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Two-Building Office Property
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55 Ululani St, Hilo, HI 96720

Two older commercial buildings on a secured parcel near Hilo Bay, the University of Hawaii at Hilo, and state parks.

Property SizeContact for details
Lot Size0.37 Acres
Days on Market144

Property Features for 55 Ululani St

General Information

Standard status Active
Lot size 0.37 Acres
Property subtype Office

Building Details

Buildings 2
Listing Agency: Williams & Williams Auctioneers
Listed By: Cynthia Dees · License #129912
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 8:51AM

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 Williams & Williams Auctioneers

Investment Insights

Based on property information with market context.

This office property at 55 Ululani Street comprises two former care center buildings on approximately 0.37 acres. The larger structure contains about 1,748 square feet and dates to 1920, while the second building offers approximately 1,676 square feet and was built in 1915. The parcel is enclosed by fencing and accessed through a gate.

The property is in Hilo, Hawaii, minutes from Hilo Bay and the University of Hawaii at Hilo. Multiple state parks and wilderness areas are also located nearby. The two-building layout provides separate structures within one secured site, with a combined building area of approximately 3,424 square feet.

Key Highlights

  • Two buildings totaling approximately 3,424 square feet
  • Larger building contains 1,748+/- square feet and was built in 1920
  • Second building contains 1,676+/- square feet and was built in 1915

Property Analytics

Current Use

Provision Solar Solar Energy Company

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 building - Two older commercial buildings on a secured parcel near Hilo Bay, the University of Hawaii at Hilo, and state parks.
Where is this office building located?
The property is located at 55 Ululani St Hilo, HI.
What are key features of this property?
This property features: Two buildings totaling approximately 3,424 square feet; Larger building contains 1,748+/- square feet and was built in 1920; Second building contains 1,676+/- square feet and was built in 1915
More about this property
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