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374 KAMEHAMEHA AVE, HILO, HI 96720

Property being sold in "AS IS" condition. Lockbox, short notice ok.

Listing Provided by: Hilo Farmers Market Realty LLC
MLS #: 729307
Property photo
Property photo
Property photo
Property photo

Description

High visibility corner location, entrance to historic downtown Hilo and adjacent to the Hilo Farmers Market and Shell gas station. High traffic corridor. Average Annual Daily Traffic count is 9,780 (D.O.T. 2024). Unique, meaning the only stand alone building on Kamehameha Ave in downtown Hilo with a gated, open lanai with expansive ocean and park views, perfect for a cafe or tourist activity service. In addition to rarity, a fenced rear lot for several parking stalls, food trailer, or outdoor storage. Located just across Kamehameha Ave. is Mooheau bandstand, bus station and park. Open Hilo bay views. In 2025, Hawaii DBEDT reported approximately 1.32 million visitors in the first 9 months to Hawai'i island. It is estimated that roughly 20-30% or 264,000 to 396,000 visited the downtown Hilo area. CDH- commercial downtown Hilo zone, one of the highest and dense use zoning allowed on the Hawai'i Island. Perfect for owner- user with mid- long term business model. Be a part of this thriving, waterfront, business community with this highly desirable opportunity! Available for lease with option to purchase or lease. SMA zone

Property Details

Price: $1,200,000
Sold Price:
Address: 374 KAMEHAMEHA AVE, HILO, HI 96720
Ownership: Full
Status: Active
Category: Commercial Sale
Type:

Total Bedrooms:
Total Bathrooms:
Full Baths:
Living Area: Square Feet

Listed by: Hilo Farmers Market Realty LLC
Year Built: 1944
Levels: One

Features and Amenities

Interior Features:
Exterior Features:
View: Bay, Coastline, Ocean, Ocean Horizon, Sunrise
Pool:
Pool Features:

Appliances:
Fireplace Features:
Flooring:
Security:
Laundry:
Garage Spaces:
Carport Spaces:
Parking Features:
Additional Structures:
Home Warranty:

Community Information

Project Name:
Subdivision Name: HILO TOWN
Association Fee: $0 Monthly
Stories:
Year Established:
Lava Zone: 3
Flood Zone: VE

Land Information

Lot Size: 3,297 Square Feet
Waterfront:
Land Lease Rent:
Lease Type:
Land Tenure: Fee Simple
Lot Features: Corner Lot
Frontage Type: Almost Oceanfront
Roads: County, Major Thoroghfare, Paved, Street Lights
Roads Frontage Type: Road/Street
Zoning: CDH
Horse Amenities:

Additional Details

Assessed Tax Value: $219,100
Annual Tax: $2,344
Tax Year: 2025
Tax Lot: 5-A
Tax Block:

Utilities: Cable Available, Electricity Available, Phone Available
Cooling:
Heating:
Sewer: None
Water:
Solid Waste Disposal: None

First Listed April 7, 2026, 12:52 am
Last Updated April 15, 2026, 10:48 pm
Listing Conditions: Fee Simple, Standard
Property Condition:
Financial Info Available:

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