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    Property profile & analytics
    OFF-MARKET Estimated value $840,000
    Residential income homes

    101 Aupuni St Ste 1014a, Hilo, HI 96720-4259

    2,453 SF Built 1971
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US24-0408461
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a penthouse commercial suite within the prestigious Hilo Lagoon Centre. Strategically located adjacent to the State and County building, Wailoa State Park, and a vibrant mix of retail, banking, dining, and coffee establishments, this property offers unparalleled convenience and visibility. The suite, currently divided into five spaces occupied by three tenants, boasts breathtaking views of Wailoa State Park. The versatile layout allows for potential subdivision into two separate tax map keys (TMK's), providing flexibility for future expansion or individual leasing. Included in the sale are two restrooms, four reserved parking stalls, and two floating parking stalls, ensuring ample parking for tenants and visitors. Building amenities include a refreshing pool and a convenient conference room available for owner and tenant use. The property's strong tenant base contributes to a stable income stream, with current monthly maintenance fees of $3,040.58 for 2025, encompassing electricity, water, sewer, and common area maintenance. The Hilo Lagoon Centre provides 24-hour security, enhancing the safety and peace of mind for all occupants. This is a rare opportunity to acquire a high-value commercial property in a thriving Hilo location. All information is believed to be accurate, but prospective buyers are advised to conduct their own due diligence. Please allow 48+ hours' notice for showings. Do not disturb tenants.

    Property profile
    Verified
    Property type Residential income homes
    Use group APARTMENT HOUSE (UNDER 5 UNITS)
    Year built 1971
    Total area 2,453 SF
    Zoning code 3A
    APN 3-2-2-014-010-0269
    UPID US24-0408461
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bratton Joe PhD Physician Medical Clinic
    • Teni M. Garrett-Johnson, PHD Physician Medical Clinic
    • Iwata Brian M CPA Consultant
    • Hilo Lagoon Center Association Condominium Complex
    • Hawaii County Liquor Control County Government Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $756k
    Blend (final) Blend
    $840k
    Owner & transaction history
    Kuikahi Mediation Center · 2 yrs held
    Kuikahi Mediation Center
    since 2024
    Last sale
    $47,132
    4 recorded transactions
    2024
    $23,377
    2024
    $47,132
    2022
    2006
    Zoning & alternative use
    3A · Hilo, HI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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