Commercial

5 Beds ⋅ 3 Baths ⋅ 734662 MLS ⋅ ['Fee Simple'] Tenure

Two permitted homes in the Nob Hill neighborhood located in the heart of Waimea, held by the same family for generations and offered for the first time. The homes share a single roofline with a breezeway in between, and each has its own driveway and its own backyard with a privacy fence between them. The property is fenced along the front, with covered concrete walkways all around. Each home has its own electric meter, and the two share a water meter. This premium location is just minutes from Parker Ranch Center, Waimea Town Center, the farmers markets, and Queen’s North Hawaii Community Hospital. Parker School, HPA, and Waimea’s public schools are close by. Enjoy cool upcountry living on the dry side of Waimea, with the Kohala Coast beaches about 20 minutes away. The property configuration offers great flexibility for the next lucky owner. Both homes are clean, comfortable, and ready to move in or rent. Live in one and rent the other, rent both for consistent income, or bring family under one roof while each household keeps its own space. Home 1 is a 3 bed/1.5 bath with vaulted ceilings in the great room, which houses an open concept kitchen, dining, and living area. The primary has an en suite half bath, plus two additional well-sized bedrooms. The covered carport has washer/dryer hookups and a laundry sink. Home 2 is a sweet 2 bed/1 bath with two sliders off the kitchen and an open living and dining room, where a large picture window takes in the green treetop views and big Waimea sky. Both bedrooms are nicely sized, and the full bath has a linen closet on either side. New carpet and a new water heater were recently installed. Opportunities like this are rare, and this one won’t last.

65-1235 Laelae Rd, KAMUELA

Listing courtesy of Salt Water Real Estate LLC.

$975,000

3 Beds ⋅ 2 Baths ⋅ 734053 MLS ⋅ ['Fee Simple'] Tenure

Bring your business home, create a live/work setup, or take advantage of one of Hanapepe's most flexible mixed-use properties. This C-G zoned Hanapepe property offers far more possibilities than first meets the eye. 4520 Hana Rd has the flexibility to support a variety of residential and commercial concepts. It is completely remodeled and offers 3 bedrooms, 2 bathrooms, a work/studio space, several additional work/flex spaces, and C-G zoning with a T4 Village Center (T4VC) overlay. The property offers an unusual opportunity to combine work, creative space, home or other permitted uses in one location. The T4VC overlay is particularly noteworthy for buyers interested in a property where residential and commercial uses can coexist. The West Kauaʻi Form-Based Code establishes T4VC as a village-center environment incorporating residential, retail, service, office and other neighborhood-oriented uses. The property has been meaningfully updated, including a fully remodeled kitchen and bathrooms with new appliances. Other improvements include replacement windows and whole-house fans (2018), a new roof with a subroof and hurricane clips (2020), Daikin split-system air conditioning throughout (2023), propane on-demand water heating, and interior and exterior paint. Outside, the fully fenced property offers multiple access points, a covered lanai and porch, established tropical landscaping, productive edible plants, and a large rear structure for office/workshop use. Located along Hana Road in central Hanapepe, the property has visibility and convenient access to Kaumuali'i Highway. Hanapepe is a walkable, historic community known for its galleries, Friday Art Night, and easy access to the West Side. Mixed-use properties with this combination of frontage, flexible spaces, updates, and location rarely come to market. Cross-posted as a Residential listing. See MLS #733472. Buyer & Agent to independently verify zoning and uses.

4520 Hana Rd, HANAPEPE

Listing courtesy of Hawaii Life.

$1,300,000

7 Baths ⋅ 733721 MLS ⋅ ['Fee Simple'] Tenure

The Mamo Mart building at the corner of Mamo and Kinoole Streets offers prime retail and office spaces. Positioned near landmarks like the Hilo Farmers Market, this asset guarantees great visibility for local businesses. A standout feature for downtown is the building’s dedicated covered parking garage, providing maximum convenience for customers and tenants. Units feature flexible, open-concept floor plans in numerous sizes offering a wide range of customization. Mamo Mart has been a staple commercial property in the East Hawaii community.

