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    138 Kamehameha Ave, Unit Hilo Hilo, HI 96720

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    For Sale
    $1,690,000

    Vibrant retail opportunity in the heart of historic downtown Hilo.

    Property size:
    18 SF

    Property Features for 138 Kamehameha Ave

    General Information

    Size
    18 SF

    Building Details

    Year built
    1941

    Source: Chris Millen Agent Chris Millen

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

    Overview

    Prime Retail Location in Hilo

    Located at 138 Kamehameha Avenue in Hilo, HI, this property offers vibrant potential in the heart of historic downtown Hilo. The area provides a unique blend of culture, history, and commerce. Situated steps away from the property are renowned local attractions such as the Hilo Farmers Market, Pacific Tsunami Museum, and numerous shops and eateries along Kamehameha Avenue. With a rich tapestry of local businesses and a steady stream of visitors, Hilo presents an exciting opportunity for retail and street retail investors looking to become part of a dynamic and thriving community. The property size is 18 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Hilo
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.086609
    Latitude
    19.725225

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    FAQs

    What type of property is this?
    Retail property - Vibrant retail opportunity in the heart of historic downtown Hilo.
    Where is this retail property located?
    The property is located at 138 Kamehameha Ave, Unit Hilo Hilo, HI.
    What is the asking price?
    The asking price for this property is $1,690,000.
    What are key features of this property?
    This property features: - Prime location in the heart of historic downtown Hilo on Kamehameha Avenue.; - Significant price reduction from $1,900,000 to $1,690,000.; - Close proximity to popular attractions like the Hilo Farmers Market and Pacific Tsunami Museum.
    (808) 875-7000
    Request Owner's contact information
    138 Kamehameha Ave, Unit Hilo 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
    138 Kamehameha Ave, Unit Hilo Hilo, HI 96720
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