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Four-Unit Mixed-Use Building
For Sale
$249,000
Pending

96 Wainaku Street, Hilo, HI 96720

Includes three residential units and a storefront near downtown Hilo.

Property Size2,220 SF
Days on Market1751

Property Features for 96 Wainaku Street

General Information

Standard status Pending
Size 2,220 SF
Property subtype Multi-Family / Apartment Building
Zoning V-.75

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,197

Amenities

3
1
Land Line
N

Building Details

Year Built 1935
Buildings 1
Tenancy Multi
Listing Agency: Century 21 Homefinders of Hawaii
Listed By: Joanne Mucha · License #RB-17260
Source: Compass
Added: Nov 13, 2021 Changed: Aug 29 Last Checked: Aug 29 at 5:22PM

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 Century 21 Homefinders of Hawaii

Investment Insights

Based on property information with market context.

This 1935 mixed-use property combines three residential units with a ground-level storefront in a four-unit configuration. The building is offered with existing tenants and is being sold as-is. The property also features a newer roof and V-.75 zoning.

Located on Wainaku Street, the building is within walking distance of downtown Hilo’s shops, restaurants, and farmers’ market. A post office, library, grocery stores, and Hilo Bay are also identified nearby. Most occupants are described as long-term tenants, providing an established residential and commercial mix.

Key Highlights

  • Four‑unit configuration with three residential units and one storefront
  • V-.75 zoning
  • 1935 building construction

Property Analytics

Current Use

Storefront properties

Lease Details

3
Residential units
Multi-tenant
Tenancy

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 Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes three residential units and a storefront near downtown Hilo.
Where is this mixed-use property located?
The property is located at 96 Wainaku Street Hilo, HI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Four‑unit configuration with three residential units and one storefront; V-.75 zoning; 1935 building construction
More about this property
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