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474 Kalanikoa Street, Hilo, HI 96720
$2,990,000
▼ $210,000
Commercial
active under contract
12,424 sqft
Neighborhood:
Waiakea Hselots
17 min walk to the beach
21 min walk to Banyan Golf Course
About lifestyles
Prime investor/owner-user opportunity in Hilo's Industrial area! This CG-7.5 zoned prop. consists of two well-maintained bldgs totalling 12,424 sf, on a 22,900 sf
level lot. The front two-story 3,174 sf CMU bldg could potentially house up to 8 office/retail units (some units have been combined). There are 8 elec. meters and 4
common restrooms. The rear 9,250 sf warehouse (WH) bldg could potentially house up to 8 high-cube WH units (some units have been combined). WH spaces:
One-1,000 sf, Three-1,250 sf, Two-2,250 sf. There are 8 roll-up doors and 8 elec meters with three-phase service. There are 9 restrms in the WH bldg (4 restrms
have showers). The prop. has 1 comm. elec mtr, 1 comm. water mtr, and 26 pkg stalls. The prop. is located less than 2-miles from Hilo Int'l Airport and Port of Hilo.
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Details
1973 year built
- Year Built 1973
- Original list price $3,200,000
- Days on market 279
- Price per sqft $241/sqft
-
Address
474 Kalanikoa Street, Hilo, HI, 96720
- Frontage Industrial, Side Street
- Neighborhood Waiakea Hselots
- Land area 22,900 sqft / 0.526 acres
- Total Interior Area 12,424 sqft
- City of Big Island Hilo
- Region South Hilo
- Island Big Island
- Land tenure FS - Fee Simple
- Number of Units 14
- Parking Spaces 26
- Annual Expenses 1
- Net Operating Income 1
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$15,246
Taxes
$1,309
HOA dues
$0
Mortgage
Down payment
$598,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$15,246 / month
Neighborhood: Waiakea Hselots
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
—
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
26 parking places, Concrete floors
Roof
Aluminum/Steel
Property Condition
Above Average, Average
Business Type
Free Standing, Industrial,
Construction/Exterior Finish
Concrete Block, High Cube, Loft Space, Metal Frame
Air Conditioning
Individual, Individual Meters
Loading
None
Floor Covering
Concrete
Income Information Source
Owner
Expense Information Source
Owner
Easements
None
Documents Available
Lease Documents, Title Search
Lessee/Tenant Pays
Electricity, Fire Ins, Liability Ins
Parking
Assigned, On Site, Unassigned
Utilities Included
Heavy Electricity, Light Electricity, Small Water Meter
Amenities
Mezzanine Office, Office, Private Restroom
Waiakea Hselots prices
Average price $1.9m
Neighborhood average sales price*
$1.9m
Neighborhood median sales price*
$1.9m
Number or sales*
1
*last 6 months
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
| out of 10 |
Chiefess Kapiolani Elementary School
966 Kilauea Ave,
Hilo, HI 96720
Elementary School
|
0.805mi |
| out of 10 |
Chiefess Kapiolani Elementary School
966 Kilauea Ave,
Hilo, HI 96720
Middle School
|
0.805mi |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
High School
|
1.189mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Chiefess Kapiolani Elementary School
966 Kilauea Ave,
Hilo, HI 96720
|
0.805mi |
|
St. Joseph Elementary School
999 Ululani St,
Hilo, HI 96720
|
1.151mi | |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
1.189mi | |
|
E Makaala School
440 West Lanikaula Street,
Hilo, HI 96720
|
1.257mi | |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
1.488mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Chiefess Kapiolani Elementary School
966 Kilauea Ave,
Hilo, HI 96720
|
0.805mi |
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
1.189mi | |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
1.488mi |
|
Mauna Loa School
172 Kapiolani Street,
Hilo, HI 96720
|
1.492mi | |
| out of 10 |
Waiakea Intermediate School
200 West Puainako St,
Hilo, HI 96720
|
1.51mi |
| School rating | Distance | |
|---|---|---|
|
St Joseph School
1000 Ululani Street,
Hilo, HI 96720
|
1.189mi | |
| out of 10 |
Waiakea High School
155 West Kawili St,
Hilo, HI 96720
|
1.389mi |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Ave,
Hilo, HI 96720
|
1.488mi |
|
Ka Umeke Kaeo - Public Charter School
222 Desha Ave,
Hilo, HI 96720
|
1.608mi | |
| out of 10 |
Hilo High School
556 Waianuenue Ave,
Hilo, HI 96720
|
2.037mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Price Decrease Nov 5, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 5, 2024 | Price Decrease | $2,990,000 -6.56% | $240.66 | MLS #202415239 |
| Jul 19, 2024 | New Listing | $3,200,000 | $257.57 | MLS #202415239 |
| Jul 19, 2024 | Price Decrease | $3,200,000 -1.54% | $257.57 | MLS #202415239 |
Tax & MLS details 474 Kalanikoa Street, Hilo, HI, 96720
Neighbor Island - See Remarks zoning / MLS #202415239
Current Property Taxes p/month
$1,309
Property Tax Year
2023
Assessed Improvement value
$334,100
Assessed Land value
$1,133,900
TMK
3-2-2-035-027-0000
Land Recorded
Regular System
Zoning
Neighbor Island - See Remarks
Flood Zone
Zone X
Total Assessed value
$1,468,000
Listed by
Lau & Associates, LLC
(808) 223-0074
(808) 223-0074
MLS #
202415239
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Recently sold nearby 474 Kalanikoa Street in Waiakea Hselots
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Frequently asked questions for 474 Kalanikoa Street
What is 474 Kalanikoa Street?
474 Kalanikoa Street is a Commercial/Industrial
How many units does it have?
474 Kalanikoa Street has 14 units.
What is the rental income?
The net income is $1
*check with agent
What is the full address of this commercial?
474 Kalanikoa Street, Hilo, HI, 96720.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2025 by HiCentral Mls, Ltd. Listing courtesy of Lau & Associates, LLC. 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 April 13, 2025.
Hawaii House Last checked 1 minute ago.
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