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    Hilo, HI
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    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
    Restaurant Leasehold with Full Kitchen
    Updated: Jul 16
    Restaurant Leasehold with Full Kitchen

    110 KALAKAUA ST, Hilo, HI 96720

    $250,000
    8,548 sqft
    Leasehold restaurant space overlooking Kalakaua Park in downtown Hilo
    Includes full kitchen setup with equipment
    Fully furnished space
    Year built: 1898
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    Corner Gas Station Site
    Updated: Apr 2
    Corner Gas Station Site

    744 Kamehameha Ave, Hilo, HI 96720

    $1,299,000
    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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    Turnkey Cafe with Commercial Kitchen
    Turnkey Cafe with Commercial Kitchen

    42 Waianuenue Ave, Hilo, HI 96720

    $179,000

    Well-maintained cafe includes leasehold improvements, customer seating, and a commercial cold kitchen for ready-to-operate service.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Leasehold Restaurant Opportunity
    Leasehold Restaurant Opportunity

    194 KILAUEA AVE, Hilo, HI 96720

    Contact for pricing

    Leasehold restaurant with extensive commercial kitchen equipment and an optional turnkey fixtures package available.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 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 1 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.

    Plantation-Style Mixed-Use Building
    Plantation-Style Mixed-Use Building

    48-5416 KUKUIHAELE RD, Honokaa, HI 96727

    $780,000
    2,784 sqft 0.24 AC lot

    Retail, café, office, and residential components occupy a well-maintained commercial property near Honokaʻa town.

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    Turnkey Kona Coffee Farm Paradise
    Turnkey Kona Coffee Farm Paradise

    79-7346 Hawaii Belt Rd, Kealakekua, HI 96750

    $12,000,000
    3,200 sqft 20.00 AC lot

    20-acre Kona coffee farm with established business ventures.

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    Turnkey Kona Coffee Farm
    Turnkey Kona Coffee Farm

    79-7346 Mamalahoa Hwy, Kealakekua, HI 96750

    $12,000,000
    3,200 sqft

    Fully equipped wet and dry mill supports ongoing Kona coffee processing on a multi-use farm estate.

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    Restaurant and Bar with Custom Furnishings
    Restaurant and Bar with Custom Furnishings

    45-3580 MAMANE ST, Honokaa, HI 96727

    Contact for pricing
    3,236 sqft

    Three-phase power, propane service, and a backup generator support ongoing commercial operations.

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    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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    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

    $315,000
    Estimated value
    1,860 sqft 0.30 AC lot
    View details

    Hilo, HI Restaurants Market Trends and Statistics

    Explore 5 restaurants for sale in Hilo, HI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,548 square feet of properties for sale, with an estimated market value of $1,728,000.

    Sale prices for restaurant properties in Hilo, HI start at $179,000, averaging $576,000, and reaching up to $1,299,000 — 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 2
    Coffee shops 1
    Commercial kitchens 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 $576K

    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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