HILO LAGOON CENTRE 101 Hilo Lagoon Centre 105 in | MLS® 719083 For Sale $175,000 in South Hilo, Hawaii

$175,000

MLS® #: 719083 Monthly Maintenance Fees $417

101 Hilo Lagoon Centre 105

South Hilo, Hawaii 96720

$175,000

MLS® #: 719083 Monthly Maintenance Fees $417

101 Hilo Lagoon Centre 105

South Hilo, Hawaii 96720

Active

Enjoy serene views of the water garden and the bridges and walking paths of Wailoa State Park from this ground floor office unit featuring 4 separate offices with doors and an open reception area in downtown Hilo in the Hilo Lagoon Centre, conveniently located within walking distance to county government offices, courthouse, restaurants, shopping, and more. Hilo Lagoon Centre is a mixed use commercial and residential building, and the only 24/7 air-conditioned building with on-site management. This well-maintained premier building has ample parking for visitors and tenants. Building amenities include swimming pool and sundeck for relaxing after work, conference room for your business presentations and meetings, passenger elevators, and freight elevator. Property tax is waived because the long-time tenant is a department of the State of Hawaii. The current lease expires in June 2026. The base rent is $986.70 per month starting on 7/1/2024, and will increase to $1,009.47 per month starting on 7/1/2025. In addition to the rent, the tenant pays the monthly CAM fees. The CAM includes electricity, basic cable, water, sewer, trash pick-up, air conditioning and maintenance of the grounds and common areas. There is also an additional income flow of $35/month from a a floating parking space to the tenant, and a reserved parking space (#322) can provide potential rental income of $50/month. Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.

101 Aupuni St 158, South Hilo

$150,000 - 755 Sf

MLS® # 710329

Coldwell Banker Island Properties - Hilo

Active

101 Aupuni St 209-210, South Hilo

$195,000 - 616 Sf

MLS® # 714352

Hawaii Life

Active

Welcome to Hilo Lagoon Centre—an ideal setting for your business office! Join a distinguished community of professionals, including attorneys, therapists, med spa specialists, and even a ministry. Unit 117 was fully renovated in 2021 and features upgraded tile flooring, modern light fixtures, fresh paint, and a newly installed sink. The popcorn ceiling has been removed, and a new A/C unit was installed in 2024. Open the sliding glass door to the private lanai to enjoy the relaxing sound of water trickling down the rocks and a serene view of the koi pond. The monthly AOAO fee includes electric, water, sewer, basic cable, trash collection, and maintenance of the grounds and common areas. You’ll have access to a spacious conference room for meetings and seminars, and the building features 24/7 security for your safety. Additionally, the bottom floor, where Unit 117 is located, is secured with robust glass doors which are locked each night for extra peace of mind. Relax during your breaks or after work at the refreshing in-ground pool, complete with private bathrooms, showers, and a BBQ area for gatherings with friends and family. The information herein while deemed reliable may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents and buyers are advised to independently verify any information they deem important.

101 Aupuni St 117, South Hilo

$150,000 - 310 Sf

MLS® # 717723

Hawaii Life

101 Hilo Lagoon Centre 105, South Hilo

$175,000

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101 Hilo Lagoon Centre 105, South Hilo

$175,000

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