311 Kinoole St, HILO

Listing courtesy of Ginoza Realty Inc.

$3,000,000

2 Baths ⋅ 733230 MLS ⋅ ['Fee Simple'] Tenure

Rare Fee-Simple Commercial Opportunity in the Center of Waimea Town. Accessed directly from the primary highway, this approximately 38,825 square-foot parcel is zoned CV-7.5 Commercial Village and offers signage directly on main route through town, Mamalahoa Highway. It is positioned next to Waimea Shopping Center and W.M. Keck Observatory and across from Queen's North Hawaii Community Hospital and Ace Hardware. The property includes an approximately 3,699 square-foot, single-level building with character-rich details, including Koa wood paneling, an open-beam ceiling, a stone fireplace, office and storage areas, two restrooms and abundant natural light from windows on three sides. Formerly a well-loved local restaurant, the building presents an opportunity for restoration, renovation, or a new commercial concept. Exterior features include an asphalt-paved driveway and large parking area, main-highway signage potential, rock-wall and chain-link fencing and mature landscaping with trees and lawn areas. Utility infrastructure includes two septic systems, two electric meters and one County water meter. Waimea’s central location, established businesses, community amenities, schools, hospital, farmers markets and year-round visitor traffic add to the property’s appeal. Known for its strong Paniolo (Hawaiian cowboy) heritage, Waimea offers a distinctive sense of place that draws both residents and visitors. The Commercial Village zoning may support a range of potential uses; buyers should independently verify permitted uses, development requirements and all relevant State and County of Hawai‘i regulations. Septic-system information is available. Paniolo ranch brands are excluded. Property is offered As Is. DO NOT APPROACH PROPERTY WITHOUT LISTING AGENT PRESENT. Mahalo.

65-1144 Mamalahoa Highway, KAMUELA

Listing courtesy of Corcoran Pacific Properties.

$1,195,000

8 Beds ⋅ 5 Baths ⋅ 734458 MLS ⋅ ['Fee Simple'] Tenure

Two beautiful homes on one rare grandfathered parcel in one of Hilo's most convenient neighborhoods. Set on an 18,024sf lot, this property offers the flexibility few Hawaii listings can match: comfortable multi-generational living or a diversified income portfolio with three distinct income streams. The front home, lovingly known as The Pineapple Retreat, was built in 1950 and refreshed in 2022. It's a welcoming traditional island style home with Hilo Bay views from the primary living areas. Below, an independent basement studio with its own private entrance, kitchenette, bathroom (and fallout shelter!) enjoys a stable longer-term tenancy - or easily combine the 2 units back to the original status to create a 4 bedroom, 2 bathroom single family home. The rear residence, Hilo Bayview, was built in 1980 and was fully renovated in 2021. Enjoy sweeping island vistas and trade-wind breezes from its upper living spaces, along with generous bedrooms and modern finishes throughout. The 4 bedrooms and 3 bathrooms are complemented by an office, storage area, and a home theater room. Both homes come fully furnished and currently operate successfully as short-term rentals, earning great guest reputations. From January 2027, the rear residence could continue as a 3 bedroom hosted Transient Vacation Rental (TVR) under the new Hawaii County code, with the on-site long-term co-host living in the front residence basement studio. Conditional approval has been granted with certificate BBR-00084. The front residence upstairs can be operated as a longer-term, 6 month minimum lease. A new septic tank system was installed in 2022. Minutes from downtown Hilo, farmers market, bayfront parks, restaurants, shopping, and the airport, 441 Mohouli balances island charm with a genuine investment opportunity. Enjoy a 3D walkthrough and floor plans at:- https://my.matterport.com/show/?m=q9Kz3uVZhmV&brand=0 Please do not disturb guests.

441 Mohouli St Unit A & B, HILO

Listing courtesy of David Hubbard - Sole Proprietor.

