An exceptional opportunity to acquire fee simple commercial real estate in one of Hilo’s most accessible corridors. Located just off of Kanoelehua Ave between Kamehameha Ave and Kalanianaole, this 1.79-acre property offers an excellent opportunity. High visibility with easy ingress/egress that is well-positioned for future commercial development or redevelopment. Strategically located near the Banyan Drive resort area, Hilo International Airport, Hilo Harbor and Hawaii Island's state and county offices.<BR>This property is ideal for investors, owner-users, or developers seeking a flexible commercial asset with strong infrastructure and an irreplaceable location.<BR><BR>Property Highlights:<BR>Land Area: 1.79 acres (Fee Simple)<BR>Zoning: V-.75 (Urban, Resort, Commercial Use)<BR>State Land Use: Urban<BR>Building Size: Approx. 4, 540 SF<BR>Utilities:<BR>Water: County Department of Water Supply via existing 12-inch main; 3 active water services already on site.<BR>Wastewater: Served by County sewer system via 30-inch main along Kalanianaole Street; two stub outs, one currently in use.<BR>Site Improvements:<BR>Existing commercial structure.<BR>Paved parking lot and additional graded parking areas.<BR>Cleared and fully graded site with minor landscaping along perimeter.<BR>Prime Commercial Property – 92 Kalanianaole Street, Hilo, HI 96720