$6,000,000
Active


  • MLS# 636640
  • Business, Commercial
  • South Hilo


LOCATION LOCATION LOCATION
Less than three blocks from the ocean & walking distance to all major conveniences, this unique building is loaded with potential. High ceilings, spacious rooms, great natural ventilation, peek-a-boo ocean views from the back apartments. Main level office spaces have air conditioning, individual bathrooms and all are currently leased. Majority of all windows have been rebuilt to original standards. Repaired and upgraded plumbing. There are 19 units upstairs for office and residential use. Additional 4 apartments downstairs and 2 offices with separate wheel chair accessible entrances. Considerable room for income earning potential.
ALL Financial information will be provided with accepted offer and signed confidentiality.
Leased spaces can only be shown with a contingent accepted offer.
The information herein may contain inaccuracies and is provided without warranty or guaranty of any kind. Agents and Buyers must independently verify any info they deem material or important to their purchase or any offered price thereunder.

Presented By
Clark Realty's Photo 720-441-2502

Days On Market
9
Assessed Value
$525,700
Annual Property Tax
$5,624
Tenure
Fee Simple
Tax Key (TMK)
Acres
0.12

Exterior

Zoning
CDH
Flood Zone Click to view tooltip
X

Building Features

Year Built
1941
Current Use
Apartments
Condo/Apartment
Commercial Condo
Multi-Family Income
Mixed Use
Office
Retail
Shopping Center
Wholesale

Utilities

Power
Overhead
Water
Municipal
Meter Installed

Misc.

Business Started
2016

Select a Point of Interest and Radius from the form above.

South Hilo

Hilo town, the hub of the South and North Hilo districts, was once a thriving port for the sugar cane industry. Today it is the Hawaii County Seat and home of the island's major state and federal offices, a modern international airport, Hilo Medical Center, the University of Hawaii-Hilo, and state-of-the-art Imiloa Astronomy Center.

Although Hilo is not an incorporated city, it is the second-largest population center in the state with over 40,000 residents according to the 2000 census. Hilo also has an array of commerce and entertainment offerings--boutiques and galleries, big box stores, restaurants, museums, and several hotels.

The historic Bayfront area, though impacted by major tsunamis in 1946 and 1960, is still a center of economic and cultural activity, including a weekly farmers market, Palace Theatre events and the annual Black & White Night, Merrie Monarch, and Ho'olaule'a festivals.

Embracing the town's reputation as "the rainiest city in America", Hilo residents have a certain pride about East Hawaii's weather and enjoy a different flavor of Hawaii life than their neighbors on the dry west side. The Big Island’s famed greenery, tropical fruits and flowers, trees, ferns, forests, and farms all require reliable rainfall to thrive. Water is so important to life in Hawaii that waiwai (the word for "water", doubled) translates as "assets, valuable, wealth, rich, worth and benefit."

As is true for much of the Big Island, Hilo real estate is a mixed market, with upscale custom homes and fixer-upper "opportunity" properties, condos, vacation residences, private estates and oceanfront property. A knowledgeable Clark Realty agent can guide you to the best Hilo property for your needs.


Please Note: This calculator is designed for research and comparison purposes only. For pre-qualification and a rate quote from a qualified local lender, please contact us and we will connect you with a lender.

Interest rate, taxes, insurance, PMI payments, etc., displayed above are estimates only and are subject to change based on market conditions and individual financial circumstances. Clark Realty is not a lender and does not guarantee that the rate and terms displayed above can be obtained.


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Listed By Hawaii International Properties Llc

© MLS Hawaii, Inc., All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed.


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