330 KAMEHAMEHA AVE $719,000

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    330 KAMEHAMEHA AVE HILO, HI 96720

    • 4,695 sq.ft.
    • 0.07 Acres
    • Commercial
    MLS# 623677 | Active
    Days On Market: 346 7 Views
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    Property Details

    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.

    • General Features
      • Land Tenure Fee Simple
      • Subdivision Hilo Town
      • Location 330 KAMEHAMEHA AVE
      • Unit Description Ground Unit, Multi-Story
      • Year Built 1910
      • Frontage Road/Street
      • Interior Area Total 4,695
      • Oceanfront Parcel N
      • View Bay, City, Coastline, Ocean, Ocean Horizon
      • Zoning CDH
      • Taxes Annual $2,768
    • Building Features
      • Design Concrete, Double Wall, High Cube, Hollow Tile, Loft Space, Remodeled, Split Level, Single Wall, Wood Frame
      • Appliances Range Hood
      • Security Video
      • Full Bathrooms 0
      • Three-Qtr Bathrooms 0
      • Half Bathrooms 0
      • One-Qtr Bathrooms 0
      • Tv Availability Antenna, Cable
      • Telephone Availability Cable, Cell, Land Line
      • Pool N
    • Property Features
      • Land Area 3,107
      • Topography Level
      • Roads Curbs/Gutters, County, Graded, Major Thoroughfare, Paved, Street Lights
      • Fence Wall Concrete
      • Parking Description None
      • Solid Waste Disposal Trash Private Contractor
      • Power Gas, Overhead, Underground
      • Wastewater Sewer-Connected

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    Neighborhood

    96720 (HILO) Demographics

    41Median Age
    161Population Density (per sq. mile)
    42%College Educated
    $55,389 Estimated Median Income
    10,484Estimated Total Home Owners
    6,176Estimated Total Renters
    63% / 37%Estimated Owner / Renter Divide
    4Estimated Average Household Size
    48,182Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $315,000 Median Sales Price
    32 Homes Sold
    41 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $719,000
        7/22/2019 12:48:36 PM Price Reduced Source New Value: $719,000 -8.87%
        5/23/2019 12:48:25 PM Price Reduced Source New Value: $789,000 -3.66%
        11/30/2018 3:48:00 PM New in Database Source New Value: $819,000

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        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 11/12/2019 4:51:09 AM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-800-735-2100