Prime Bayfront Commercial Property - Hilo, Hawai'i Discover a

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Commercial For Sale

290 KAMEHAMEHA AVE unit: 290,300,302

Hilo, Hawaii 96720

Ocean View: Yes

Community: HILO TOWN

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$1,890,000 0 br, 1.0 bath 7372 sq. ft. 0.200 acres

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. ftmercial 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! Leasable area breakdown: 290-292 Kamehameha Ave. 3,870 sqft. 300 Kamehameha Ave. 1,790 sqft. 302 Kamehameha Ave. 1,712 sqft.

Interior:
  • Bedrooms: 0
  • Baths: 1.0
  • Sq Ft: 7372
  • Year Built: 1958
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.200 acre
  • Lot Dimensions: 
  • View Types: Ocean
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $7,974
  • MLS #: 725131
  • Unit Number: 290,300,302
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Contact Information:
Beach Commercial For Sale in Hilo, Hawaii
Listing Agent: Glenn M. Takase, Coldwell Banker Island Properties, 808-936-0692, 808-969-7863 Listing Site, Listing Status: Active
Copyright © 2025 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6773817
Viewed 46 times.
Updated: Nov 01, 2025

This property is a Commercial located at 290 KAMEHAMEHA AVE unit: 290,300,302, Hilo, Hawaii 96720, and is currently For Sale at $1,890,000. This Commercial has 0 bedrooms, 1.0 baths, 7372 sq ft.