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    Hilo, HI Shopping Centers for Sale

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    Leasehold Retail Property on Kanoelehua
    Updated: May 12, 2025
    Leasehold Retail Property on Kanoelehua

    750 Kanoelehua Ave 4, Hilo, HI 96720

    $1,350,000
    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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    Four-Space Leasehold Shopping Center
    Updated: Mar 20, 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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    Leasehold Retail Property For Sale
    Leasehold Retail Property For Sale

    750 Kanoelehua Avenue, Hilo, HI 96720

    $1,215,000
    5,992 sqft 0.48 AC lot

    Leasehold retail property on Kanoelehua Ave, minutes from Hilo Airport.

    View details
    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 7 Potential Opportunities for your consideration. Besides 3 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.

    Neighborhood Retail Shopping Center
    Neighborhood Retail Shopping Center

    2400-2416 Sir Francis Drake Blvd, Fairfax, CA 94930

    Contact for pricing
    8,617 sqft 1.56 AC lot

    Multi-tenant retail property with full occupancy, established improvements, and C1-HOD zoning in Fairfax.

    View details
    Keeaumoku Area Commercial Building
    Keeaumoku Area Commercial Building

    927 Sheridan St, Honolulu, HI 96814

    $4,500,000
    11,134 sqft

    Secure building with loading dock near Ala Moana Shopping Center.

    View details
    Shopping Center with Full Occupancy
    Shopping Center with Full Occupancy

    2400 - 2410 Sir Francis Drake Blvd, Fairfax, CA 94930

    $4,200,000

    Seven occupied tenant spaces support an established retail center under C1-HOD zoning in Fairfax.

    View details
    Kaimuki Atrium Shopping Center
    Kaimuki Atrium Shopping Center

    1137 11th Avenue, Honolulu, HI 96816

    Contact for pricing
    1,600 sqft

    Corner property with restaurant and retail occupancy in Kaimuki’s business district.

    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 17,976 square feet of properties for sale, with an estimated market value of $3,780,000.

    Sale prices for plazas in Hilo, HI start at $1,215,000, averaging $1,260,000, and reaching up to $1,350,000 — 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
    Storefront properties 3
    Auto shops 2
    Automotive properties 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 $1.3M

    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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