292 Kamehameha Ave Unit 292,300,302, HILO, HI 96720

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Sold Price
$1,750,000
List Price
$1,890,000
Days on Market
36
Closing Date
Mar 10, 2026
MLS#
725131
Status
CLOSED
Type
Commercial
Bathrooms
1
Living Area
7,372
Land Tenure
Fee Simple
Neighborhood
Hilo Town
Subdivision
Hilo Town

Property Description

Prime Bayfront Commercial Property – Hilo, Hawai‘i Discover a rare investment opportunity in the heart of Hilo’s bustling bayfront district. This well-maintained 7,372 sq. ft. commercial building features a thriving health food store along with two additional retail spaces, all with long-term tenants in place — providing a stable, income-producing asset from day one. Recently painted and carefully maintained, the property offers a highly visible location on Bayfront Drive, surrounded by popular local businesses, restaurants, and tourist destinations. Ample free street parking and steady foot traffic make it an ideal setting for continued retail success. Property Highlights: • Total Building Area: 7,372 sq. ft. • Three retail units, including an established health food store tenant • Long-term leases in place – consistent rental income • Recently painted exterior – clean and well-kept appearance • Prime Bayfront location with excellent visibility and signage potential • Ample street parking and strong pedestrian presence • Convenient access to downtown Hilo and major transportation routes Whether you’re seeking a turn-key investment or a high-exposure retail property in one of Hilo’s most desirable commercial areas, this property offers both stability and future upside potential at this very popular tourist destination! Leasable area breakdown: 290-292 Kamehameha Ave. 3,870 sqft. 300 Kamehameha Ave. 1,790 sqft. 302 Kamehameha Ave. 1,712 sqft.

Additional Information

View
Bay, Ocean
Zoning
CDH
Design
Hollow Tile
Lot Size
8,791
Water
Public
Frontage
Road/Street
Topography
Level
Unit
292,300,302
District
South Hilo
Unit Description
Single Level
Year Built
1958

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Listing courtesy of Coldwell Banker Island Properties - Hilo. Selling Office: .

Based on information from the Multiple Listing Service of the Hawaii Information Service listings last updated . Information is deemed reliable but not guaranteed. Copyright 2026 by the Hawaii Information Service Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer’s agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.