$450,000

4 Baths ⋅ 734367 MLS ⋅ ['Fee Simple'] Tenure

Rare opportunity to purchase a thriving restaurant business TURNKEY! Restaurant has been in business for 15 years and Is currently making income! Owner's wish to retire. The current management is willing to stay on and run the business for the new owners! Excellent opportunity for passive income. OR new owners can take over the management and run it themselves. Totally TURNKEY with all the restaurant furnishings and all the kitchen equipment is included in the sale. Equipment Includes: *2 Standard Refrigerators *2 Large Fridge-only Refrigerators *New Ice Machine *2 Large Chest Freezers *3-Door Pizza/Sandwich Prep Commercial Refrigerator *Vulcan 4-Burner, 2 Ovens and Large Grill *Fully Air-Conditioned Kitchen Area *New Lighting Throughout Building *Ceiling Fans *Washer/Dryer and Laundry Room *2 Public Restrooms *One employee restroom with shower/tub. *New Commercial Energy-Star 80 Gallon Water Heater *Complete Bakery Room with Bakery Rack and Baking Equipment. *County Approved Grease Trap System. *Restaurant tables and chairs for 60 people. * Dishes and table ware * Pots and Pans *Every effort will be made to keep the restaurant fully stocked and operational during the listing term and during escrow.

15-2923 Pahoa Village Rd, PAHOA

Listing courtesy of Big Island Brokers.

$495,000

4 Beds ⋅ 3 Baths ⋅ 733566 MLS ⋅ ['Fee Simple'] Tenure

One property, two distinct living spaces. So many possibilities! Discover the flexibility of a two-story home thoughtfully configured with two separate living areas. each featuring it's own private entrance and individual electric meter. Whether your looking for a multigenerational home, a place to live while generating rental income, space for extended family, or an investment property with added versatility, this setup opens the door to options. Set behind a gated and fenced perimeter on a quarter-acre lot, there's room to enjoy privacy while still having the convenience of multiple living spaces under one roof. Live in one and rent the other, keep the family together while maintaining independence, or create the perfect combination of home and income. *Multigenerational Living - Keep family close while still allowing everyone to have their own private space & entrance. *Live in one, Rent out the other - Owner occupy one living area while generating rental income from the second. *Two rental opportunities - The separate entrances and electric meters provides 2 independent living arrangements. *Extended family and guest - A great setup for parents, adult children, or visiting family eho want privacy without being far away. *Home + work space - Use one level as your residence and the other as a private office, studio, or workspace. *House hack/Investment strategy - Reduce your own housing cost while putting the second living space to work. *Long-term investment With multiple living areas provide flexibility that traditional single living space homes may not.

16-2041 Anthurium Dr, PAHOA

Listing courtesy of Lei Po'o Real Estate LLC.

$550,000

3 Beds ⋅ 3 Baths ⋅ 734335 MLS ⋅ ['Fee Simple'] Tenure

Multi-Unit Investment Opportunity in Hawaiian Paradise Park! $550,000 | 15-1721 25th Ave, Keaʻau, HI 1 Acre Lot | 3 Buildings (5 Rentals) | Lava Zone 3 A rare, high-yield investment opportunity in a desirable Hawaiian Paradise Park neighborhood! Set on a private 1-acre parcel, this unique multi-unit layout features 3 structures with 8 rooms and 4 bathrooms total, offering strong rental stream potential up to $6,100 per month. Whether you’re an experienced investor, live-in landlord looking to cover your mortgage, or managing multi-generational living, this versatile footprint offers incredible income potential and equity growth. Property Layout & Details: •Main Building (Triplex): Features 5 bedrooms and 2 bathrooms across 3 units •Standalone Cabin 1: Private 2-bedroom (Fixer cabin) •Standalone Cabin 2: Private 1-bedroom, 1-bathroom cottage. •Income Potential: Multiple income streams with potential gross revenue of $6,100/month. •Property & Utilities: 1.00 acre (43,560 sq. ft.) lot on catchment water system in desirable Lava Zone 3 •Location: Prime HPP location on a great street with convenient access to both Hilo and Pāhoa amenities. All comments, data is provided by seller or seller's representatives. Buyer to confirm all & hold all parties harmless from any discrepancy data in the mls and advertising. Limited Service–Data Entry Addendum signed by seller/s must be signed by buyer/s with Purchase Contract.

