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Burger King 580 Kilauea Ave

1,852 SF Retail Building Hilo, HI 96720 $1,650,000 ($891/SF)

Retail Space Hawaii Hilo 580 Kilauea Ave, Hilo, HI 96720

Investment Highlights

  • The Hilo market yields some of the highest Hawaii per store sales volumes for many retail outlets.
  • 23,482 SF Land
  • Negotiable Term
  • Benefits to Investors for Opportunity Zone Programs: temporary tax deferral, step-up in basis/permanent exclusion from taxable income of capital gain
  • 1,852 SF Building

Executive Summary

Free standing facilities, with drive thru on a signalized intersection are in short supply in the Hawaii market. Site includes approximately 20 parking stalls and a large grassy area for tenants use. 580 Kilauea avenue is an excellent opportunity to locate in the downtown Hilo market. This sub market historically offers few alternatives for this type of location. Across the street from county offices and longs/cvs, and on the intersection to access Mamalahoa highway and the historic downtown area. The Hilo market yields some of the highest Hawaii per store sales volumes for many retail outlets. Limited availability equates to limited competition. Today’s consumer is drawn to convenience, which this site offers. Take advantage of the opportunity.

Attachments

580-Kilauea-Ave-For-Sale

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,852 SF
Building Class
B
Year Built
1978
Price
$1,650,000
Price Per SF
$891
Tenancy
Single
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.08
Land Acres
0.54 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
CG - Commercial Retail
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
234 FT on Hualalai St

Amenities

  • Corner Lot
  • Drive Thru

Links

1 of 1
Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers
Multiple
  • 3-2-2-016-013-0000
  • 3-2-2-016-015-0000
  • 3-2-2-016-014-0000
  • 3-2-2-016-024-0000
 Improvements Assessment $352,000
Land Assessment $466,200 Total Assessment $818,200

PROPERTY TAXES

Parcel Numbers
Multiple
  • 3-2-2-016-013-0000
  • 3-2-2-016-015-0000
  • 3-2-2-016-014-0000
  • 3-2-2-016-024-0000
Land Assessment
$466,200
Improvements Assessment
$352,000
Total Assessment
$818,200
(808) 469-4337

  • Listing ID: 32783569

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 580 Kilauea Ave, Hilo, HI 96720

More public record information on 580 Kilauea Ave, Hilo, HI 96720

The Retail Property at 580 Kilauea Ave, Hilo, HI 96720 is currently available For Sale. Contact The Beall Corporation for more information.

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580 Kilauea Ave, Hilo, HI for sale Building Photo- Image 1 of 9
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580 Kilauea Ave, Hilo, HI for sale Building Photo- Image 6 of 9
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Burger King | 580 Kilauea Ave
(808) 469-4337 x

Burger King | 580 Kilauea Ave

1/2

Chris Yaris

(808) 469-4337

(808) 469-4337

Roger Lyons

(808) 469-4330

(808) 469-4330

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