Great Opportunity to Own this Highly Desirable Bayfront Commercial Kitchen/Retail/Office Building. Zone CDH (commercial downtown Hilo) is the highest density use allowed. Located between Reubens Mexican Restaurant and Cafe Pesto. Steps to the Hilo Farmers Market and across from Mooheau Bus Station; a major parking lot and central transportation hub for county transportation and tour buses. Future Redevelopment in this section of Town. Heavy Foot Traffic. Proven Location for Retail Businesses. Located in designated Opportunity Zone Program. This initiative provides incentives for investors to re-invest realized capital gains into Opportunity Funds in exchange for temporary tax deferral and other benefits. The Opportunity Funds are then used to provide investment capital in certain low-income communities.
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