15-1721 25th Ave, KEAAU

Listing courtesy of Nathalie Mullinix Realty Universal, Inc..

$830,000

6 Beds ⋅ 3 Baths ⋅ 734089 MLS ⋅ ['Fee Simple'] Tenure

Two renovated residences on a cleared and improved 0.70-acre lot in Kaumana, offering flexibility for residential use, guest accommodations, or potential rental opportunities, subject to applicable laws, regulations, and permits. Conveniently located with access to Saddle Road and Hilo, while situated in the cooler elevation of Kaumana. The main residence offers approximately 2,000 sq. ft. with 4 bedrooms and 2 bathrooms. Improvements include a renovated kitchen and bathrooms, new flooring, plumbing, windows, water heater, interior and exterior paint, and an updated open-concept layout. Windows throughout the home capture views of the surrounding tropical landscape. The second residence offers approximately 800 sq. ft. with 2 bedrooms and 1 bathroom. Updates include a remodeled kitchen and bathroom, new flooring, water heater, and interior and exterior paint. The property is set back from the roadway and includes a seasonal stream along the rear boundary. The lot has been cleared with select trees removed to improve usability while retaining established tropical vegetation. Convenient access to Hilo shopping, dining, services, and other everyday amenities. Buyer and buyer’s agent to independently verify all property details, permitted uses, square footage, improvements, and any applicable requirements with the appropriate authorities.

1360 Kaumana Dr, HILO

Listing courtesy of eXp Realty.

$150,000

734318 MLS ⋅ ['Fee Simple'] Tenure ⋅ Hilo Lagoon Centre BLDG.

GREAT OPPORTUNITY to purchase this suite as an investment or for an owner occupant. Commercial suite available in the highly desirable and convenient Hilo Lagoon Centre located next to the State and County building, Wailoa State park, banks, various retail, office, restaurants, and coffee shops. The Hilo lagoon Centre has 24-hour security and host a variety of businesses including but not limited to law offices, accounting office, healthcare, etc. The suite consist of 2 private offices and has breathtaking views of the Wailoa State Park and the koi pond below. The sale includes 1 floating parking stall. The building has a pool and conference room available for owners and tenants use. Monthly maintenance fees are currently $452.39 for 2026 and includes electric, water, sewer, and common area maintenance. Information herein deemed reliable, but buyer and buyers agent to do their own due diligence of all pertinent facts.

101 Hilo Lagoon Centre Unit 239, HILO

Listing courtesy of Hatada Realty LLC.

$6,500,000

4 Baths ⋅ 734294 MLS ⋅ ['Fee Simple'] Tenure

This industrial listing highlights approximately 28,000 square feet of warehouse space featuring roughly 30-foot high-cube ceilings on Kawaihau Road, noting its proximity as the closest industrial space to Kauai's North Shore, about 6 minutes from central Kapaa, 23 minutes from the airport, and 27 minutes from the harbor. Included features are solar, newly installed concrete driveway and swells, fully leased, 3 phase electricity, 5 separate electricity meters, fee simple ownership, and rare investment opportunity.

5611 Kawaihau Rd, KAPAA

Listing courtesy of Chaney, Brooks & Company, LLC.

$130,000

2 Baths ⋅ 734268 MLS ⋅ ['Fee Simple'] Tenure

This is a turnkey leasehold property. Only the business/restaurant is being sold, not real estate. Sale includes all equipment, stoves, refrigerator etc, except a few items that are leases, such as dishwasher. Owner/Seller completely remodeled/rebuilt this establishment when they took over the space.

194 Kilauea Ave, HILO

Listing courtesy of New eRealty.

