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    Hilo, HI Storefront Properties 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: 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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    Four-Unit Mixed-Use Building
    Updated: Nov 12, 2021
    Four-Unit Mixed-Use Building

    96 Wainaku Street, Hilo, HI 96720

    $249,000
    2,220 sqft
    Four‑unit configuration with three residential units and one storefront
    V-.75 zoning
    1935 building construction
    Newer roof
    Existing tenants remain; property is sold as‑is
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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 6 Potential Opportunities for your consideration. Besides 2 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.

    Mixed-Use Property with Storefront
    Mixed-Use Property with Storefront

    48-5416 KUKUIHAELE RD, Honokaa, HI 96727

    $741,000
    2,784 sqft 0.24 AC lot

    Retail, café, office, and residential space share a 1925 building, with the apartment currently leased.

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    Three-Tenant Storefront Property
    Three-Tenant Storefront Property

    15-2883 PAHOA VILLAGE RD, Pahoa, HI 96778

    $349,950
    1,144 sqft 0.24 AC lot

    CV-10 zoning and three established service businesses occupy a freestanding commercial property with customer parking and a rear cottage.

    View details
    Historic Mixed-Use Building
    Historic Mixed-Use Building

    48-5416 Kukuihaele Rd, Honokaa, HI 96727

    $741,000
    2,784 sqft 0.24 AC lot

    Commercial property combining retail, café, office, and furnished residential space in a well-maintained plantation-style building.

    View details
    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.

    View details

    Hilo, HI Storefront Properties Market Trends and Statistics

    Explore 2 storefront properties for sale in Hilo, HI on our real estate platform. These investment opportunities span a total of 8,212 square feet of properties for sale, with an estimated market value of $1,464,000.

    Sale prices for retail units in Hilo, HI start at $249,000, averaging $732,000, 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
    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 $732K

    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)

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