About 290 Kamehameha Ave 290,300,302
Prime Bayfront Commercial Property – Hilo, Hawai‘i Discover a rare investment opportunity in the heart of Hilo’s bustling bayfront district. This well-maintained 7,372 sq. ft. commercial building features a thriving health food store along with two additional retail spaces, all with long-term tenants in place — providing a stable, income-producing asset from day one. Recently painted and carefully maintained, the property offers a highly visible location on Bayfront Drive, surrounded by popular local businesses, restaurants, and tourist destinations. Ample free street parking and steady foot traffic make it an ideal setting for continued retail success. Property Highlights: • Total Building Area: 7,372 sq. ft. • Three retail units, including an established health food store tenant • Long-term leases in place – consistent rental income • Recently painted exterior – clean and well-kept appearance • Prime Bayfront location with excellent visibility and signage potential • Ample street parking and strong pedestrian presence • Convenient access to downtown Hilo and major transportation routes Whether you’re seeking a turn-key investment or a high-exposure retail property in one of Hilo’s most desirable commercial areas, this property offers both stability and future upside potential at this very popular tourist destination!
Leasable area breakdown: 290-292 Kamehameha Ave. 3,870 sqft. 300 Kamehameha Ave. 1,790 sqft. 302 Kamehameha Ave. 1,712 sqft.
Features of 290 Kamehameha Ave 290,300,302
| MLS® # | 725131 |
|---|---|
| Price | $1,890,000 |
| Land Tenure | Fee Simple |
| Bathrooms | 1.00 |
| Half Baths | 1 |
| Square Footage | 7,372 |
| Acres | 0.20 |
| Year Built | 1958 |
| Type | Commercial |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 290 Kamehameha Ave 290,300,302 |
|---|---|
| Subdivision | HILO TOWN |
| City | Hilo |
| State | HI |
| Zip Code | 96720 |
Amenities
| Parking | Other |
|---|---|
| View | Bay, Ocean |
| Is Waterfront | No |
| Waterfront | Almost Oceanfront |
| Has Pool | No |
Exterior
| Lot Description | Interior Lot |
|---|---|
| Windows | Skylight(s) |
| Construction | Hollow Tile |
Additional Information
| Date Listed | October 30th, 2025 |
|---|---|
| Zoning | CDH |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Coldwell Banker Island Properties - Hilo |
|---|