Prime Hilo Commercial
For Sale
$3,500,000
92 KALANIANAOLE ST, Hilo, HI 96720
1.79-acre commercial property in Hilo's accessible corridor.
Property SizeContact for details
Days on Market374
Property Features for 92 KALANIANAOLE ST
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$21,601
Building Details
Year Built
1962
Listing Agency:
ALOHA SOTHEBY'S INTL REALTY - HAWAI'I
(808) 885-8885
Listed By:
JAMES FRANCIS HANLEY
Source:
Corcoran
Added: Aug 2, 2025
Changed: Aug 9
Last Checked: Aug 9 at 7:24AM
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 ALOHA SOTHEBY'S INTL REALTY - HAWAI'I
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
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
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.
