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    292 302 Hilo, HI 96720

    Sponsored
    For Sale
    Under Contract
    $1,890,000

    SINGLE_FAMILY - Hilo, HI

    Type:Retail
    Property size:
    7,372 SF
    Lot size:
    0.20 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 9 at 4:06 pm

    Property Features for 292 302

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    CDH
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    3230080150000
    Interior features
    Skylights
    Size
    7,372 SF
    Lot size
    0.20 Acres

    Utilities

    Utilities
    Cable Available
    Water source
    Public

    Building Details

    Year built
    1958
    Floors in Building
    1
    Number of units
    1

    Coldwell Banker Island Properties (808) 724-6854 [email protected]

    Listing agent Glenn M. Takase (808) 935-0399

    Listing date Jan 8, 2026

    Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bayfront Commercial Property in Hilo

    Located in Hilo's bayfront district, this 7,372 sq. ft. commercial building houses a health food store and two additional retail spaces. All units have long-term tenants. The property is situated on Bayfront Drive, near local businesses, restaurants, and tourist destinations. It benefits from ample street parking and pedestrian traffic. The exterior was recently painted. The property has convenient access to downtown Hilo and major transportation routes. The leasable area breakdown is as follows: 290-292 Kamehameha Ave. is 3,870 sqft, 300 Kamehameha Ave. is 1,790 sqft, and 302 Kamehameha Ave. is 1,712 sqft. The lot size is 0.2 acres. The property is located at 290 KAMEHAMEHA AVE unit: 290,300,302, Hilo, HI 96720. The property is zoned CDH. This property is located in a popular tourist destination.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Hilo
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.0853598
    Latitude
    19.72382349

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    FAQs

    What type of property is this?
    Retail space - 7,372 sqft commercial building with long-term tenants.
    Where is this retail space located?
    The property is located at 292 302 Hilo, HI.
    What is the asking price?
    The asking price for this property is $1,890,000.
    What are key features of this property?
    This property features: - Prime Bayfront location on Bayfront Drive with excellent visibility and high foot traffic.; - Stable, income-producing asset with long-term tenants in place, including an established health food store.; - 7,372 sq. ft. commercial building with three retail units.
    (808) 936-0692
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    292 302 Hilo, HI 96720
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    292 302 Hilo, HI 96720
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