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750 Kanoelehua Ave, Hilo, HI 96720
$1,350,000
Commercial
for sale
5,992 sqft
Neighborhood:
Waiakea Hselots
1 min drive to the beach
2 min drive to Banyan Golf Course
About lifestyles
This is a leasehold property. Prime commercial property for sale (leasehold) on busy Kanoelehua Ave., just minutes to Hilo International Airport. The center is known as Lehua Center and includes four retail spaces totaling 5,992 sq. ft. of leasable area. Each space has it's own private restroom and is individually metered for electricity. There are 25 parking stalls. The land area is 21,050 sq. ft. and is zoned MCX-20. The original 60 year ground lease has approximately 44 years remaining with known ground rents until 8/31/29. The fee is not available, but there is a first right of refusal. The entire property is leased to a single tenant until September 30, 2027. That tenant in turn subleases the individual spaces. Lessor is responsible for building exterior repairs and common area maintenance. Lessee is responsible maintaining the interior spaces. Priced below 2023 appraisal. Please DO NOT disturb tenants. Offer subject to inspection.
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Details
2017 year built
- Year Built 2017
- Days on market 54
- Price per sqft $225/sqft
-
Address
750 Kanoelehua Ave, Hilo, HI, 96720
- Frontage Main Street
- Neighborhood Waiakea Hselots
- Land area 21,050 sqft / 0.483 acres
- Total Interior Area 5,992 sqft
- City of Big Island Hilo
- Region South Hilo
- Island Big Island
- Land tenure LH - Leasehold
- Number of Units 4
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$6,884
Taxes
$1,335
HOA dues
$0
Mortgage
Down payment
$270,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$6,884 / month
Neighborhood: Waiakea Hselots
Nearby & commute
Coffee shops
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no data
Bus stop
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Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
Amenities & Features
Concrete floors
Property Condition
Above Average
Construction/Exterior Finish
Wood Frame
Floor Covering
Concrete
Easements
None
Parking
On Site
Utilities Included
Gas, Light Electricity, Small Water Meter
Amenities
Fire Sprinkler, Public Restroom
Waiakea Hselots prices
Average price $4.39m
Neighborhood average sales price*
$4.39m
Neighborhood median sales price*
$1.74m
Number or sales*
19
Street median sales price*
$1.58m
Median sale price Kapalua Golf Villas*
$1.58m
*last 6 months
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
| out of 10 |
Chiefess Kapiolani Elementary School
966 Kilauea Ave,
Hilo, HI 96720
Elementary School
|
0.983mi |
| out of 10 |
Chiefess Kapiolani Elementary School
966 Kilauea Ave,
Hilo, HI 96720
Middle School
|
0.983mi |
| out of 10 |
Waiakea High School
155 West Kawili St,
Hilo, HI 96720
High School
|
1.03mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Chiefess Kapiolani Elementary School
966 Kilauea Ave,
Hilo, HI 96720
|
0.983mi |
|
E Makaala School
440 West Lanikaula Street,
Hilo, HI 96720
|
1.083mi | |
| out of 10 |
Waiakea Elementary School
180 West Puainako St,
Hilo, HI 96720
|
1.219mi |
|
St. Joseph Elementary School
999 Ululani St,
Hilo, HI 96720
|
1.308mi | |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
1.337mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Chiefess Kapiolani Elementary School
966 Kilauea Ave,
Hilo, HI 96720
|
0.983mi |
| out of 10 |
Waiakea Intermediate School
200 West Puainako St,
Hilo, HI 96720
|
1.087mi |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
1.337mi | |
|
Mauna Loa School
172 Kapiolani Street,
Hilo, HI 96720
|
1.759mi | |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
1.866mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Waiakea High School
155 West Kawili St,
Hilo, HI 96720
|
1.03mi |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
1.337mi | |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
1.866mi |
|
Ka Umeke Kaeo - Public Charter School
222 Desha Ave,
Hilo, HI 96720
|
1.895mi | |
| out of 10 |
Hilo High School
556 Waianuenue Ave,
Hilo, HI 96720
|
2.294mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Tax & MLS details 750 Kanoelehua Ave, Hilo, HI, 96720
MLS #202503343
Current Property Taxes p/month
$1,335
Assessed Improvement value
$1,116,700
TMK
3-2-2-037-029-0000
Flood Zone
Zone X
Total Assessed value
$1,496,100
Listed by
Lau & Associates, LLC
(808) 223-0074
(808) 223-0074
MLS #
202503343
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Recently sold nearby 750 Kanoelehua Ave in Waiakea Hselots
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Frequently asked questions for 750 Kanoelehua Ave
What is 750 Kanoelehua Ave?
750 Kanoelehua Ave is a Commercial/Industrial
How many units does it have?
750 Kanoelehua Ave has 4 units.
What is the rental income?
—
What is the full address of this commercial?
750 Kanoelehua Ave, Hilo, HI, 96720.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Lau & Associates, LLC. Some 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on March 20, 2025.
Hawaii House Last checked less than a minute ago.
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