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116 KAMEHAMEHA AVE, Hilo, HI, 96720
Bayfront Retail and Office Building

116 KAMEHAMEHA AVE Hilo, HI 96720

For Sale
Contact for pricing
Pending

Fee simple mixed-use building with two storefronts and four upstairs office units, all currently occupied on month-to-month terms.

Days on Market105

Property Features for 116 KAMEHAMEHA AVE

General Information

Standard status
Pending
Property subtype
Industrial
Listing Agency: Coldwell Banker Island Properties Hilo
Listed By: Tom Williams · License #HI
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Jul 23 at 11:03AM

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 vintage, classic bayfront fee simple building is comprised of six fully occupied units: two ground-floor storefronts and four upstairs office or small business rentals. The upstairs units share a common bathroom and include hardwood floors with windows that bring in natural light and ocean breezes. The two storefronts open onto Kamehameha Avenue for high visibility from both pedestrians and passing cars, with one storefront operated as a café (Cold Kitchen) and the other as retail.

The property is located on the first block of Kamehameha Ave in the Hilo Downtown District, between Waianuenue Ave and Kalakaua St. It sits between Cronies Sports Bar & Restaurant and the Tsunami Museum, and is adjacent to Sig Zane Designs. The building is noted as being in an Opportunity Zone and Historic District.

The building has been updated with a new roof installed in April 2020, using sustainable metal roofing panels with an Energy Star-rated heat-reflective finish. A buyer may participate in a 1031 tax-deferred exchange at no cost to buyers.

Key Highlights

  • Fee simple mixed‑use building with 6 fully occupied units: 2 storefronts and 4 upstairs office/small business rentals
  • First‑floor storefronts are on busy Kamehameha Ave between Waianuenue Ave and Kalakaua St; one storefront has been a restaurant and is currently a cafe (cold kitchen)
  • Approximately 4,706 SF of retail business space across the two storefronts

Property Analytics

Location Intelligence

Current Use by Public Records

Hale Lomilomi o ... Alternative Medicine Practice

FAQs

What type of property is this?
Storefront property - Fee simple mixed-use building with two storefronts and four upstairs office units, all currently occupied on month-to-month terms.
Where is this storefront property located?
The property is located at 116 KAMEHAMEHA AVE Hilo, HI.
What are key features of this property?
This property features: Fee simple mixed‑use building with 6 fully occupied units: 2 storefronts and 4 upstairs office/small business rentals; First‑floor storefronts are on busy Kamehameha Ave between Waianuenue Ave and Kalakaua St; one storefront has been a restaurant and is currently a cafe (cold kitchen); Approximately 4,706 SF of retail business space across the two storefronts
More about this property
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