138 KAMEHAMEHA AVE, Hilo, HI 96720

Building Details

Year Built

1941

Listing agent CATHY FEDAK License #RB-24192

Listing office HILO BAY REALTY LLC c***@cathyfedak.com Show Phone

Listing date Apr 6, 2026

Source Corcoran

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 HILO BAY REALTY LLC

Report an issue

---

Overview

Located at 144 Kamehameha Ave in the heart of downtown Hilo, this commercial property offers a rare acquisition opportunity in East Hawaii's premier business district. The building encompasses approximately 13,539 square feet of building area, with an additional 4,231-square-foot mezzanine suited for storage and receiving operations. A side easement driveway provides truck access. The property is zoned CDH (Downtown-Hilo Commercial District), offering versatile commercial potential. Buyers are advised to verify potential uses through their own due diligence. The property's location near the Hilo waterfront and local amenities makes it suitable for owner-users or investors seeking a strategic repositioning project. The property is offered in as-is condition. The building includes office spaces, large storage rooms, and a massive retail area, offering the potential for an all-in-one location. The sale includes Tax Map Keys (3) 2-3-07: 09 (3) 2-3-07: 39. Phase I and II Environmental Site Assessment Reports have been completed. The property is located across the street from Hilo Bayfront, in the center of Hilo’s business and tourist activities.

Map

City

Hilo

County

Hawaii

State

Hawaii

Longitude

-155.086609

Latitude

19.725225

Nearby Similar for Sale

• 

  $1,650,000

  4,816 SF

  Commercial Buildings with Parking

  Two commercial buildings with parking in central Hilo location.

  224 HAILI ST, Hilo, HI 96720

  View Details
• 

  $1,775,000

  17,993 SF

  Downtown Hilo Commercial Opportunity

  Prime commercial property in downtown Hilo with repositioning potential.

  138 KAMEHAMEHA AVE, Hilo, HI 96720

  View Details
• 

  $715,000

  2,904 SF

  Hilo Multifamily Investment Opportunity

  Two homes on one lot in Hilo, Hawaii.

  619 MILILANI ST, Hilo, HI 96720

  View Details
• 

  $3,238,000

  11,996 SF

  Two-Story Commercial Building in Hilo

  Well-maintained commercial building with long-term NNN lease and strong income.

  891 ULULANI ST, Hilo, HI 96720

  View Details
• 

  $2,280,000

  4,557 SF

  Medical Building with Ample Parking

  Medical building featuring an elevator, multiple offices, and parking.

  126 PUUHONU WAY, Hilo, HI 96720

  View Details
• 

  $850,000

  1,656 SF

  Two Homes in Hilo, Hawaii

  Two well-maintained homes with income potential in Hilo, Hawaii.

  557 KUPULAU RD, Hilo, HI 96720

  View Details
• 

  $895,000

  Renovated Homes on Lush Lot

  Two renovated homes on 0.7 acres with income potential.

  1360 Kaumana Drive, Hilo, HI 96720

  View Details
• 

  $945,000

  5,464 SF

  Hilo Mixed-Use Property with Warehouse

  Mixed-use property with residential, commercial, and warehouse spaces.

  77 SILVA ST, Hilo, HI 96720

  View Details
• 

  $300,000

  1,760 SF

  Waiakea Villas Commercial Office Space

  Large commercial office space with exam rooms and amenities.

  400 HUALANI ST, Hilo, HI 96720

  View Details
• 

  $395,000

  3,900 SF

  Hilo Multifamily Investment Opportunity

  High-cash-flow investment property in downtown Hilo with income potential.

  82-D HOKU ST, Hilo, HI 96720

  View Details
• 

  $1,990,000

  Prime Commercial Property in Hilo

  High-visibility corner lot in central Hilo, near landmarks.

  744 Kamehameha Avenue, Hilo, HI 96720

  View Details
• 

  $1,975,000

  9,455 SF

  Income-Producing Mixed-Use Property

  Mixed-use property with lease in place until 2029.

  1080 KILAUEA AVE, Hilo, HI 96720

  View Details

FAQs

What type of property is this?

Storefront property - Prime commercial property in downtown Hilo with versatile potential.

Where is this storefront property located?

The property is located at 138 KAMEHAMEHA AVE Hilo, HI.

What is the asking price?

The asking price for this property is $1,775,000.

What are key features of this property?

This property features: Prime Downtown Hilo location on Kamehameha Avenue; Approximately 13,539 SF building area with an additional 4,231 SF mezzanine; CDH (Downtown‑Hilo Commercial District) zoning offers versatile commercial potential