290 KAMEHAMEHA AVE, #290,300,302, HILO, HI 96720
Prime Downtown Hilo Front Street Location near Hilo Farmers Market.
Listing Provided by: Coldwell Banker Island Properties - Hilo
MLS #: 725131
MLS #: 725131
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!
Property Details
Price: $1,890,000
Sold Price:
Address: 290 KAMEHAMEHA AVE, #290,300,302, HILO, HI 96720
Ownership: Full
Status: Active
Category: Commercial Sale
Type: Single Level
Sold Price:
Address: 290 KAMEHAMEHA AVE, #290,300,302, HILO, HI 96720
Ownership: Full
Status: Active
Category: Commercial Sale
Type: Single Level
Total Bedrooms:
Total Bathrooms: 1
Full Baths:
Living Area: 7,372 Square Feet
Listed by: Coldwell Banker Island Properties - Hilo
Year Built: 1958
Levels: One
Year Built: 1958
Levels: One
Features and Amenities
Interior Features: Skylights
Exterior Features:
View: Bay, Ocean
Pool:
Pool Features:
Appliances:
Fireplace Features:
Flooring:
Security:
Laundry:
Fireplace Features:
Flooring:
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features: Other
Additional Structures:
Home Warranty:
Carport Spaces:
Parking Features: Other
Additional Structures:
Home Warranty:
Community Information
Project Name:
Subdivision Name: HILO TOWN
Association Fee: $0 Monthly
Subdivision Name: HILO TOWN
Association Fee: $0 Monthly
Stories:
Year Established:
Year Established:
Lava Zone: 3
Flood Zone: VE
Flood Zone: VE
Land Information
Lot Size: 8,791 Square Feet
Waterfront:
Land Lease Rent:
Lease Type: Triple Net
Land Tenure: Fee Simple
Waterfront:
Land Lease Rent:
Lease Type: Triple Net
Land Tenure: Fee Simple
Lot Features: Interior Lot
Frontage Type: HIS Almost Oceanfront
Roads: County, Major Thoroghfare, Paved, Street Lights
Roads Frontage Type: HIS Road/Street
Frontage Type: HIS Almost Oceanfront
Roads: County, Major Thoroghfare, Paved, Street Lights
Roads Frontage Type: HIS Road/Street
Zoning: CDH
Horse Amenities:
Horse Amenities:
Additional Details
Assessed Tax Value: $878,600
Annual Tax: $7,974
Tax Year: 2025
Tax Lot: 9-A
Tax Block:
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
Cooling:
Heating:
Sewer:
Water: Public
Solid Waste Disposal: None
Cooling:
Heating:
Sewer:
Water: Public
Solid Waste Disposal: None
First Listed October 30, 2025, 8:09 am
Last Updated October 30, 2025, 8:09 am
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available: Broker, P and L
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