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.
This Property is priced at $1,350,000 and located at 750 Kanoelehua Ave 4, . With Bedrooms and 0.00 Bathrooms, it offers a total of 5992 Square feet. This Commercial was built in 2017 and its status is Active. This property is represented by Steven Lau of Lau & Associates LLC, Contact Number 8082230074.
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Listing information last updated on April 22nd, 2025 at 3:00am HST.