750 Kanoelehua Ave | Image 1
750 Kanoelehua Ave | Image 2
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750 Kanoelehua Ave | Image 7

$1,215,000

For Sale

A year ago

750 Kanoelehua Ave, Hilo, HI

House

MLS® 202503343

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size -
Garage 
Taxes $16,020
Days Active 440
Lot Size 
Approx. Age 2017
MLS® Number 202503343

Property Address: 750 Kanoelehua Ave, HILO, HI, 96720-7524

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number202503343
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2017
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 25, 2025List Date
$1,215,000List Price
  • Commute

Commute

Starting Address
Destination Address
750 Kanoelehua Ave, Hilo, HI

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