$795,000

8 Beds ⋅ 7 Baths ⋅ 734247 MLS ⋅ ['Fee Simple'] Tenure

8BR/7BA Investment Opportunity on Ala Loop – $795,000 This large 8-bedroom, 7-bathroom home is a high-income property on a lush 1.25-acre lot in Kurtistown. It generates high monthly income. Location Highlights: • Only a 20-minute drive to Hilo’s shops, restaurants, and amenities! • Only 8 minutes from Keaau for groceries (KTA), schools, and local dining. • Connected to County Water, 3,200+ sq. ft. layout, and a detached garage. Perfect for a large family or a great investment with high-income rentals. While currently used for long-term rentals, this property could also be a possible Airbnb or short-term vacation rental. All comments, data is provided by seller or seller's representatives. Buyer to confirm all & hold all parties harmless from any discrepancy data in the mls and advertising. Limited Service–Data Entry Addendum signed by seller/s must be signed by buyer/s with Purchase Contract.

17-733 Ala Loop, KURTISTOWN

Listing courtesy of Nathalie Mullinix Realty Universal, Inc..

81-6587 Mamalahoa Highway Unit C202, KEALAKEKUA

$245,000

733818 MLS ⋅ ['Fee Simple'] Tenure ⋅ Pualani Terrace BLDG.

Situated in the Pualani Terrace business complex at approximately 1,500 ft elevation, this ground floor commercial property is less than one mile from Kona Community Hospital and serves the Kealakekua and Captain Cook communities. Unit C202 includes three individual commercial spaces, each with double glass-door entry, open-beam ceilings and large windows for natural light. One space includes additional storage. All three spaces are currently occupied by massage services and business consulting tenants. Features include flexible use for owner occupants or investors, lots of parking in the upper lot, a shared ground floor restroom and CAM fees covering sewer, trash collection and common area maintenance. Pualani Terrace business complex is split zoned A-5a and CV-10 and currently offers a restaurant, massage, day spa, and eye clinic.

81-6587 Mamalahoa Highway Unit C202, KEALAKEKUA

Listing courtesy of KW Big Island.

$949,000

734077 MLS ⋅ ['Fee Simple'] Tenure

Copy/Paste video link: https://drive.google.com/file/d/1RiGoDTDRwSt-2vg7Y0WbA-0xNW8y9toi/view?usp=sharing Thousands of people travel Māmalahoa Highway through Nā‘ālehu. Give them a reason to stop. Formerly South Side Shaka Restaurant & Bar, this recognizable commercial property is ready for its next chapter. Restaurant? Neighborhood tap house? Ka‘ū coffee tasting room? Retail? Office? Clinic? Live-work concept? The bones—and much of the expensive infrastructure—are already here. The approximately 1,764-sf CMU building sits on roughly 19,247 sf of land and offers about 954 sf of covered lanai wrapping the front and sides. Inside, you'll find high vaulted ceilings, exposed beams, abundant natural light and three connected spaces that can adapt to dining, retail, office, or gathering areas. Considering food or beverage service? Take a closer look: commercial hood with fire suppression, multiple sinks, propane hookups, commercial kitchen area, storage, two restrooms, 200-amp single-phase electrical service, county water, fiber-optic internet availability and a newer septic system. Much of the costly groundwork is already in place. Out back is a large open area with additional possibilities for parking, outdoor gathering space or future improvements. An existing easement provides access to the rear of the property. Located directly on Highway 11 on the edge of Nā‘ālehu, Punalu‘u, South Point, Hawai‘i Volcanoes National Park and Ka‘ū coffee country are all in this district. CV – Village Commercial zoning allows a broad range of uses, including restaurants, bars, retail, offices, medical clinics and residential uses, subject to applicable requirements. Highway visibility. Infrastructure in place. Room to grow. Imagine what YOU could create here. Buyer and buyer's agent to independently verify zoning, permitted uses, permits, improvements and approval requirements.

95-5673 Mamalahoa Highway, NAALEHU

Listing courtesy of United Country Real Estate-Hawaii Lifestyle Properties, LLC.

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