Downtown Hilo Commercial

308 Kamehameha Avenue, Hilo, Hawaii 96720 Get Directions

SOLD

 

Total SqFt
25,534
Lot Size Area
12,050 SqFt
Land Tenure
Fee Simple
MLS #
202031739
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Overview

Landmark Historic Building that has been beautifully renovated. First Floor space suited for retail while second floor spaces are built out for office. Zoned CDH which allows for HOTEL USAGE. Located in a FEDERAL OPPORTUNITY ZONE. (Benefits Include: Temporary Tax Deferral, Step-Up in Basis, and Permanent Exclusion form Taxable Income of Capital Gains - see DBEDT Brochure). Central AC & Elevator

Property Details

Amenities
Private Restroom
Business Type
Mixed Use
Sold Date
03/19/2021
Sold Price
$2,200,000
Construction Materials
Metal Frame, Other, Wood Frame
Flooring
Wood
Gross Income
$427,428
Neighborhood
Downtown Hilo
Number Of Units Total
27
Property Frontage
Main Street
Property Type
Commercial/Industrial
Interior SqFt
25,534
Total SqFt
25,534
Status
Sold
Stories
3
Year Built
1912

Additional Property Info

Days on Market
86
Flood Zone
Zone VE
Property Condition
Above Average
Roof
Composition, Other
Tax Amount
$1,786
Tax Assessed Value
$1,956,700
Tax Assessed Value Improvements
$1,723,200
Tax Assessed Value Land
$233,500
Utilities
Light Electricity, Small Water Meter
Zoning
34 - BMX-4 Central Business Mix

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Listing Courtesy of CBI Residential Services Inc Courtesy of Alan J Christopher, CBI Residential Services Inc.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2025 by HiCentral MLS, Ltd.

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