180 Kinoole St Hilo, HI 96720

Property Details for 180 Kinoole St

Year built

1967

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.22 lot acres

Property size

21,252 SF

Zone code

3Z

Property type

Commercial real estate

APN

3-2-3-013-001

APU

323013001

Description

This remarkable three-story commercial building, situated in the heart of historic downtown Hilo, presents a unique investment opportunity. The solid concrete structure boasts a recently completed $300,000 renovation, encompassing a new central rooftop air conditioning system, over $100,000 in exterior repainting, updated office doors and hardware, and significant plumbing upgrades to ensure ADA accessibility. Meticulously maintained for the past 30 years, this property is exceptionally clean and well-maintained, showcasing a distinctive and appealing architectural design. The building is currently in turnkey condition, ready for immediate occupancy. A significant portion of the building is occupied by a national anchor tenant, leasing the majority of the third floor and a section of the second floor for their administrative offices. Detailed financial information, including current lease agreements, income statements, and expense reports, will be provided to qualified buyers. The property's location in Hilo, Hawaii's second-largest metro area, offers exceptional potential for growth and return on investment. The seller may consider a small purchase money mortgage for a qualified buyer. While all information is believed to be accurate, prospective buyers are encouraged to conduct their own due diligence to verify all aspects of the property. Square footage should be independently verified.

Location Insight

City

Hilo

County

Hawaii

State

Hawaii

Longitude

-155.088

Latitude

19.7238

CBSA code

25900

CBSA name

HILO, HI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments