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    Hilo, HI Retail Space for Sale

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    Papaikou, HI Pepeekeo, HI Keaau, HI
    Prime Commercial Property in Hilo
    $1,990,000

    Prime Commercial Property in Hilo

    744 Kamehameha Avenue, Hilo, HI 96720

    High-visibility corner lot in central Hilo, near landmarks.

    • Prime commercial property in central Hilo location with high visibility and traffic.
    • Proximity to government offices, Hilo Farmers Market, banks, stores, restaurants, and Hilo Bayfront Beach Park.
    • Located in the center of Wailoa Park.
    • Convenient access to Hilo International Airport (8 minutes).
    • Environmental studies completed; underground tanks removed.
    Updated: Apr 14
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    Prime Commercial Property in Hilo
    $1,990,000

    Prime Commercial Property in Hilo

    744 KAMEHAMEHA AVE, Hilo, HI 96720

    High-visibility corner lot in central Hilo location.

    • Prime commercial property in a central Hilo location.
    • High visibility corner lot on Kamehameha Ave / Hawai'i Belt Rd.
    • Walking distance to government offices, Hilo Farmers Market, banks, stores, and restaurants.
    • Close proximity to Hilo Bayfront Beach Park, Naniloa Golf Course, and Lili'uokalani Gardens.
    • Underground tanks removed and environmental studies completed.
    Updated: Apr 11
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    Iconic Hilo Bay Building Complex
    $6,000,000
    24,580 SF

    Iconic Hilo Bay Building Complex

    Historic downtown property with retail storefronts and office suites.

    260 Kamehameha Avenue, Hilo, HI 96720
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    Leasehold Retail Center on Kanoelehua
    $1,350,000
    5,992 SF

    Leasehold Retail Center on Kanoelehua

    Leasehold retail center with four spaces near Hilo Airport.

    750 KANOELEHUA AVE #4, Hilo, HI 96720
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 4 Active listings in Hilo, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Kihei Commercial Plaza Retail Space
    $420,000
    1,036 SF

    Kihei Commercial Plaza Retail Space

    Ground-floor commercial condo in Kihei's light industrial corridor.

    320 Ohukai St, Kihei, HI 96753
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    Kihei Commercial Condominium For Sale
    $645,000
    1.49 Acres

    Kihei Commercial Condominium For Sale

    Commercial condominium with retail and warehouse space in Kihei.

    300 Ohukai Road Rd, Kihei, HI 96753
    View details
    Waimea Town Plaza Commercial Space
    $485,000
    616 SF

    Waimea Town Plaza Commercial Space

    Commercial space with high visibility and flexible zoning in Waimea.

    64-1061 MAMALAHOA HIGHWAY #101, Kamuela, HI 96743
    View details
    Waimea Commercial Property For Sale
    $7,999,000
    14,935 SF

    Waimea Commercial Property For Sale

    Two fully occupied warehouse buildings with storage, retail, and residential uses.

    64-1015 MAMALAHOA HIGHWAY, Kamuela, HI 96743
    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.

    Prime PUD-Zoned Land Opportunity
    $1,599,000
    900 SF

    Prime PUD-Zoned Land Opportunity

    2.07 acres of PUD-zoned land in a growing corridor.

    3229 State Road 207, Elkton, FL 32033
    View details

    Hilo, HI Retail Space Investment Opportunities Market Analysis

    Explore 4 retail space for sale in Hilo, HI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 30,572 square feet of properties for sale, with an estimated market value of $7,350,000.

    Sale prices for retail space in Hilo, HI start at $1,350,000, averaging $3,675,000, and reaching up to $6,000,000 — 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

    Shopping centers 5
    Storefront properties 5
    Automotive properties 3
    Gas stations 2
    Auto shops 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 median listing prices of real estate assets

    Neighborhood Average Price
    96720 $2.8M

    Taxes & Financing

    Tax Rate (average for all types) 0.89%
    Property Tax per SF $6.19 per sq ft
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

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