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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 Hakalau, HI Mountain View, 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
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Hilo, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 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.

    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.

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    Second-Floor Office Unit
    Second-Floor Office Unit

    C-169 Maa St, Kahului, HI 96732

    Contact for pricing
    756 sqft

    Flexible workspace with natural light, private restroom and shower, plus kitchen and break area.

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    Surgical Facility in Central Maui
    Surgical Facility in Central Maui

    239 E Wakea Ave, Kahului, HI 96732

    $3,675,000

    Medical facility with surgical infrastructure in Kahului's business district.

    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 8
    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Hawaii County

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