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    38 Kalakaua St Hilo, HI 96720

    Under Contract
    For Sale
    $900,000

    SINGLE_FAMILY - Hilo, HI

    Type:Office
    Property size:
    4,500 SF
    Lot size:
    0.24 Acres
    Days on Market:
    123
    Last Refresh:
    Dec 5 at 12:06 am

    Property Features for 38 Kalakaua St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Zoning
    CDH
    Rooms
    Bathroom 2, Bathroom 1
    Bathrooms
    2
    APN
    3230030320000
    Parking features
    Assigned
    Size
    4,500 SF
    Lot size
    0.24 Acres

    Utilities

    Utilities
    Cable Available

    Building Details

    Year built
    1948
    Number of units
    1

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

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

    Listing date Aug 5, 2025

    Copyright © 2025 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

    Downtown Hilo Commercial Building

    This freestanding commercial building is situated in a prime downtown Hilo location, benefiting from high visibility and significant foot traffic. The property is located just half a block from Kamehameha Avenue. A notable feature is the inclusion of a stall parking lot in the back, a rare asset for downtown properties. The lot size is 0.24 acres. The building has 4,500 square feet of space. The zoning is CDH.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Paliku Surf Surf Shop

    Map

    City
    Hilo
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.0869984
    Latitude
    19.72583504

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    FAQs

    What type of property is this?
    Office building - Freestanding commercial building in prime Hilo location with parking.
    Where is this office building located?
    The property is located at 38 Kalakaua St Hilo, HI.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Prime downtown Hilo location with high visibility and foot traffic.; - Rare stall parking lot included.; - Freestanding commercial building.
    (808) 935-0399
    Request Owner's contact information
    38 Kalakaua St Hilo, HI 96720
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    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
    38 Kalakaua St Hilo, HI 96720
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