REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Akemi Rubenstein

akemi@hawaiisweethome.com +1(808) 960-1804

$ 1,200,000

Est. payment | -/mo

3,297 Sqft Lot

Save

$ 1,200,000

Est. payment | -/mo

Save

3,297 Sqft Lot

Key Details

Property Type Commercial

Sub Type Food Service,Office,Retail

Listing Status Active

Purchase Type For Sale

Subdivision Hilo Town

MLS Listing ID 729307

HOA Y/N No

Year Built 1944

Annual Tax Amount $2,344

Tax Year 2025

Lot Size 3,297 Sqft

Property Sub-Type Food Service,Office,Retail

Source Hawaii Information Service

Land Area 3297

Property Description

High visibility corner location, entrance to historic downtown Hilo and adjacent to the Hilo Farmers Market and Shell gas station. High traffic corridor. Average Annual Daily Traffic count is 9,780 (D.O.T. 2024). Unique, meaning the only stand alone building on Kamehameha Ave in downtown Hilo with a gated, open lanai with expansive ocean and park views, perfect for a cafe or tourist activity service. In addition to rarity, a fenced rear lot for several parking stalls, food trailer, or outdoor storage. Located just across Kamehameha Ave. is Mooheau bandstand, bus station and park. Open Hilo bay views. In 2025, Hawaii DBEDT reported approximately 1.32 million visitors in the first 9 months to Hawai'i island. It is estimated that roughly 20-30% or 264,000 to 396,000 visited the downtown Hilo area. CDH- commercial downtown Hilo zone, one of the highest and dense use zoning allowed on the Hawai'i Island. Perfect for owner- user with mid- long term business model. Be a part of this thriving, waterfront, business community with this highly desirable opportunity! Available for lease with option to purchase or lease. SMA zone

Location

State HI

County Hawaii Island (big Island)

Community Hilo Town

Area Hi

Zoning CDH

Region South Hilo

City Region South Hilo

Exterior

Utilities Available Cable Available, Electricity Available, Phone Available

View Y/N Yes

View Bay, Coastline, Ocean, Ocean Horizon, Sunrise

Topography Level

Garage No

Private Pool No

Building

Lot Description Corner Lot

Entry Level One

Sewer None

Others

Ownership Full

Acceptable Financing 1031 Exchange, Cash, Conventional, Lease Option, Purchase Money Mortgage

Listing Terms 1031 Exchange, Cash, Conventional, Lease Option, Purchase Money Mortgage

Special Listing Condition Fee Simple, Standard

Listed by Hilo Farmers Market Realty LLC

Nearby Locations

"My goal is to make your property journey seamless. Please feel free to contact me as your trusted local agent."

+1(808) 960-1804

akemi@hawaiisweethome.com

374 KAMEHAMEHA AVE Hilo, HI 96720

Akemi Rubenstein

Key Details

Location

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

374 KAMEHAMEHA AVE