101 Aupuni St - Hilo Lagoon Centre 2,453 SF Office Condo Unit Offered at $699,000 in Hilo, HI 96720

INVESTMENT HIGHLIGHTS

  • Desirable and convenient location
  • Breathtaking views of Wailoa State Park

EXECUTIVE SUMMARY

Great investment opportunity! Penthouse commercial suite in the highly desirable and convenient Hilo Lagoon Centre located next to the State and County Building, Wailoa State Park, banks, various retail, office, restaurants, and coffee shops. The Hilo Lagoon Centre has 24 hour security and host a variety of businesses including but not limited to law offices, accounting offices, healthcare, etc. The suite is divided into 5 spaces that are currently occupied by three tenants and has breathtaking views of the Wailoa State Park. This suite also has the possibility of being divided into two TMKs. The sale also includes 2 restrooms, 4 reserved parking stalls, and 2 floating parking stalls. The building has a swimming pool and conference room available owners and Tenant use. Monthly maintenance fees are currently $3,040.58 for 2025 and includes electric, water, sewer, and common area maintenance. Information herein deemed reliable, but buyer and buyer's agent to do their own due diligence on all pertinent facts. Do not disturb Tenants.

PROPERTY FACTS

Price $699,000
Unit Size 2,453 SF
No. Units 1
Total Building Size 375,147 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Sale Type Investment
Building Class C
Floors 10
Typical Floor Size 105,724 SF
Year Built 1971
Lot Size 4.36 AC
Parking Ratio 2.36/1,000 SF
Opportunity Zone Yes
Zoning CG-7.5 - General Commercial Use

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Refrigerator
  • Views
  • Smoke Free

SITE AMENITIES

  • Pool
  • Waterfront
  • On-Site Retail
  • Storage Space
  • Elevator
  • Public Transportation

1 UNIT AVAILABLE

Unit 1014-A1

Unit Size 2,453 SF
Price $699,000
Price Per SF $284.96
Condo Use Office
Sale Type Investment
No. Parking Spaces 6
DESCRIPTION

This condo is split into 5 spaces occupied by 3 Tenants.

SALE NOTES

Great investment opportunity!

MAJOR TENANT INFORMATION Click Here to Access

TENANT SF OCCUPIED LEASE END DATE
University of Hawaii - Jan 0000
Paradisimo Spa - Jan 0000
  • Listing ID: 34906734

  • Date on Market: 2/21/2025

  • Last Updated:

  • Address: 101 Aupuni St, Hilo, HI 96720