1080 Kilauea Ave, South Hilo

$2,500,000

  • MLS® #: 712358
  • 1080 Kilauea Ave
  • South Hilo, Hawaii 96720

1080 Kilauea Ave, South Hilo

$2,500,000

  • MLS® #: 712358
  • 1080 Kilauea Ave
  • South Hilo, Hawaii 96720
0 Beds
0 Baths
9,600 Sqft
.33 Acres
0 Garages
  • Overview 9600 SQ. Feet, 0.33 Acres
  • Listing Type Commercial
  • Office: Iokua Real Estate, Inc. - Hilo

Excellent opportunity to own a solid income producing property in a mixed use, high traffic, highly visible area great for investors or owner occupants alike. Currently yielding an annual profit of approximately $132K a year with a long term lease in place thru February 1, 2029. Property is currently home to a single use tenant but has been home to multiple tenants in the past with parking in both the front and back of the building plus separate electric meters renting to multiple tenants is simple. Front office and back warehouse with mezzanine each have their own entrances and are already conveniently separated with connecting interior access via hallway to 2 half bathrooms. Front office space is currently built out with 7 private offices, common area with cubicles, and break room. Recent updates include new roof in March 2024, new air conditioning compressor in September 2018, and 135 PV panels with 3 inverters in December 2014 Interior showings will be granted to qualified Buyers only; please be prepared to provide proof of cash funds or pre-approval letter from a reputable lending institution. DO NOT DISTURB CURRENT OCCUPANTS The information herein while deemed reliable may contain inaccuracies and is provided without warranty or guarantee of any kind. Buyer and Buyer's agent to do due diligence. Agents and buyers are advised to independently verify any information they deem material or important to the decision to purchase the property including, but not limited to, the condition, permits and square footage of the property. Square footage is approximate and should be verified by an appraisal.

Essential Information

MLS® #712358
Price$2,500,000
Bathrooms0.00
Half Baths2
Square Footage9,600
Acres0.33
Year Built1973
TypeCommercial
Land TenureFee Simple
StatusActive
Assesed Value$1,149,800

Community Information

Address1080 Kilauea Ave
SubdivisionWAIAKEA HOUSE LOTS 2ND SERIES
StateHawaii
Zip Code96720

Additional Information

Date ListedJuly 9th, 2024
Days on Market10
ZoningCG-7.5
Description Land TenureFee Simple

Listing Details

OfficeIokua Real Estate, Inc. - Hilo
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Quick Details

This Property is priced at $2,500,000 and located at 1080 Kilauea Ave, . With Bedrooms and 0.00 Bathrooms, it offers a total of 9600 Square feet. This Commercial was built in 1973 and its status is Active. This property is represented by Misti Tyrin of Iokua Real Estate, Inc. - Hilo, Contact Number 8089347050, our team of Realtors can represent you at no additional cost.

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Listing information last updated on July 19th, 2024 at 10:55am HST.