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    Hilo, HI
    Restaurants

    Hilo, HI Restaurants for Sale

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    Papaikou, HI Pepeekeo, HI Keaau, HI Kurtistown, HI Honomu, HI Hakalau, HI Mountain View, HI Volcano, HI
    Corner Gas Station Site
    Updated: Apr 10
    Corner Gas Station Site

    744 Kamehameha Ave, Hilo, HI 96720

    $1,399,000
    1,404 sqft
    High‑traffic corner along Kamehameha Ave / Pauahi St and Hawaii Belt Rd to Kamehameha Ave South (DOT 2024).
    Average annual daily traffic: 12,693 on Kamehameha Ave, 9,121 on Pauahi St, and 23,107 on Hawaii Belt Rd to Kamehameha Ave South (DOT 2024).
    8 minutes to Hilo International Airport.
    Center of Wailoa Park, within 5 minutes walking distance to Federal/State/County offices, Hilo Farmers Market, and Hilo Bayfront Beach Park.
    Former retail/gas outlet; underground tanks were removed and environmental studies were completed.
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    Restaurant Space Overlooking Kalakaua Park
    Updated: Mar 1, 2025
    Restaurant Space Overlooking Kalakaua Park

    110 Kalakaua St, Hilo, HI 96720

    $300,000
    Fully furnished restaurant space with complete kitchen setup and equipment.
    Spacious location overlooking Kalakaua Park in downtown Hilo.
    Proven location; previously home to a successful restaurant.
    Guest Facilities: 3
    Zoning: CDH
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turn-Key Liquor-Licensed Restaurant
    Turn-Key Liquor-Licensed Restaurant

    101-430 Kele St, Kahului, HI 96732

    $450,000
    4,500 sqft

    Turn-key full-service Asian restaurant for sale, featuring a liquor license and a recently remodeled kitchen.

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    Mixed-Use Restaurant and Office
    Mixed-Use Restaurant and Office

    318 N Market St, Wailuku, HI 96793

    $799,000

    Remodeled live-work property with a fully equipped commercial kitchen and upstairs office and living space.

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    Turnkey Full-Service Restaurant
    Turnkey Full-Service Restaurant

    430 Kele St, Kahului, HI 96753

    $450,000

    Turnkey full-service restaurant with liquor license and a recently updated kitchen.

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    Wailuku Restaurant with Liquor License
    Wailuku Restaurant with Liquor License

    1764 Wili Pa Loop, Wailuku, HI 96793

    $2,500,000

    120-seat restaurant with liquor license in prime Wailuku location.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Volcano Land Parcel For Sale
    Volcano Land Parcel For Sale

    18-1977 OHIA NANI RD, Volcano, HI 96785

    $45,000
    0.28 AC lot

    Land parcel near Volcano Village and Mountain View Town.

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    Adjacent Commercial Development Lots
    Adjacent Commercial Development Lots

    2 Lots Kupaoa St, Pukalani, HI 96768

    $3,962,000
    1.65 AC lot

    Two adjacent commercial lots in the Kulamalu Commercial Subdivision, offered together for flexible development in Pukalani.

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    Commercial Land in Fortuna, CA
    Commercial Land in Fortuna, CA

    18 River Ranch Road, Fortuna, CA 95540

    $405,000
    1.30 AC lot

    1.30 acre commercial lot with utilities and riverwalk frontage.

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    Commercial Lot in Fortuna, CA
    Commercial Lot in Fortuna, CA

    17 River Ranch Road, Fortuna, CA 95540

    $385,000
    1.15 AC lot

    1.15 acre commercial lot ready to build on.

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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.

    326 Kilauea Ave
    RESTAURANT

    326 Kilauea Ave, Hilo, HI 96720-3008

    Value Estimation by Request
    1,860 sqft 0.30 AC lot
    View details

    Hilo, HI Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Hilo, HI on our real estate platform. These investment opportunities span a total of 1,404 square feet of properties for sale, with an estimated market value of $1,399,000.

    Sale prices for restaurant properties in Hilo, HI start at $1,399,000, averaging $1,399,000, and reaching up to $1,399,000 — 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

    Conventional restaurants 1
    Drive through restaurants 1

    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 $666.3K

    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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