750 KANOELEHUA AVE # Hilo HI 96720

WAIAKEA HOUSE LOTS 1ST SERIES

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0 bd
0 | 4 | ba
Sq ft: 5,992
2017

A$1350000750 KANOELEHUA AVE # Hilo HI 96720

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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.

LOCATION INFORMATION

District: South Hilo
Latitude: 19.7078661
Subdivision: WAIAKEA HOUSE LOTS 1ST SERIES
INTERIOR FEATURES
1/2 Baths: 4
EXTERIOR FEATURES
Zoning: MCX-20 Lot Size in Sq. Ft: 21050
Road Description: County
Fencing: Chain Link
Lot Description: 750 Kanoelehua Ave. Lot Number: 12
Topography: Level
FEATURES
Additional Information

Tax Key: 322037029
Property Type:
Year Built: 2017
Taxes: 16029.67
Land Tenure: Leasehold
$ 3,151 per month
30 Year Fixed. 3.525% Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $ 157

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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Listed by: Lau & Associates LLC

Seller’s Representative:

Kohanaiki Realty LLC © 2023 Hawaii Information Service. All rights reserved. © 2023 MLS Hawaii, Inc. All rights reserved.

Provided Courtesy of Hawaii Information Service. In this page not only will you see properties represented by Kohala Coast Properties, but also properties represented by other members of Hawaii Information Service. This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is updated approximately every two hours. The last update time is shown below.

HIS data last updated at January 30, 2026 9:10 AM HAST

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