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    110 Kalakaua St Hilo, HI 96720

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    For Sale
    $300,000

    Spacious, fully furnished restaurant with kitchen equipment in downtown Hilo.

    Property size:
    8,548 SF

    Property Features for 110 Kalakaua St

    General Information

    Standard status
    Active
    Size
    8,548 SF

    Building Details

    Year built
    1898
    Source: Corcoran

    Listing Agent: Glenn M. Takase

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space Overlooking Kalakaua Park

    This is a leasehold property featuring a unique and spacious restaurant location overlooking Kalakaua Park in downtown Hilo. The property, with a size of 8548 square feet, has housed a successful restaurant for many years. The space is fully furnished and includes a complete kitchen setup with equipment, making it suitable as a turn-key restaurant. It is ready for operating a restaurant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Chiang Mai ... Thai Restaurant

    Map

    City
    Hilo
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.087981
    Latitude
    19.72538

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    FAQs

    What type of property is this?
    Restaurant - Spacious, fully furnished restaurant with kitchen equipment in downtown Hilo.
    Where is this restaurant located?
    The property is located at 110 Kalakaua St Hilo, HI.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Fully furnished restaurant space with full kitchen setup and equipment included.; - Spacious location overlooking Kalakaua Park in downtown Hilo.; - Established restaurant location with a history of success.
    (808) 969-7863
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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
    110 Kalakaua St Hilo, HI 96720
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