 96720

$300,000
Fully furnished restaurant space with complete kitchen setup and equipment.
Spacious location overlooking Kalakaua Park in downtown Hilo.
Proven location; previously home to a successful restaurant.
Guest Facilities: 3
Zoning: CDH
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hilo, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turn-Key Liquor-Licensed Restaurant
Turn-Key Liquor-Licensed Restaurant

101-430 Kele St, Kahului, HI 96732

$450,000
4,500 sqft

Turn-key full-service Asian restaurant for sale, featuring a liquor license and a recently remodeled kitchen.

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Mixed-Use Restaurant and Office
Mixed-Use Restaurant and Office

318 N Market St, Wailuku, HI 96793

$799,000

Remodeled live-work property with a fully equipped commercial kitchen and upstairs office and living space.

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Turnkey Full-Service Restaurant
Turnkey Full-Service Restaurant

430 Kele St, Kahului, HI 96753

$450,000

Turnkey full-service restaurant with liquor license and a recently updated kitchen.

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Wailuku Restaurant with Liquor License
Wailuku Restaurant with Liquor License

1764 Wili Pa Loop, Wailuku, HI 96793

$2,500,000

120-seat restaurant with liquor license in prime Wailuku location.

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Hilo, HI Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Hilo, HI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $300,000.

Sale prices for conventional restaurants in Hilo, HI start at $300,000, averaging $300,000, and reaching up to $300,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 1
Drive through restaurants 1

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 $300K

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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