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    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
    Leasehold Retail Center on Kanoelehua
    Updated: Mar 21, 2025
    Leasehold Retail Center on Kanoelehua

    750 KANOELEHUA AVE #4, Hilo, HI 96720

    $1,215,000
    5,992 sqft 0.48 AC lot
    Priced below 2023 appraisal.
    Located on busy Kanoelehua Ave., minutes from Hilo International Airport.
    Entire property leased to a single tenant until September 30, 2027.
    Four retail spaces totaling 5,992 sq. ft. of leasable area.
    Each space has its own private restroom and is individually metered for electricity.
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    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 6 Potential Opportunities for your consideration. Besides 1 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.

    B-2 Retail Nursery Property
    B-2 Retail Nursery Property

    1746-A S Kihei Rd, Kihei, HI 96753

    $3,295,000
    38,877 sqft 0.89 AC lot

    B-2 zoned retail nursery property with motion-activated motorized entrances and detached greenhouse on flat, usable land.

    View details
    Waimea Commercial Property For Sale
    Waimea Commercial Property For Sale

    64-1015 MAMALAHOA HIGHWAY, Kamuela, HI 96743

    $6,999,000
    14,935 sqft

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

    View details
    Commercial
    Commercial

    64-1013 MAMALAHOA HIGHWAY, Kamuela, HI 96743

    $3,999,000
    6,200 sqft

    Mixed-use properties · 6,200 SF

    View details
    Retail or Office Space Near Ocean
    Retail or Office Space Near Ocean

    1847 S Kihei Rd #CB 106, Kihei, HI 96753

    $489,000

    Clean, ground-floor unit across from Kalama Park and the ocean.

    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.

    PUD-Zoned Commercial Land with Frontage
    PUD-Zoned Commercial Land with Frontage

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    2.07 AC lot

    2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

    View details

    Hilo, HI Retail Space Market Trends and Statistics

    Explore 1 retail space for sale in Hilo, HI 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 $1,215,000.

    Sale prices for retail space in Hilo, HI start at $1,215,000, averaging $1,215,000, 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

    Shopping centers 6
    Automotive properties 4
    Gas stations 3
    Storefront properties 3
    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 average listing prices of real estate assets

    Neighborhood Average Price
    96720 $2.4M

    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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