290 KAMEHAMEHA AVE Unit 290,300,302, Hilo, HI 96720
$1,890,000
0
1.0baths
8,791 sqftlot
1958Built
Description
Prime Bayfront Commercial Property – Hilo, Hawai‘i Discover a rare investment opportunity in the heart of Hilo’s bustling bayfront district. This well-maintained 7,372 sq. ft. commercial building features a thriving health food store along with two additional retail spaces, all with long-term tenants in place — providing a stable, income-producing asset from day one. Recently painted and carefully maintained, the property offers a highly visible location on Bayfront Drive, surrounded by popular local businesses, restaurants, and tourist destinations. Ample free street parking and steady foot traffic make it an ideal setting for continued retail success. Property Highlights: • Total Building Area: 7,372 sq. ft. • Three retail units, including an established health food store tenant • Long-term leases in place – consistent rental income • Recently painted exterior – clean and well-kept appearance • Prime Bayfront location with excellent visibility and signage potential • Ample street parking and strong pedestrian presence • Convenient access to downtown Hilo and major transportation routes Whether you’re seeking a turn-key investment or a high-exposure retail property in one of Hilo’s most desirable commercial areas, this property offers both stability and future upside potential at this very popular tourist destination!<br><br>Leasable area breakdown: 290-292 Kamehameha Ave. 3,870 sqft. 300 Kamehameha Ave. 1,790 sqft. 302 Kamehameha Ave. 1,712 sqft.
Property Details
Property Type
Commercial
Status
active
Mortgage Calculator
$1,890,000
%
$378,000
0%100%
%
Loan Amount$1,512,000
Principal & Interest
$9,557
* Actual payment may vary. Consult with a lender for accurate estimates.
Features & Amenities
Location
Lifestyle & Nearby Places
Comprehensive Location Analysis
High Risk
Significant hazards identified
90
Risk Score
Overall Risk Assessment5 hazards analyzed
LowModerateHigh
1
high Risk
3
medium Risk
1
low Risk
Hazard Details
Within Lava Flow Hazard Zones
MEDIUMProperty is in Lava Flow Hazard Zone 3
Within Sea Level Rise 3.2ft
MEDIUMProperty is within hazard area
+2 more hazards
Important Insurance Considerations
High-risk hazards may affect insurance availability and premiums
Consider specialized coverage for flood, hurricane, or lava flow risks
Consult with local insurance providers for specific requirements
Some hazards may require additional mitigation measures
Disclaimer: Data sourced from government agencies. Accuracy not guaranteed - please verify independently.