750 Kanoelehua Ave 4, South Hilo

$1,350,000

  • MLS® #: 719531
  • 750 Kanoelehua Ave 4
  • South Hilo, Hawaii 96720

750 Kanoelehua Ave 4, South Hilo

$1,350,000

  • MLS® #: 719531
  • 750 Kanoelehua Ave 4
  • South Hilo, Hawaii 96720
0 Beds
0 Baths
5,992 Sqft
.48 Acres
0 Garages
  • Overview 5992 SQ. Feet, 0.48 Acres
  • Listing Type Commercial
  • Office: Lau & Associates LLC

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.

Essential Information

MLS® #719531
Price$1,350,000
Bathrooms0.00
Half Baths4
Square Footage5,992
Acres0.48
Year Built2017
TypeCommercial
Land TenureLeasehold
StatusActive
Assesed Value$1,498,100

Community Information

Address750 Kanoelehua Ave 4
SubdivisionWAIAKEA HOUSE LOTS 1ST SERIES
StateHawaii
Zip Code96720

Amenities

ParkingUnassigned

Exterior

Lot DescriptionClear

Additional Information

Date ListedMarch 21st, 2025
Days on Market32
ZoningMCX-20
Description Land TenureLeasehold

Listing Details

OfficeLau & Associates LLC
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Quick Details

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.