Retail

Hilo, HI Retail Space for Sale

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Papaikou, HI Pepeekeo, HI Keaau, HI Kurtistown, HI Honomu, HI Hakalau, HI Mountain View, HI Volcano, HI
Four-Space Leasehold Shopping Center
Updated: May 28, 2025
Four-Space Leasehold Shopping Center

4-750 Kanoelehua Ave, Hilo, HI 96720

$1,215,000
5,992 sqft 0.48 AC lot
Four retail spaces totaling 5,992 square feet of leasable area
Leasehold interest with approximately 44 years remaining on the original 60‑year ground lease
21,050‑square‑foot land area zoned MCX‑20
25 parking stalls serving the center
Each retail space has a private restroom and individual electric metering
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Commercial Land Near Retail Corridor
Updated: Aug 8
Commercial Land Near Retail Corridor

2023 KILAUEA AVE, Hilo, HI 96720

$679,000
2023 Kilauea Ave, Hilo, HI 96720
Near the Puainako and Kilauea Ave. intersection
Close to KTA, Prince Kuhio Plaza, and Puainako Town Center
Near UH‑Hilo and Waiakea Kai Center
Potential applications include retail, quick‑service restaurant, medical office, or car wash
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Grocery Store with Ongoing Upgrades
Grocery Store with Ongoing Upgrades

715 Kinoole Street, Hilo, HI 96720

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Established wholesale retailer offering food and household merchandise from a Hilo commercial location.

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Historic Retail Building with 10 Units
Historic Retail Building with 10 Units

179 Kilauea Ave #10, Hilo, HI 96720

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1927 retail building with ten units, onsite management, tenant parking behind the building, and additional customer parking.

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Mixed-Use Development Site
Mixed-Use Development Site

210 Keawe St, Hilo, HI 96720

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Proposed plans combine residential units with ground-floor retail and upper-level office or retail space.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Hilo, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Village Storefront with Cottage
Village Storefront with Cottage

15-2883 PAHOA VILLAGE RD, Pahoa, HI 96778

$349,950
1,144 sqft

Three occupied commercial spaces combine customer parking, service-oriented layouts, and a landscaped rear garden setting.

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Waimea Town Plaza Commercial Space
Waimea Town Plaza Commercial Space

64-1061 MAMALAHOA HIGHWAY #101, Kamuela, HI 96743

$449,000
616 sqft

Commercial space with high visibility and flexible zoning in Waimea.

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Pahoa Village Commercial Complex
Pahoa Village Commercial Complex

15-2874 PAHOA VILLAGE RD 5, Pahoa, HI 96778

Contact for pricing
4,832 sqft

High-traffic commercial complex in Pahoa Village with multiple businesses.

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Retail, Mixed Use
Retail, Mixed Use

64-974 Mamalahoa Hwy, Kamuela, HI 96743

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Retail space

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Hilo, HI Retail Space Market Trends and Statistics

Explore 5 retail space for sale in Hilo, HI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,992 square feet of properties for sale, with an estimated market value of $1,894,000.

Sale prices for retail space in Hilo, HI start at $679,000, averaging $947,000, and reaching up to $1,215,000 — 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

Storefront properties 9
Shopping centers 8
Automotive properties 5
Gas stations 3
Auto shops 2

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 $947K

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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