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MLS: 708811 (Active - For Sale) (Foreclosure)
 
Asking Price: $3,900,000 Fee Simple
Type: Commercial
District: South Hilo
Street: 180 Kinoole St
Neighborhood: Hilo Town
Baths: 14
Living Area: 21,252 SF
Style: Food Service,Office,Retai
Land Area: 9,493 SF
Days on Market: 182
Year Built: 1967
Zoning: CDH
Roads: County
Property Taxes: $18,511
Assessed Value: $2,306,700
Assessed Ratio: 169.07%
Listing Courtesy: Team Hawaii Realty
Terms Acceptable: 1031 Exchange,Cash,Conventional,PMM
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Rare Commercial Multi Story Building-Prime Condition-Hilo Plaza!

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.


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3 Sold Properties Found (Last 12 months)
Description List Date Sold Date List Price Sold Price
21 Bed 4.03 Bath01/28/202301/02/2024$998,500$1,050,000
0 Bed 0.09 Bath06/09/202311/27/2023$1,588,000$1,400,000
42 Bed 31.03 Bath04/01/202304/05/2024$2,300,000$2,150,000
Average Price:  $1,533,333

 
This information has not been verified by the associate and should be
verified by the buyer. Information is deemed reliable but not guaranteed.
Copyright: 2014 by Hawaii Information Systems.
 
IDX information is provided exclusively for consumer's personal, non-commercial
use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing.
 
The active listings on this site are listed by REALTORS®. If you are
interested in those listings, we may represent you as the buyer's agent.
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