Hilo Brokers LTD

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Changed Last 30 Days! 21252 sq ft (0.22 acres) in HILO TOWN Contact Hilo Brokers about THIS property.

Description

This exceptionally built 3 story solid concrete commercial building has recently undergone a $300,000 renovation! The Hilo Plaza is an outstanding downtown Hilo building!!

Improvements include new central rooftop air conditioning, over $100,000 for exterior building paint, new office doors/hardware, major plumbing & ADA accessibility improvements.

Hilo Plaza has been meticulously maintained and improved over the last 30 years by the current owner!! VERY CLEAN and TIDY!

Rarely do you find a building with this unique gorgeous architectural design and appeal AND in beautiful turn key condition.

Located in historical downtown Hilo, which is the second largest metro area in the State of Hawaii. This is an ideal investment opportunity. A national anchor tenant occupies the majority of the 3rd floor and a portion of the 2nd floor for their administrative offices.

Qualified purchasers will be supplied with all the current lessees, leases, income and expenses.

Possible small Purchase Money Mortgage MAY be possible for the right buyer.

*All information is deemed accurate & reliable, however all interested parties, agents & buyers are cautioned to perform their own due diligence regarding all matters pertaining to this property. Square footage to be verified by an appraisal report or other means acceptable to the buyer.

General Information

Address:	180 KINOOLE ST HILO, HI 96720
Subdivision:	HILO TOWN
Price:	$3,900,000
Form:	Commercial
House Size:	21,252 Sq Ft
Lot Size:	0.22 Acres (9,493 Sq Ft)
Type:	Multi-Dwelling
Lava:	Zone 3
TMK:	3230130010000
MLS:	708811
Terms:	1031 Exchange Cash Conventional PMM Pre-Foreclosure

District:	South Hilo District (learn more)

Beds:	0
Baths:	14.0
Built:	1967
Status:	Active
Tenure:	Fee Simple
Taxes:	$18,511.0
Value:	$410.83/SqFt (land) $183.51/SqFt (stucture)