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    Hilo, HI
    Medical Premises

    Hilo, HI Medical Office Space for Sale

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    Papaikou, HI Pepeekeo, HI Keaau, HI Kurtistown, HI Honomu, HI Mountain View, HI Hakalau, HI Volcano, HI
    Two-Building Office Property
    Updated: May 1
    Two-Building Office Property

    224 HAILI ST, Hilo, HI 96720

    $1,650,000
    4,816 sqft 0.44 AC lot
    Two commercial buildings totaling 4,816 square feet
    1,840‑square‑foot building occupied by a long‑term dental office tenant
    Second building includes two occupied units totaling 2,976 square feet
    16‑stall parking lot with assigned parking
    0.4435‑acre parcel in Hilo near downtown
    View details
    Medical Office Space with Elevator
    Updated: Jun 17, 2025
    Medical Office Space with Elevator

    126 PUUHONU WAY, Hilo, HI 96720

    $2,280,000
    4,557 sqft 0.23 AC lot
    4,557‑square‑foot medical office building
    6 examination rooms plus doctors’ offices
    Elevator and ADA‑accessible design
    Reception area, conference room, staff room, kitchen, and 3 bathrooms
    Built in 1995 and zoned CN‑10
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    2 active listings match your search: Medical Office for sale in Hilo, HI. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 properties in nearby cities and 5 off-market properties to explore as potential leads.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Kailua Kona Medical Office Building
    Kailua Kona Medical Office Building

    75-137 Hualalai Road, Kailua Kona, HI 96740

    $2,700,000
    5,400 sqft 0.76 AC lot

    Prime commercial opportunity in the heart of Kailua Kona.

    View details
    Stand-Alone Medical Office Building
    Stand-Alone Medical Office Building

    48 Paa St #Lot 59, Kahului, HI 96732

    $1,850,000
    2,820 sqft 0.22 AC lot

    The building supports professional office activity with a Live/Work option in a Village Mixed Use setting.

    View details
    Second-Floor Office Condominium
    Second-Floor Office Condominium

    202203-725 Kapiolani Blvd, Honolulu, HI 96826

    $1,295,000
    2,785 sqft

    Well-appointed second-floor office suite within The Galerie at Imperial Plaza, move-in ready and equipped with five reserved parking stalls.

    View details
    Versatile Ground Floor Space
    Versatile Ground Floor Space

    1055 Kalo Place, Honolulu, HI 96826

    Contact for pricing

    Prime location near University of Hawaii, suitable for office/retail.

    View details

    Off-Market Properties in Hilo, HI

    Consider similar Off-Market properties in Hilo, HI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Hilo, HI 96720
    MEDICAL BUILDING

    Hilo, HI 96720

    Estimated value:
    $270,000
    1,672 sqft
    View details
    1384 Kinoole St
    MEDICAL BUILDING

    1384 Kinoole St, Hilo, HI 96720-4138

    Estimated value:
    $1,420,000
    12,196 sqft 1.05 AC lot
    View details
    Hilo, HI 96720
    MEDICAL BUILDING

    Hilo, HI 96720

    Estimated value:
    $295,000
    1,520 sqft
    View details
    Hilo, HI 96720
    MEDICAL BUILDING

    Hilo, HI 96720

    Estimated value:
    $290,000
    1,520 sqft
    View details
    Hilo, HI 96720
    MEDICAL BUILDING

    Hilo, HI 96720

    Estimated value:
    $295,000
    1,520 sqft
    View details

    Hilo, HI Medical Office Space Market Trends and Statistics

    Explore 7 medical office space for sale in Hilo, HI on our real estate platform. These investment opportunities span a total of 9,373 square feet of properties for sale, with an estimated market value of $3,930,000.

    Sale prices for medical spaces in Hilo, HI start at $1,650,000, averaging $1,965,000, and reaching up to $2,280,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 11
    Office buildings 6
    Medical Office Space 3

    Demographics Overview

    Population 51K
    Population Growth (5Y) +3.2%
    Median Household Income $78,537
    College Educated 23.2%

    High-Yield Neighborhoods for Investment

    Identify Hilo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    96720 $2M

    Taxes & Financing

    Tax Rate (average for all types) 0.89%
    Property Tax per SF $6.19 per SF
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hawaii County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Browse Medical Office Space for Sale Near Hilo, HI

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    Most Searched ZIP Codes in Hilo, HI

    • 96720

    Featured Hilo Real Estate Agencies

    Realmo connects you with licensed Hilo CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    ReMax Properties
    88 Kanoelehua Ave, Suite A-105 Hilo, HI 96720
    Phone: (808) 333-4746
    www.remax.com/realestateofficerealtor/hilo-hi-96720-remaxproperties-id60040787.html
    Salt Water Real Estate LLC
    348 Kulana Street Hilo, HI 96720
    Phone: (808) 217-5860
    saltwater-hawaii.com/
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