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308 Kamehameha Ave
Hilo, HI 96720

S. Hata Building · Retail Property For Sale

Investment Highlights

  • Located in an OPPORTUNITY ZONE
  • Strong Presence & Heavily Trafficked (by both Visitors & Locals)
  • Zoned for HOTEL and APARTMENT
  • Beautiful Bay Front Location
  • Retail & Office Mixed Use Building with UPSIDE
  • Historic Site

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
18,900 SF
Building Class
B
Year Built
1912
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
9’
Building FAR
1.55
Lot Size
0.28 AC
Zoning
CDH
Frontage
430 FT on Kamehameha Ave

Amenities

  • Bus Line
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

About 308 Kamehameha Ave , Hilo, HI 96720

Landmark Historic Building that has been beautifully renovated. First floor spaces suited for retail while second floor spaces are built out for office. Zoned CDH which allows for HOTEL USAGE. Located in a FEDERAL OPPORTUNITY ZONE. (Benefits Include: Temporary Tax Deferral, Step-Up in Basis, and Permanent Exclusion from Taxable Income of Capital Gains- see DBEDT Brochure).Central AC + Elevator.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3-2-3-008-016-0000
Land Assessment
$283,100
Improvements Assessment
$2,379,800
Total Assessment
$2,662,900
  • Listing ID: 16252468

  • Date on Market: 6/5/2019

  • Last Updated:

  • Address: 308 Kamehameha Ave, Hilo, HI 96720

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