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Restaurant Leasehold with Full Kitchen
For Sale
$250,000

110 KALAKAUA ST, Hilo, HI 96720

Leasehold restaurant space with full kitchen setup, equipment, and furnishings, overlooking Kalakaua Park in downtown Hilo.

Property Size8,548 SF
Price / SF$29.25
Days on Market52

Property Features for 110 KALAKAUA ST

General Information

Standard status Active
Size 8,548 SF
Property subtype Commercial

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $20,220

Building Details

Year Built 1898
Listing Agency: COLDWELL BANKER ISLAND PROPERTIES - HILO
Listed By: GLENN M. TAKASE · License #RB-18547
Source: Corcoran
Added: Jul 16 Changed: Sep 4 Last Checked: Sep 4 at 6:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER ISLAND PROPERTIES - HILO

Investment Insights

Based on property information with market context.

This is a leasehold restaurant property in a unique and spacious setting overlooking Kalakaua Park. The space has been home to a successful restaurant for many years and is offered ready for a new operator, with the restaurant coming fully furnished and including a full kitchen setup along with equipment.

Located at 110 Kalakaua St in downtown Hilo, the property’s outlook provides a park-facing setting within the city. The current configuration is set up for restaurant use, making it well-suited for an operator looking to take over an existing, equipped kitchen and move in with minimal setup.

Key Highlights

  • Leasehold restaurant space overlooking Kalakaua Park in downtown Hilo
  • Includes full kitchen setup with equipment
  • Fully furnished space

Property Analytics

Current Use

New Chiang Mai ... Restaurant

Lease Details

Turnkey business
Opportunity

Location Intelligence

Demographics for 96720, HI

46,615
Population
19,826
Households
2.4
Avg Household Size
43
Median Age
34%
College-Educated
95%
High-School Grad
287.8 sq mi
ZIP Area
162
Density / Sq Mi
$78,537
Median Household Income
$41,268
Median Earnings
$1,346
Median Rent
$458,100
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Leasehold restaurant space with full kitchen setup, equipment, and furnishings, overlooking Kalakaua Park in downtown Hilo.
Where is this conventional restaurant located?
The property is located at 110 KALAKAUA ST Hilo, HI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Leasehold restaurant space overlooking Kalakaua Park in downtown Hilo; Includes full kitchen setup with equipment; Fully furnished space
More about this property
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