750 Kanoelehua Avenue, Hilo, HI 96720
- $1,215,000
- List Price
- $1,215,000
- Price Change
- ▼ $135,000 1758296519
- Days on Market
- 517
- MLS#
- 202503343
- Status
- ACTIVE
- Type
- Commercial
- Land Area
- 21,050
- Land Tenure
- LH - Leasehold
- Neighborhood
- Waiakea Hselots
- Subdivision
- Waiakea Hselots
Property Description
This is a leasehold property. Prime commercial property for sale (leasehold) on busy Kanoelehua Ave., just minutes to Hilo International Airport. The center is known as Lehua Center and includes four retail spaces totaling 5,992 sq. ft. of leasable area. Each space has it's own private restroom and is individually metered for electricity. There are 25 parking stalls. The land area is 21,050 sq. ft. and is zoned MCX-20. The original 60 year ground lease has approximately 44 years remaining with known ground rents until 8/31/29. The fee is not available, but there is a first right of refusal. The entire property is leased to a single tenant until September 30, 2027. That tenant in turn subleases the individual spaces. Lessor is responsible for building exterior repairs and common area maintenance. Lessee is responsible maintaining the interior spaces. Priced below 2023 appraisal. Please DO NOT disturb tenants. Offer subject to inspection.
/u.realgeeks.media/rainbowsandhomes/logo-full.png){kind=logo}
Additional Information
- Island
- Big Island
- Utilities
- Electricity Available, Natural Gas Available
- Lot Size
- 21,050
- Construction Materials
- Wood Frame
- Neighborhood
- Waiakea Hselots
- Year Built
- 2017
- Sewer
- Septic Tank
- Parking Features
- On Site
- Stories
- 1
- Assessed Total
- 1496100
Mortgage Calculator
Listing courtesy of Lau & Associates, LLC.
Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact: (808) 223-0074