Moku Intel

HILO TOWN · Hilo

138 KAMEHAMEHA AVE, HILO, HI 96720

$1,775,000

0BR · 1BA · 17,993 sqft

138 KAMEHAMEHA AVE, HILO, HI 96720

Property details

Beds / baths
0BR · 1BA
Living area
17,993 sqft
Price / sqft
$99/sqft
HOA
Days on market
65 days
Year built
1941
Property type
Commercial Sale · Office,Retail,Warehouse
Ownership
Full
Land tenure
Fee Simple
MLS #
727693
Status
Active
Location
View on Google Maps

About this listing

Exceptional Commercial Opportunity in Heart of Downtown Hilo Property Overview Located at 144 Kamehameha Ave, this substantial asset represents a rare acquisition in East Hawaii's premier business district. The property encompasses approximately 13,539 square feet of building area, complemented by an expansive 4,231 square foot mezzanine designed for storage and receiving operations. Operational efficiency is enhanced by a side easement driveway, providing truck access. The CDH (Downtown-Hilo Commercial District) zoning offers versatile commercial potential, allowing for various uses to be verified through buyer due diligence. Its proximity to the Hilo waterfront and local amenities makes it an ideal choice for owner-users or investors looking for a strategic repositioning project. The property is offered in as-is condition. Property Highlights • Prime Downtown Hilo location on Kamehameha Avenue • Zoned CDH • Approx. 13,539 SF building area per tax records • Additional approx. 4,231 SF mezzanine area • Mezzanine suited for storage and receiving • Side easement driveway • Access suitable for trucks • Large commercial footprint in central Hilo • Near the Hilo Farmers Market, waterfront, restaurants, retail, and services • Potential owner-user or investment opportunity • Possible repositioning potential, subject to buyer verification • Property offered as-is • Building has office spaces, huge storage rooms, massive retail area and so much potential for owner to create an ”all-in’one” location. • Sale includes Tax Map Keys (3) 2-3-07: 09 & (3) 2-3-07: 39. • Phase I & II Environmental Site Assessment Reports completed Amazing opportunity to purchase a prime property located on Kamehameha Avenue, across the street from Hilo Bayfront, in the center of Hilo’s business and tourist activities. Buyers are to do their own due diligence with regards to the information provided.

Henry Beam

Preferred agent

Henry Beam

Real Estate Salesperson, Hawaiʻi · RS-87501

Better Homes & Gardens Real Estate Rainbow Island Properties · RB-23862

Listing courtesy of Hilo Bay Realty LLC

Source: MLS Hawaii

© 2026 MLS Hawaii, Inc. All rights reserved.

Walk this property next?

Fifteen minutes with a licensed Big Island specialist on the phone usually answers whether the numbers, the neighborhood, and the timing line up.

Real-estate services provided by Henry Beam, RS-87501, of Better Homes & Gardens Real Estate Rainbow Island Properties (RB-23862).

(808) 212-1980 · 5294 Kahiliholo Rd., Suite D, Kilauea, HI 96754

Properties marked with the IDX icon are provided courtesy of Hawaii Information Service MLS.

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Data last updated: Jun 9, 2026, 6:38 PM HST

To report inaccurate listing data, email henry@mokuintel.com.

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