Hilo Portfolio 260 Kamehameha Avenue
Hilo, HI 96720
For Sale
24,580 sqft
Sale Price
$6,000,000
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Retail For Sale - Available May 2025
Prime Commercial Opportunity in Hilo, Hawaii | For Sale
Prime Location | High visibility and foot traffic along the Hilo Bayfront with popular and stable tenant mix
Value-Added Potential | Opportunity to increase NOI through CAM restructuring and rental rate adjustments for food operators
Stable Income | High occupancy with a history of stable cash flow, supported by long-term tenants and growing local demand
Strategic Investment | Opportunity Rare chance to own a well maintained buildings in a growing market, ideal for 1031 exchange buyers
Substantial Parking Onsite | Private parking is available onsite, a rare and highly desirable feature in Downtown Hilo Bayfront. This amenity currently enhances tenant and customer convenience and owner revenue.
Turnkey Asset | Recent roof improvements, minimizing immediate known capital expenditure requirements for new owners
Get in touch
Scott A. Crockford
Lic: RB-13508
Nicholas Adler
Lic: RS-78419
The landmark Hilo Bay Building and American Bakery complex is an iconic and historic property, including an expansive 250 feet of commercial storefronts featuring a variety of specialty businesses in the heart of Downtown. This property showcases well-established retailers along Kamehameha Ave., the prime retail shopping corridor in Downtown Hilo, plus an entire second floor with 10 suites of office tenants, many with fantastic ocean views of Hilo Bay. This building is home to a vibrant mix of beauty, health, wellness, sports, and retail businesses, all served by two adjacent large private parking lots making this well-maintained property an attractive and fun place for locals and visitors alike. Add to that the Old American Bakery Building, now home to some of the best lunch shops in town, and you have the best investment opportunity today.
Prime Location |
High visibility and foot traffic along the Hilo Bayfront with popular and stable tenant mix
High visibility and foot traffic along the Hilo Bayfront with popular and stable tenant mix
Total Space Available
24,580 sqft
Sale Price
$6,000,000
Get in touch
Scott A. Crockford
Lic: RB-13508
Nicholas Adler
Lic: RS-78419