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Eric S. & Lisa K. West

  • Cell 808-298-2030

Punahele Professional Building #203, HILO, Hawaii – $425,000 (Fee Simple)

  • $425k Price
  • 1,270 Sqft
  • 1.36 Acres
  • 386 DOM
  • $425k Price
  • 1,270 Sqft
  • 1.36 Acres
  • 386 DOM

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Punahele Professional Building #203

MLS® 660309 (Hawaii Real Estate) is located at Punahele Professional Building #203 HILO HI 96720 in PUNAHOA 1ST & 2ND PUNAHELE PROFESSIONAL BUILDING. The current listing status is Active. This bed and 0 bath Home was built in 1999 and features 1270 finished sq.ft with a lot size of 1.36 acres. This property has a reported annual taxes of $1,700. This property is currently listed for an *asking* price of $425,000 (Fee Simple) - please call for an explanation of fee simple vs leasehold. Buying Real Estate in Hawaii is very different from the mainland. We can help. 808-298-2030 Click Here to read customer Reviews from people who have worked with this agent.

Two turnkey connected medical suites (#202 & 203) located in one of Hilo's Premier Medical buildings, the Punahele Professional Building. Home to Hilo Community Surgical Center, these esteemed units are highly desirable for their central location and rarely come on the market. This is an excellent opportunity for a medical professional to own office spaces in Hilo. The main lobby offers beautiful, indoor landscaping with an open sky feature. Current tenants of the building include a pharmacy, a food service business, and many Doctor offices, setting the stage for a bustling, business environment. Building is ADA compliant and offers ample Customer Parking, in addition to the covered, assigned parking below the building. Double medical suites together feature a large reception room, 2 examination rooms with sinks, and a main procedure room with bright lighting, a main restroom for patients, 3 offices and an additional multi-purpose break room with a wet bar and a great panoramic view of Mauna Kea and historic Hilo Bay. The check-in desk provides lots of additional office space and features a private en suite bathroom. 4 deeded parking spaces are included: 2 covered, and 2 in the reserved parking section. Additional patient parking is available in the main parking lot. Punahele Professional Building's Condominium Property Regime requires that unit use be medical or other associated or ancillary services. AOUO fees are applied to building maintenance, property hazard & liability insurance for common elements, and management costs. TMK’s: 3-2-3-35-42-6 & 7 to be sold together for Listed Price. Suite 202 (TMK 3-2-3-35-42-6) is approximately 634 square feet, and the adjacent unit (TMK 3-2-3-35-42-7) is a similar 636 square feet, for a total shared space of 1,270 square feet.

Essential Information

  • MLS® #660309
  • Price$425,000
  • Land TenureFee Simple
  • Bathrooms0.00
  • Half Baths2
  • Square Footage1,270
  • Acres1.36
  • Year Built1999
  • TypeCommercial
  • Sub-TypeInside Unit
  • StatusActive

Community Information

  • SubdivisionPUNAHOA 1ST & 2ND
  • CityHILO
  • StateHawaii
  • Zip Code96720


Punahele Professional Building #203


  • ParkingAssigned
  • ViewBay, Forest, Mountain, Ocean


ADA Accessible, ADA Compliant, Bar-Wet, Office, Recreation Room, Restroom-Private


  • AppliancesMicrowave, Refrigerator
  • CoolingAir Conditioning


  • ExteriorConcrete
  • Lot DescriptionCul de sac
  • FoundationConcrete

Additional Information

  • Date ListedMay 15th, 2022
  • ZoningCN-10
  • HOA Fees871.00

Listing Details

  • OfficeColdwell Banker Island Properties - Hilo
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Listing information last updated on June 6th, 2023 at 12:25am HST.