Mixed-Use Commercial Building with
For Sale
$1,775,000
138 KAMEHAMEHA AVE, Hilo, HI 96720
SINGLE_FAMILY - Hilo, HI
Property Size17,993 SF
Lot Size0.32 Acres
Price / SF$98.65
Days on Market126
Property Features for 138 KAMEHAMEHA AVE
General Information
Property type
Residential
Property subtype
Office
Zoning
CDH
Bathrooms
1
Half bathrooms
1
Rooms
Bathroom 1
Subdivision
HILO TOWN
Lot features
Corner Lot
View
Ocean
Standard status
Active
APN
3230070090000
Size
17,993 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1620
Utilities
Utilities
Cable Available
Building Details
Year built
1941
Number of units
1
Architectural style
Other
Listing Agency:
Hilo Bay Realty LLC
(808) 965-9903
Listed By:
Cathy Fedak · License #RB-24192
(808) 936-3982
Added: Apr 6
Changed: Aug 5
Last Checked: Aug 9 at 10:06PM
MLS# 727693
Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This CDH-zoned commercial building is offered in as-is condition and includes office spaces, a massive retail area, and large storage rooms. A substantial mezzanine supports storage and receiving operations, totaling approximately 4,231 square feet by the information provided. Operational efficiency is supported by a side easement driveway, designed to provide truck access.
The property is located on Kamehameha Avenue in downtown Hilo and is described as being near the Hilo waterfront and local amenities. The remarks also note it is across the street from Hilo Bayfront. Sale includes Tax Map Keys (3) 2-3-07: 09 and (3) 2-3-07: 39.
The listing states that Phase I and Phase II Environmental Site Assessment Reports have been completed. The zoning is described as offering versatile commercial potential, with uses to be verified through buyer due diligence.
The property is located on Kamehameha Avenue in downtown Hilo and is described as being near the Hilo waterfront and local amenities. The remarks also note it is across the street from Hilo Bayfront. Sale includes Tax Map Keys (3) 2-3-07: 09 and (3) 2-3-07: 39.
The listing states that Phase I and Phase II Environmental Site Assessment Reports have been completed. The zoning is described as offering versatile commercial potential, with uses to be verified through buyer due diligence.
Key Highlights
- Located at 144 Kamehameha Ave in downtown Hilo, with access via a side easement driveway for trucks
- Approx. 13,539 SF building area per tax records plus approx. 4,231 SF mezzanine for storage and receiving
- CDH (Downtown‑Hilo Commercial District) zoning with versatile commercial uses to be verified by buyer due diligence
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
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 Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - CDH-zoned commercial building includes office, large retail and storage, plus a mezzanine suited for storage and receiving.
Where is this office units 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: Located at 144 Kamehameha Ave in downtown Hilo, with access via a side easement driveway for trucks; Approx. 13,539 SF building area per tax records plus approx. 4,231 SF mezzanine for storage and receiving; CDH (Downtown‑Hilo Commercial District) zoning with versatile commercial uses to be verified by buyer due diligence
