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Leasehold Restaurant Opportunity
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Pending

194 KILAUEA AVE, Hilo, HI 96720

Leasehold restaurant with extensive commercial kitchen equipment and an optional turnkey fixtures package available.

Days on Market114

Property Features for 194 KILAUEA AVE

General Information

Standard status Pending
Property subtype Industrial
Listing Agency: Coldwell Banker Island Properties Hilo
Listed By: Glenn Takase · License #HI
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Aug 1 at 12:57PM

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 offering, presented as a turn-key opportunity for a new owner. The seller indicates the business has been operating for nearly a decade and may be acquired with a proven concept or refreshed under new ownership.

A turnkey option is described as including restaurant fixtures, furniture, and appliances, along with multiple Captive Aire exhaust hood systems (including 14 and 8 hood system units), an 8x12 walk-in refrigerator/freezer, and two full kitchens of commercial equipment. The equipment list includes a baker’s/blogger oven, two ranges, two freezers, three fryers, a 48 flat top, multiple refrigerators, a cheese melter, a stock pot burner, and several prep tables.

The package is also described as including the small appliances and service items needed to operate, such as tables and chairs, and pots, pans, and dishes. The property is located at 194 KILAUEA AVE, HILO, HI 96720.

Key Highlights

  • Leasehold restaurant in Hilo, operating successfully for nearly a decade, with opportunity for a new owner.
  • Turnkey fixtures package available for $250,000, including restaurant fixtures, furniture, and appliances.
  • Includes 14 Captive Aire exhaust hood system units plus 8 Captive Aire exhaust hood system units.

Property Analytics

Current Use

Subway Take-out & Catering PAIGE A LOVETT Physician Malama Integrative Wellness ... Alternative Medicine Practice Downtown Laundry Express (Bike/Boat/Book/etc) Store Big Island Physical ... Medical Clinic

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Leasehold restaurant with extensive commercial kitchen equipment and an optional turnkey fixtures package available.
Where is this conventional restaurant located?
The property is located at 194 KILAUEA AVE Hilo, HI.
What are key features of this property?
This property features: Leasehold restaurant in Hilo, operating successfully for nearly a decade, with opportunity for a new owner.; Turnkey fixtures package available for $250,000, including restaurant fixtures, furniture, and appliances.; Includes 14 Captive Aire exhaust hood system units plus 8 Captive Aire exhaust hood system units.
(808) 936-0692 Call to check price and availability
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