101 Hilo Lagoon Ctr Hilo, HI 96720
- Warehouses
- 1,518 SF
Current Use by Public Records
- Isalis / Jewelry Store / Gift Shop
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 101 Hilo Lagoon Ctr
- Property size
- 1,518 SF
- Property type
- Warehouses
- Property subtype
- Land
Description
This exceptional 1,518-square-foot warehouse, situated in the prestigious Hilo Lagoon Centre (address: 101 Hilo Lagoon Centre, Hilo, HI 96720), presents a compelling investment opportunity. Priced at $525,000, this industrial property offers significant potential. The property includes two separate units (3/2-2-14:010-25&26), each with its own entrance, making it ideal for two businesses or a single operation requiring distinct spaces. Each unit boasts five private offices, a kitchen, and a full bathroom with a shower. Parking is provided with two reserved stalls per unit, plus two additional "floating" stalls. Common area maintenance (CAM) charges are $784.55 per month for one unit and $951.89 per month for the other, encompassing electricity, water, and sewer. Currently vacant, the property is in usable condition and ready for immediate occupancy. This is a rare opportunity to acquire a well-located, versatile warehouse in a desirable Hawaii County location. The property is classified as Industrial and Land, with a Commercial subtype.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hilo
- County
- Hawaii
- State
- Hawaii
- Longitude
- -155.077
- Latitude
- 19.7175
