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Hilo, HI Office Buildings for Sale

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Papaikou, HI Pepeekeo, HI Keaau, HI Kurtistown, HI Honomu, HI Hakalau, HI Mountain View, HI Volcano, HI
Two-Story NNN Office Building
Updated: Jun 17, 2025
Two-Story NNN Office Building

891 ULULANI ST, Hilo, HI 96720

$3,238,000
11,996 sqft 0.57 AC lot
11,996 square feet of ADA‑compliant office space across two floors
True Triple Net lease with one tenant and scheduled Honolulu annual CPI increases
Current annual cap rate of 6.78%
2024 air‑conditioning system installation
0.5693‑acre site with CG‑7.5 zoning
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Multi-Building Flex Property
Updated: Aug 3
Multi-Building Flex Property

913 KANOELEHUA AVE, Hilo, HI 96720

$6,195,000
31,836 sqft 1.38 AC lot
Fee‑simple ownership across two contiguous Tax Maps
Three buildings with 31,836 sq. ft. under roof on 1.38 acres
14,000+ sq. ft. steel‑frame warehouse with 2,200 sq. ft. mezzanine/office area
12,000 sq. ft. corner warehouse for storage and warehousing
3,236 sq. ft. office building occupied by a radio station
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Commercial Buildings with Parking Lot
Commercial Buildings with Parking Lot

224 HAILI ST, Hilo, HI 96720

$1,650,000
4,816 sqft

Two commercial buildings with a 16-stall parking lot.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
NNN Office Building with Elevator
NNN Office Building with Elevator

891 Ululani St, Hilo, HI 96720

$3,238,000
11,996 sqft

Two-story, single-tenant property with ADA-compliant space, private offices, meeting rooms, and secure paved parking.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in Hilo, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

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Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

614 Kapahulu Ave, Honolulu, HI 96815

Contact for pricing
26,853 sqft

Flexible floor plates support full-floor occupancy or smaller multi-tenant configurations.

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Honolulu Office Building For Sale
Honolulu Office Building For Sale

1542 Young Street, Honolulu, HI 96826

$4,700,000
14,718 sqft

Three-story Honolulu building with versatile space and redevelopment potential.

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Kailua-Kona Office Building For Sale
Kailua-Kona Office Building For Sale

75-167 Kalani Street, Kailua Kona, HI 96740

$1,900,000

7,456 SF office building in the heart of Kailua-Kona.

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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.

207 Kukuau St
OFFICE BUILDING

207 Kukuau St, Hilo, HI 96720-2619

$215,000
Estimated value
585 sqft
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1178 Kilauea Ave
OFFICE BUILDING

1178 Kilauea Ave, Hilo, HI 96720-4229

$1,545,000
Estimated value
12,160 sqft 0.61 AC lot
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456 Kalanianaole Ave
OFFICE BUILDING

456 Kalanianaole Ave, Hilo, HI 96720-4759

$1,900,000
Estimated value
14,480 sqft 4.07 AC lot
View details
101 Hualalai St
OFFICE BUILDING

101 Hualalai St, Hilo, HI 96720-3865

$350,000
Estimated value
4,875 sqft 0.47 AC lot
View details
93 Kawailani St
OFFICE BUILDING

93 Kawailani St, Hilo, HI 96720-5694

$240,000
Estimated value
1,008 sqft 0.41 AC lot
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452 Kalanianaole Ave
OFFICE BUILDING

452 Kalanianaole Ave, Hilo, HI 96720-4704

$3,335,000
Estimated value
26,120 sqft 1.00 AC lot
View details

Hilo, HI Office Buildings Market Trends and Statistics

Explore 10 office buildings for sale in Hilo, HI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 60,644 square feet of properties for sale, with an estimated market value of $14,321,000.

Sale prices for office properties in Hilo, HI start at $1,650,000, averaging $3,580,250, and reaching up to $6,195,000 — 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 18
Medical Office Space 9
Office buildings 8

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 $3.6M

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

Office

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