800 KILAUEA AVE HILO HI 96720

Opportunity to own a productive and thriving downtown Hilo business building fully leased with 4 tenants. Located centrally in the heart of Hilo, across from the county buildings and Just Cruisin Coffee, with beautiful views of Banyan trees and scenic Waiakea Pond/Wailoa River. This building is a strong pillar of downtown Hilo’s charming architectural spread. Freshly painted, extensively remodeled and equipped with a new roof, this building has been brought into the 21st century in style! On street level, there are two restaurants that features a certified kitchen, restrooms, and both indoor & outdoor dining options. The outdoor dining area has a “cafe culture” feel, complete with a live bougainvillea wall for a special dining experience. The other offers a beautiful backyard garden with tables and umbrellas. Upstairs features a functioning, well-reputed hostel with aesthetically pleasing living spaces, reading nooks, multiple bedrooms & bathrooms, an office and kitchen. Professionally decorated with an attention-to-detail, this space is bright and clean, and has been remodeled to be simply charming! An absolute must-see, this desirable place is immaculate, and is often referred to as the cleanest place to stay in Hilo. Property maximizes usage of valuable space with 7 parking stalls in the back to accommodate the busy and profitable businesses in place, in addition to the street parking available on Kilauea Ave.

*Offering added security and safety, building lies outside the tsunami zone.
*All tenants furnishings, appliances and trade fixtures are excluded.
*2 units feature kitchens suited for restaurant level production. 1 unit features a kitchen suited to service high demand communal needs of a functioning hostel.
*Electric Meters: (1) hostel & cafe, (1) manager office, (1) restaurant
*H2O Meter: (1) for all
*Gas Meter: (1) restaurant, (1) hostel & cafe
MLS #:650823

Listing courtesy of Chloe Oldfather at Coldwell Banker Island Properties – Hilo