688 KUKUAU PLAZA, Hilo, HI 96720
- Added:
- Oct 28, 2025
- Days on Market:
- 252
- Last Refresh:
- Jul 6 at 10:06 pm
Property Features for 688 KUKUAU PLAZA
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- CG-7.5
- Standard status
- Active
- APN
- 3240250870051
- Size
- 1,217 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2893
Building Details
- Year built
- 1965
- Number of units
- 1
Listing agent Reyn Shimooka License #RB-22420 (808) 990-8325
Listing office Century 21 Homefinders of Hawaii 586 Kanoelehua Ave., Ste. 200, Hilo, HI (808) 935-7119
Listing date Oct 28, 2025
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.
HighLights
- Commercial office space in Kukuau Plaza with Year Built 1965
- Fiber optic connected for high‑speed internet
- Water and sewer available for adding a bathroom or sink
- Newer AC installed
- Office layout includes main office in front plus break room and storage/private office area in back
- Ample customer parking on‑site
Overview
The property is positioned in a central Hilo town setting with high traffic, within a building that hosts multiple businesses as well as a restaurant and bar. Ample customer parking is available for visitors and staff.
For tenants or buyers seeking an office setting with flexible interior configuration and turn-key connectivity, this suite offers practical day-to-day functionality. With fiber optic internet available and the ability to add plumbing fixtures, it can support a range of office users looking for efficient operations within a multi-tenant commercial environment.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.0k | $22.20 |
| − Vacancy | −$3.9k | −$3.22 |
| EGI | $23.1k | $18.98 |
| − OpEx | −$5.8k | −$4.75 |
| NOI | $17.3k | $14.24 |
Alternative Uses
Current Use by Public Records
Map
- City
- Hilo
- County
- Hawaii
- State
- Hawaii
- Longitude
- -155.0848474
- Latitude
- 19.7172901
