About 92 Kalanianaole St
An exceptional opportunity to acquire fee simple commercial real estate in one of Hilo’s most accessible corridors. Located just off of Kanoelehua Ave between Kamehameha Ave and Kalanianaole, this 1.79-acre property offers an excellent opportunity. High visibility with easy ingress/egress that is well-positioned for future commercial development or redevelopment. Strategically located near the Banyan Drive resort area, Hilo International Airport, Hilo Harbor and Hawaii Island's state and county offices.
This property is ideal for investors, owner-users, or developers seeking a flexible commercial asset with strong infrastructure and an irreplaceable location.
Property Highlights:
Land Area: 1.79 acres (Fee Simple)
Zoning: V-.75 (Urban, Resort, Commercial Use)
State Land Use: Urban
Building Size: Approx. 4,540 SF
Utilities:
Water: County Department of Water Supply via existing 12-inch main; 3 active water services already on site.
Wastewater: Served by County sewer system via 30-inch main along Kalanianaole Street; two stub outs, one currently in use.
Site Improvements:
Existing commercial structure.
Paved parking lot and additional graded parking areas.
Cleared and fully graded site with minor landscaping along perimeter.
Prime Commercial Property – 92 Kalanianaole Street, Hilo, HI 96720
Features of 92 Kalanianaole St
| MLS® # | 721902 |
|---|---|
| Price | $3,500,000 |
| Land Tenure | Fee Simple |
| Bathrooms | 3.00 |
| Half Baths | 3 |
| Acres | 1.79 |
| Year Built | 1962 |
| Type | Commercial |
| Sub-Type | Hotel/Motel,Retail,Warehouse |
| Status | Active |
Community Information
| Address | 92 Kalanianaole St |
|---|---|
| Subdivision | WAIAKEA |
| City | Hilo |
| State | HI |
| Zip Code | 96720 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Additional Information
| Date Listed | August 1st, 2025 |
|---|---|
| Zoning | V-.75 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Aloha Sotheby's International Realty Inc. |
|---|