SOLD 03/19/2021
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308 Kamehameha Ave, Hilo, HI 96720
$2,200,000 $2,880,000
Commercial
sold
25,534 sqft
Neighborhood:
Downtown Hilo
Sold 03/19/2021
$2,200,000 $2,880,000
9 min walk to the beach
49 min drive to Kehena Beach
5 min drive to Honoli'i
About lifestyles
Landmark Historic Building that has been beautifully renovated. First Floor space suited for retail while second floor spaces are built out for office. Zoned CDH which allows for HOTEL USAGE. Located in a FEDERAL OPPORTUNITY ZONE. (Benefits Include: Temporary Tax Deferral, Step-Up in Basis, and Permanent Exclusion form Taxable Income of Capital Gains - see DBEDT Brochure). Central AC & Elevator
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Details
1912 year built
- Year Built 1912
- Original list price $2,880,000
- Days on market 103
- Price per sqft $86/sqft
-
Address
308 Kamehameha Ave, Hilo, HI, 96720
- Frontage Main Street
- Neighborhood Downtown Hilo
- Land area 12,050 sqft / 0.277 acres
- Total Interior Area 25,534 sqft
- City of Big Island Hilo
- Region South Hilo
- Island Big Island
- Land tenure FS - Fee Simple
- Number of Units 27
- Gross Income 427428
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No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$11,218
Taxes
$1,786
HOA dues
$0
Mortgage
Down payment
$440,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$11,218 / month
Neighborhood: Downtown Hilo
Nearby & commute
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
Amenities & Features
Wood floors
Roof
Composition, Other
Property Condition
Above Average
Business Type
Mixed Use
Construction/Exterior Finish
Metal Frame, Other, Wood Frame
Air Conditioning
Central AC, Individual
Loading
None
Floor Covering
Wood
Income Information Source
Owner
Expense Information Source
Owner
Easements
Other
Documents Available
Lease Documents, P&L, Survey, Title Search
Lessee/Tenant Pays
Common Area Maintenance, Electricity, Excise Tax, Gas, Lease Rent, Liability Ins, Real Estate Taxes
Parking
None
Utilities Included
Light Electricity, Small Water Meter
Amenities
Private Restroom
Downtown Hilo prices
No information about average prices in this area
-
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
Elementary School
|
0.142mi |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
Middle School
|
0.142mi |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
High School
|
0.142mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
0.142mi |
|
Haili Christian School
190 Ululani Street,
Hilo, HI 96720
|
0.265mi | |
|
Mauna Loa School
172 Kapiolani Street,
Hilo, HI 96720
|
0.367mi | |
| out of 10 |
Hilo Union Elementary School
506 Waianuenue Ave,
Hilo, HI 96720
|
0.513mi |
|
St. Joseph Elementary School
999 Ululani St,
Hilo, HI 96720
|
0.681mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
0.142mi |
|
Haili Christian School
190 Ululani Street,
Hilo, HI 96720
|
0.265mi | |
|
Mauna Loa School
172 Kapiolani Street,
Hilo, HI 96720
|
0.367mi | |
| out of 10 |
Hilo Union Elementary School
506 Waianuenue Ave,
Hilo, HI 96720
|
0.513mi |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
0.695mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
0.142mi |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
0.695mi | |
| out of 10 |
Hilo High School
556 Waianuenue Ave,
Hilo, HI 96720
|
0.772mi |
| out of 10 |
Waiakea High School
155 West Kawili St,
Hilo, HI 96720
|
1.834mi |
|
Ka Umeke Kaeo - Public Charter School
222 Desha Ave,
Hilo, HI 96720
|
2.608mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Mar 19, 2021
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 19, 2021 | Sold | $2,200,000 | $86.16 | Public Record |
| Mar 3, 2021 | In Escrow - not showing | $2,880,000 | $112.79 | MLS #202031739 |
| Dec 8, 2020 | New Listing | $2,880,000 | $112.79 | MLS #202031739 |
Tax & MLS details 308 Kamehameha Ave, Hilo, HI, 96720
34 - BMX-4 Central Business Mix zoning / MLS #202031739
Current Property Taxes p/month
$1,786
Property Tax Year
2020
Assessed Improvement value
$1,723,200
Assessed Land value
$233,500
TMK
3-2-3-008-016-0000
Land Recorded
Land Court
Zoning
34 - BMX-4 Central Business Mix
Flood Zone
Zone VE
Total Assessed value
$1,956,700
Listed by
CBI Residential Services Inc
MLS #
202031739
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Recently sold nearby 308 Kamehameha Ave in Downtown Hilo
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Frequently asked questions for 308 Kamehameha Ave
What is 308 Kamehameha Ave?
308 Kamehameha Ave is a Commercial/Industrial
How many units does it have?
308 Kamehameha Ave has 27 units.
What is the rental income?
—
What is the full address of this commercial?
308 Kamehameha Ave, Hilo, HI, 96720.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of CBI Residential Services Inc. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on March 19, 2021.
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