Strip Mall

Hilo, HI Strip Malls for Sale

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Lehua Center Retail Leasehold
Updated: Feb 24, 2025
Lehua Center Retail Leasehold

750 Kanoelehua Avenue, Unit 4, Hilo, HI 96720

$1,350,000
5,992 sqft
Leasehold retail center on busy Kanoelehua Ave. with 4 retail spaces totaling 5,992 sq. ft. of leasable area
Each retail space has its own private restroom and is individually metered for electricity
25 parking stalls and chain link fencing on 21,050 sq. ft. land area
Zoned MCX‑20; built in 2017
60‑year ground lease has approximately 44 years remaining, with known ground rents through 8/31/29 and fee not available
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

Fully Leased Four-Unit Retail Building
Fully Leased Four-Unit Retail Building

691 E 14Th St, San Leandro, CA 94577

$1,350,000
3,200 sqft

Four fully leased retail units total 3,200 SF in a downtown retail building with side-lot parking.

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Strip Mall Storefront Property
Strip Mall Storefront Property

601-99 E 14th Street, San Leandro, CA 94577

$8,500,000
26,129 sqft

Strip mall storefront property located on E 14th Street in San Leandro, CA.

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Five-Unit Retail Strip Property
Five-Unit Retail Strip Property

Hayward, CA 94541

$649,000
2,455 sqft 0.08 AC lot

Multi-tenant strip center with small retail/service units and shared rear restrooms, suited for an owner-operator or investor.

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Mixed-Use Retail Strip Center
Mixed-Use Retail Strip Center

24453-24475 Mission Blvd, Hayward, CA 94544

Contact for pricing
8,750 sqft 2.09 AC lot

Partially leased strip center on Mission Blvd with mixed-use zoning and upside tied to tenant rollover.

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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.

Paradise Skyway Commercial Land Opportunity
Paradise Skyway Commercial Land Opportunity

9272-9300 Skyway, Paradise, CA 95969

$139,000

High-traffic location with flexible zoning for various commercial uses.

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Vacant Commercial Development Lot
Vacant Commercial Development Lot

704 N Fresno Street, Fresno, CA 93701

$199,900
0.34 AC lot

Vacant commercial lot near Fresno Community Regional Medical Center and Hwy 41/Tulare Ave exit.

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Commercial Land Parcel with Dual Access
Commercial Land Parcel with Dual Access

Highway 74, Perris, CA 92570

$695,000
2.63 AC lot

2.63-acre CR-zoned parcel on State Highway 74 with dual ingress/egress via Taylor Rd.

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Land
Land

14879 Monarch, Victorville, CA 92395

$745,000

Commercial land

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Hilo, HI Strip Malls Market Trends and Statistics

Explore 1 strip malls 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 $1,350,000.

Sale prices for retail strips in Hilo, HI average $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 7
Storefront properties 7
Automotive properties 4
Gas stations 3
Auto shops 1

Demographics Overview

Population 51K
Population Growth (5Y) +3.2%
Median Household Income $78,537
College Educated 23.2%

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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