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800 Kilauea Ave

Hilo, HI 96720
  • $988,888
  • STATUS: Active
  • ON SITE: 14 days
  • MLS #: 650823
UPDATED: 35 min ago
$988,888
  • 3
    BEDS
  • 0.15
    ACRES
  • 1
    BATHS
  • 3
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1935
Area:

School Ratings & Info

Description

Opportunity to own a productive and thriving downtown Hilo business building fully leased with 4 tenants. Located centrally in the heart of Hilo, across from the county buildings and Just Cruisin Coffee, with beautiful views of Banyan trees and scenic Waiakea Pond/Wailoa River. This building is a strong pillar of downtown Hilo's charming architectural spread. Freshly painted, extensively remodeled and equipped with a new roof, this building has been brought into the 21st century in style! On street level, there are two restaurants that features a certified kitchen, restrooms, and both indoor & outdoor dining options. The outdoor dining area has a "cafe culture" feel, complete with a live bougainvillea wall for a special dining experience. The other offers a beautiful backyard garden with tables and umbrellas. Upstairs features a functioning, well-reputed hostel with aesthetically pleasing living spaces, reading nooks, multiple bedrooms & bathrooms, an office and kitchen. Professionally decorated with an attention-to-detail, this space is bright and clean, and has been remodeled to be simply charming! An absolute must-see, this desirable place is immaculate, and is often referred to as the cleanest place to stay in Hilo. Property maximizes usage of valuable space with 7 parking stalls in the back to accommodate the busy and profitable businesses in place, in addition to the street parking available on Kilauea Ave. *Offering added security and safety, building lies outside the tsunami zone.*All tenants furnishings, appliances and trade fixtures are excluded.*2 units feature kitchens suited for restaurant level production. 1 unit features a kitchen suited to service high demand communal needs of a functioning hostel.*Electric Meters: (1) hostel & cafe, (1) manager office, (1) restaurant*H2O Meter: (1) for all*Gas Meter: (1) restaurant, (1) hostel & cafe

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© 2021 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Iokua Real Estate, Inc.. Data last updated: 2021-06-17T21:34:26.443.
www.iokuasales.com/homes/117834699
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800 Kilauea Ave Hilo, HI 96720

  • Price: $988,888
  • Status: Active
  • Updated: 35 min ago
  • MLS #: 650823
3
Beds
1
Baths
3
½ Baths
0.15
Acres
1935
Built
Neighborhood:
South Hilo
Area:
South Hilo
Property Description
Opportunity to own a productive and thriving downtown Hilo business building fully leased with 4 tenants. Located centrally in the heart of Hilo, across from the county buildings and Just Cruisin Coffee, with beautiful views of Banyan trees and scenic Waiakea Pond/Wailoa River. This building is a strong pillar of downtown Hilo's charming architectural spread. Freshly painted, extensively remodeled and equipped with a new roof, this building has been brought into the 21st century in style! On street level, there are two restaurants that features a certified kitchen, restrooms, and both indoor & outdoor dining options. The outdoor dining area has a "cafe culture" feel, complete with a live bougainvillea wall for a special dining experience. The other offers a beautiful backyard garden with tables and umbrellas. Upstairs features a functioning, well-reputed hostel with aesthetically pleasing living spaces, reading nooks, multiple bedrooms & bathrooms, an office and kitchen. Professionally decorated with an attention-to-detail, this space is bright and clean, and has been remodeled to be simply charming! An absolute must-see, this desirable place is immaculate, and is often referred to as the cleanest place to stay in Hilo. Property maximizes usage of valuable space with 7 parking stalls in the back to accommodate the busy and profitable businesses in place, in addition to the street parking available on Kilauea Ave. *Offering added security and safety, building lies outside the tsunami zone.*All tenants furnishings, appliances and trade fixtures are excluded.*2 units feature kitchens suited for restaurant level production. 1 unit features a kitchen suited to service high demand communal needs of a functioning hostel.*Electric Meters: (1) hostel & cafe, (1) manager office, (1) restaurant*H2O Meter: (1) for all*Gas Meter: (1) restaurant, (1) hostel & cafe
Exterior Features

Design Wood Frame Fence Chain LinkHollow Tile Frontage Road/Street Land Tenure Fee Simple Lot Description Inside Ocean Front N Pool N Roads CountyPavedStreet Lights Topography Level Unit Description GardenMulti-StoryWalk-Up View BayOcean HorizonRiverSunrise

Interior Features

Appliances Other (Remarks) Floors ConcreteLaminate Heating Cooling Air Conditioning Washer Dryer Hook-Ups AvailOther (Remarks)

Property Features

Assessed Value 313900 Assessment Year 2021 Distressed Standard Sale Features OfficeRestroom-PrivateRestaurant Lava Zone 3 Lot Number 18 & Oceanfront Unit N Phone Service Land Line Power OverheadOther (Remarks) Property Type Commercial Security KeySecurity PatrolVideo Sewer Cesspool Solid Waste Disposal None Tax Key 322019076 Taxes 2771.00 Terms CashConventional Vehicle Parking Assigned Water CountyMeter InstalledOther (Remarks) Zoning Cg-7.5

Listing information © 2021 MLS Hawaii, Inc. All rights reserved.
Listing courtesy of Coldwell Banker Island Properties - Hilo.


© 2021 MLS Hawaii, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Iokua Real Estate, Inc.. Data last updated: 2021-06-17T21:34:26.443.
 
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Iokua Real Estate, Inc.
234 Waianuenue Avenue, Suite 219
Hilo HI, 96720