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    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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    Leasehold Retail Property on Kanoelehua
    Updated: Feb 25, 2025
    Leasehold Retail Property on Kanoelehua

    750 Kanoelehua Ave, Hilo, HI 96720

    $1,215,000
    5,992 sqft 0.48 AC lot
    Priced below 2023 appraisal.
    Entire property leased to a single tenant until September 30, 2027, providing immediate income.
    Prime commercial location on busy Kanoelehua Ave., near Hilo International Airport.
    Four retail spaces totaling 5,992 sq. ft. of leasable area, each with a private restroom and individual electric meter.
    Includes 25 parking stalls.
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    Historic Retail Building with 10 Units
    Historic Retail Building with 10 Units

    179 Kilauea Ave #10, Hilo, HI 96720

    Contact for pricing

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Hilo, HI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Multi-Tenant Retail Center with Ground Lease
    Multi-Tenant Retail Center with Ground Lease

    41-1537 Kalanianaole Highway, Waimanalo, HI 96795

    $10,500,000
    35,809 sqft 2.20 AC lot

    Multi-tenant retail center offers leasable space, second-floor offices, and 95 parking stalls under a master ground lease.

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    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    41-1537 Kalanianaole Highway, Waimanalo, HI 96795

    $10,500,000

    Value-add shopping center with 36,000 sq. ft. of leasable area, 6,300 sq. ft. second-floor offices, and 95 parking stalls.

    View details
    Kaimuki Retail Investment Opportunity
    Kaimuki Retail Investment Opportunity

    3040 Waialae Avenue, Honolulu, HI 96816

    $8,750,000

    Retail property near Kaimuki business district, high visibility, ample parking.

    View details
    Ala Moana Boulevard Retail Opportunity
    Ala Moana Boulevard Retail Opportunity

    1778 Ala Moana Blvd, Honolulu, HI 96815

    Contact for pricing
    36,956 sqft

    World-class retail property with income growth potential in Honolulu, Hawaii.

    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.

    Santa Rosa Outlots For Sale
    Santa Rosa Outlots For Sale

    190 & 210 Bicentennial Way, Santa Rosa, CA 95403

    Contact for pricing
    1.53 AC lot

    Outlots in shopping center anchored by The Home Depot.

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    Zoned Commercial Land Parcel
    Zoned Commercial Land Parcel

    Central Avenue, Mckinleyville, CA 95519

    $395,000
    250,470 sqft 5.75 AC lot

    5.75-acre commercial land parcel zoned C-2 for a range of light commercial, enclosed-building uses.

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    C-2 Community Commercial Land
    C-2 Community Commercial Land

    Central Avenue, Mckinleyville, CA 95519

    $395,000
    5.75 AC lot

    5.75-acre commercial land zoned C-2 Community Commercial for light commercial uses.

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    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    2293 W. A Street, Dixon, CA 95620

    Contact for pricing
    23.50 AC lot

    ±23.50 acres of commercial land in Dixon, California.

    View details

    Hilo, HI Shopping Centers Market Trends and Statistics

    Explore 3 shopping centers for sale in Hilo, HI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,984 square feet of properties for sale, with an estimated market value of $2,430,000.

    Sale prices for plazas in Hilo, HI average $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 7
    Storefront properties 7
    Automotive properties 3
    Gas stations 3

    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 $1.2M

    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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