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    399 Hualani St Hilo, HI 96720

    For Sale
    $3,900,000

    SINGLE_FAMILY - Hilo, HI

    Type:Office
    Property size:
    41 SF
    Lot size:
    5.08 Acres
    Days on Market:
    193
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 399 Hualani St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Office
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    V-.75
    Rooms
    Bathroom 4, Bathroom 6, Bathroom 5, Bathroom 3, Bathroom 2, Bathroom 1
    Bathrooms
    6
    APN
    3220300180000
    Size
    41 SF
    Lot size
    5.08 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Cesspool
    Water source
    Public

    Building Details

    Year built
    1973
    Number of units
    1

    Savio Realty Ltd. (808) 934-7300 [email protected]

    Listing agent Dana G Kenny (808) 934-7300

    Listing date Jun 2, 2025

    MLS# 711146 Listing URL

    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

    Commercial Complex with River Views

    This large commercial complex comprises 32 individual condominiums, presenting significant potential for rental income or individual sales. Currently, 70% of the units are rented. The property includes a large parking area and offers riverfront views from most units. Slabs are in place for the construction of an additional 4 units, and there are possibilities for hotel development. The complex is situated on an extensive riverfront location. The property is zoned V-.75 and has a lot size of 5.08 acres. The property size is 41 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hilo Culture Center Cultural Center Mattoch & Kirley, LLLC Personal Injury Attorney HI-Care Solutions Home Health Care Service Balanced Life Acupuncture ... Massage Therapist Dynamic Dao Acupuncture Clinic

    Map

    City
    Hilo
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.0740334
    Latitude
    19.7141636

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    FAQs

    What type of property is this?
    Office building - Commercial complex in Hilo with rental income potential.
    Where is this office building located?
    The property is located at 399 Hualani St Hilo, HI.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: - Large commercial complex with 32 individual condominiums.; - Significant rental income potential with 70% occupancy.; - Riverfront views from most units.
    (808) 934-7300
    Request Owner's contact information
    399 Hualani 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
    399 Hualani St Hilo, HI 96720
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