Two-Office Commercial
For Sale
$150,000
239-101 Aupuni St, Hilo, HI 96720
A floating parking stall is included, with access to shared building amenities.
Property Size308 SF
Price / SF$487.01
Days on Market11
Property Features for 239-101 Aupuni St
General Information
Standard status
Active
Size
308 SF
Total Parking Spaces
1
Additional Details
HOA Fee
$452.39
Property Use
Office
Taxes and HOA fees
Annual Taxes
$1,431
Amenities
24-hour security
pool
conference room
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Hatada Realty LLC
(808) 493-1212
Listed By:
Aaron Hatada
(808) 937-1850
Source:
Exprealty
Added: Oct 15
Changed: Oct 25
Last Checked: Oct 25 at 2:46AM
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 Hatada Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 308-square-foot office suite is configured with two private offices. The sale includes one floating parking stall, and owners and tenants can use the building’s pool and conference room. The property also has 24-hour security.
The suite is in Hilo Lagoon Centre at 239-101 Aupuni St in Hilo, next to the State and County building and Wailoa State Park. Banks, retail businesses, offices, restaurants, and coffee shops are nearby. The suite overlooks Wailoa State Park and a koi pond.
The suite is in Hilo Lagoon Centre at 239-101 Aupuni St in Hilo, next to the State and County building and Wailoa State Park. Banks, retail businesses, offices, restaurants, and coffee shops are nearby. The suite overlooks Wailoa State Park and a koi pond.
Key Highlights
- Two private offices in a 308‑square‑foot suite
- One floating parking stall included
- Building pool and conference room available to owners and tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,385
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$87,700
$87.7K
Cap Rate 7%
$62,643
$62.6K
Cap Rate 9%
$48,722
$48.7K
Market Conditions
NOI Build-Up for 308 SF
Gross rent
$6.8K $22.20/SF
− Vacancy
−$991 −$3.22/SF
EGI
$5.8K $18.98/SF
− OpEx
−$1.5K −$4.75/SF
NOI
$4.4K $14.24/SF
Area
Hawaii County, HI
Vacancy
14.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$87,700
Cap Rate 7%
$62,643
Cap Rate 9%
$48,722
Alternative Uses
Best Use
Office B
$62.6K
$54.8K – $73.1K
NOI $4,385 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$105.1K
$92.0K – $122.6K
NOI $7,358 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
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 Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A floating parking stall is included, with access to shared building amenities.
Where is this office unit located?
The property is located at 239-101 Aupuni St Hilo, HI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two private offices in a 308‑square‑foot suite; One floating parking stall included; Building pool and conference room available to owners and tenants
