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Corner Medical-Ready Office Condo
For Sale
$649,000

4-899 Ululani St, Hilo, HI 96720

Own a flexible corner office with multiple entrances, private offices, and shared parking nearby essential local services.

Property Size1,200 SF
Price / SF$540.83
Days on Market159

Property Features for 4-899 Ululani St

General Information

Standard status Active
Size 1,200 SF
Listing Agency: Corcoran Pacific Properties
Listed By: Karen E. Bail
Source: Exprealty
Added: Feb 24 Changed: Jul 10 Last Checked: Jul 31 at 2:21PM

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 Corcoran Pacific Properties

Investment Insights

Based on property information with market context.

Ululani Professional Center offers a four-unit, fee simple office condominium, and Unit #4 is now available. This front, corner unit features double main entrances and an adaptable layout that includes multiple private offices, cubicle areas, a conference room, a kitchenette, and storage closets. Coved and vaulted ceilings help create an open, spacious feel, and the original design incorporated features suitable for potential medical office use. A rear entry provides additional convenience, and the two main entry doors offer options for organizing or potentially subleasing space.

The property is located in Hilo at 4-899 Ululani St, close to the Central Police Station and within reach of shopping, dining, and State and County offices. Ample paved parking sits just outside the corner unit. The building is part of a self-managed association.

This unit is well suited for professionals who want to own their office space with a configuration that can support multiple workstations, client meetings, and internal storage needs. The double-entry design and existing medical-ready considerations may be helpful for office users considering a service-oriented setup. The condo structure also supports straightforward ownership in a limited-inventory professional office setting, with the building offering easy showing.

Key Highlights

  • Four‑unit fee simple office condominium in Hilo (Ululani Professional Center); Unit #4 is now available.
  • Front corner unit with double main entrances and a rear entry for added convenience.
  • Former law office layout with flexible floor plan including multiple private offices, cubicle areas, and a conference room.

Property Analytics

Current Use

Office Units

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Own a flexible corner office with multiple entrances, private offices, and shared parking nearby essential local services.
Where is this office units located?
The property is located at 4-899 Ululani St Hilo, HI.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Four‑unit fee simple office condominium in Hilo (Ululani Professional Center); Unit #4 is now available.; Front corner unit with double main entrances and a rear entry for added convenience.; Former law office layout with flexible floor plan including multiple private offices, cubicle areas, and a conference room.
More about this property
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