92 KALANIANAOLE ST Hilo, HI 96720

Building Details

Year Built

1962

Listing office ALOHA SOTHEBY'S INTL REALTY - HAWAI'I j***@gmail.com Show Phone

Listing date Aug 2, 2025

Source Corcoran

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Investment Insights

Based on property information with market context.

This 1.79-acre commercial property is located off Kanoelehua Ave between Kamehameha Ave and Kalanianaole, offering high visibility and easy access. The site is well-positioned for future commercial development or redevelopment. Strategically located near the Banyan Drive resort area, Hilo International Airport, Hilo Harbor, and Hawaii Island's state and county offices, this property is suitable for investors, owner-users, or developers seeking a flexible commercial asset with infrastructure and an ideal location. The property is zoned V-.75 for urban, resort, and commercial use, with a State Land Use designation of Urban. An existing commercial structure of approximately 4,540 square feet is present on the site. Site improvements include a paved parking lot and additional graded parking areas, with a cleared and fully graded site and minor landscaping along the perimeter. Water is supplied by the County Department of Water Supply via an existing 12-inch main, with three active water services already on site. Wastewater is served by the County sewer system via a 30-inch main along Kalanianaole Street, with two stub outs, one currently in use.

Key Highlights

• Prime 1.79‑acre fee simple commercial property in a highly accessible Hilo corridor.
• Excellent location near Kanoelehua Ave, Banyan Drive resort area, Hilo International Airport, Hilo Harbor, and government offices.
• Zoning V-.75 (Urban, Resort, Commercial Use) and State Land Use: Urban, offering flexible development or redevelopment options.

Property Analytics

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FAQs

What type of property is this?

Commercial land - 1.79-acre commercial property in Hilo's accessible corridor.

Where is this commercial land located?

The property is located at 92 KALANIANAOLE ST Hilo, HI.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: Prime 1.79‑acre fee simple commercial property in a highly accessible Hilo corridor.; Excellent location near Kanoelehua Ave, Banyan Drive resort area, Hilo International Airport, Hilo Harbor, and government offices.; Zoning V-.75 (Urban, Resort, Commercial Use) and State Land Use: Urban, offering flexible development or redevelopment options.