Prime Quick Service Restaurant(QSR) Location! Underground Storage Tanks Removed - State NFA Letter Issued. 17,705 sf. land area. FOR LEASE AND FOR SALE.Seller offering sellers lender financing. 40% down, Sellers lender to finance balance* call for details. Rare, prime commercial property, central location in the town of Hilo. High visibility, high traffic corner situated along main corridor Kamehameha Ave. / Hawai'i Belt Rd. Average Annual Daily Traffic is 12,693 on Kamehameha Ave. and 9,121 on Pauahi St., and 23,107 on Hawaii Belt Rd to Kamehameah Ave. South. (D.O.T.2024) 8 minutes to Hilo International Airport. Ideal for Drive Thru Quick Service Restaurants (QSR), Tour Activities, Retail, Contractor, Car Wash, Oil Change, Convenience/Liquor Stores, Medical Clinics, Corner Prime Visibilty. Within 5 minutes walking distance to Federal, State, County offices, Hilo Farmers Market, banks, stores, restaurants, offices, Hilo Bayfront Beach Park, canoe houses, boat ramp, docks, King Kamehameha the Great statue, Naniloa Golf Course, Lili'uokalani Gardens and Hilo Hawaiian Trademark Hotel, and the Grand Naniloa Hotel Double Tree by Hilton. Located in the center of Wailoa Park. Very rare investment /opportunity. SMA zone.
Details
MLS #
729565
Listing Type
For Sale
Style
Retail
Sub-Type
Resale
Status
Active
Year
1961
Days On Site
161
Listing Provided By
Hilo Farmers Market Realty LLC | Keith De La Cruz
Features
Bath(s)
1 Total
SQ Feet
1,404
Units
1
Zoning
CG-7.5
Acreage
0.41
Property View
Bay, City, Coastline, Ocean, Ocean H
Taxes
Property
6046
Area Information
State
HI
City
Hilo
Zip Code
96720
Area
Big Island
Listing VS Median (in 96720)
Price: $1,299,000
low | high
Med: $595,000
100% of Average
sqft: 1,404
low | high
Med: 1,255
60.612535612536% of Average
$ / sqft: $925
low | high
Med: $474
98.75739536082% of Average
On site: 161
low | high
Med: 299
53.846153846154% of Average
Sourced by Back At You
Market Activity 96720
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 2
Avg $ Per SqFt: $421.4
Min Sale Price: $295,000
Max Sale Price: $445,000
Med Sale Price: $370,000
Date: Jul 2026
Sales: 7
Avg $ Per SqFt: $406.98
Min Sale Price: $135,000
Max Sale Price: $795,000
Med Sale Price: $315,000
Date: Jun 2026
Sales: 3
Avg $ Per SqFt: $535.41
Min Sale Price: $505,000
Max Sale Price: $525,000
Med Sale Price: $525,000
Date: May 2026
Sales: 4
Avg $ Per SqFt: $328.93
Min Sale Price: $342,000
Max Sale Price: $860,000
Med Sale Price: $486,750
Date: Apr 2026
Sales: 8
Avg $ Per SqFt: $511.09
Min Sale Price: $305,000
Max Sale Price: $1,400,000
Med Sale Price: $587,500
Date: Mar 2026
Sales: 3
Avg $ Per SqFt: $311.95
Min Sale Price: $195,000
Max Sale Price: $705,000
Med Sale Price: $375,000
Date: Feb 2026
Sales: 3
Avg $ Per SqFt: $376.64
Min Sale Price: $250,000
Max Sale Price: $625,000
Med Sale Price: $270,000
Date: Jan 2026
Sales: 10
Avg $ Per SqFt: $488.65
Min Sale Price: $362,242
Max Sale Price: $795,000
Med Sale Price: $597,500
Date: Dec 2025
Sales: 7
Avg $ Per SqFt: $441.99
Min Sale Price: $380,000
Max Sale Price: $760,000
Med Sale Price: $642,000
Date: Nov 2025
Sales: 10
Avg $ Per SqFt: $469.73
Min Sale Price: $180,000
Max Sale Price: $926,875
Med Sale Price: $550,000
Date: Oct 2025
Sales: 10
Avg $ Per SqFt: $388.83
Min Sale Price: $185,000
Max Sale Price: $970,000
Med Sale Price: $325,000
Date: Sep 2025
Sales: 6
Avg $ Per SqFt: $438.38
Min Sale Price: $326,700
Max Sale Price: $895,000
Med Sale Price: $440,000
Sourced by Back At You
Aug 2026
Sales:
2
Avg $ Per SqFt:
$421.4
Min Sale Price:
$295,000
Max Sale Price:
$445,000
Med Sale Price:
$370,000
Jul 2026
Sales:
7
Avg $ Per SqFt:
$406.98
Min Sale Price:
$135,000
Max Sale Price:
$795,000
Med Sale Price:
$315,000
Jun 2026
Sales:
3
Avg $ Per SqFt:
$535.41
Min Sale Price:
$505,000
Max Sale Price:
$525,000
Med Sale Price:
$525,000
May 2026
Sales:
4
Avg $ Per SqFt:
$328.93
Min Sale Price:
$342,000
Max Sale Price:
$860,000
Med Sale Price:
$486,750
Apr 2026
Sales:
8
Avg $ Per SqFt:
$511.09
Min Sale Price:
$305,000
Max Sale Price:
$1,400,000
Med Sale Price:
$587,500
Mar 2026
Sales:
3
Avg $ Per SqFt:
$311.95
Min Sale Price:
$195,000
Max Sale Price:
$705,000
Med Sale Price:
$375,000
Feb 2026
Sales:
3
Avg $ Per SqFt:
$376.64
Min Sale Price:
$250,000
Max Sale Price:
$625,000
Med Sale Price:
$270,000
Jan 2026
Sales:
10
Avg $ Per SqFt:
$488.65
Min Sale Price:
$362,242
Max Sale Price:
$795,000
Med Sale Price:
$597,500
Dec 2025
Sales:
7
Avg $ Per SqFt:
$441.99
Min Sale Price:
$380,000
Max Sale Price:
$760,000
Med Sale Price:
$642,000
Nov 2025
Sales:
10
Avg $ Per SqFt:
$469.73
Min Sale Price:
$180,000
Max Sale Price:
$926,875
Med Sale Price:
$550,000
Oct 2025
Sales:
10
Avg $ Per SqFt:
$388.83
Min Sale Price:
$185,000
Max Sale Price:
$970,000
Med Sale Price:
$325,000
Sep 2025
Sales:
6
Avg $ Per SqFt:
$438.38
Min Sale Price:
$326,700
Max Sale Price:
$895,000
Med Sale Price:
$440,000
MLS Number: 729565
Keith De La Cruz – (808) 990-8090 – keith@hilofarmersmarket.com
Hilo Farmers Market Realty LLC – (808) 933-1000 – keith@hilofarmersmarket.com
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MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the Hawaii Information Systems.
MLS Number: 729565
Keith De La Cruz – (808) 990-8090 – keith@hilofarmersmarket.com
Hilo Farmers Market Realty LLC – (808) 933-1000 – keith@hilofarmersmarket.com