Kailua Kona and Kohala Coast Real Estate Search

Commercial Properties

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Chiaki Yamada is a broker/agent with KW Big Island who specializes in the sale and purchase of Industrial, Office, Multi-Family and Vacant Land. With more than 13 years of experience in the Big Island real estate industry, Chiaki’s attention to detail and commitment to customer service are keys to her success.

 

She proactively performs Real Estate duties resulting in successful closings. Born & raised in Japan, worked as Director of Sale East Coast for Shiseido Cosmetics America in NYC before this real estate career. Chiaki speaks fluent Japanese and English, as well as conversational Spanish, and is considered one of the island’s top brokers for international clients.

Newest Commercial Listings

$924,000
6 Beds ⋅ 4 Baths ⋅ 730272 MLS ⋅ ['Fee Simple'] Tenure
Imagine having two permitted classic Hawaiian style homes on one lot. This well-built quality duplex has charm and significant income potential. Built and renovated by renowned local craftsman Don Svendsen. It has been meticulously maintained and updated with Sapele finish kitchen cabinetry, laminate and tile flooring. The building contains two separate three-bedroom, two-full-bathroom units, totaling six bedrooms and four full bathrooms. Each unit features individual carports, laundry rooms with included washers and dryers, covered front wood deck lanais and rear concrete patios. Thoughtful floor plans maximize the 2,112 square feet of interior space. Both homes offer peek-a-boo ocean views. Each home has its own permitted cesspool and electric meter. The water meter is shared. Carports and laundries separate the units in front and a privacy wall separates the patios in the back. The mature tropical landscape includes a food garden and productive fruiting and flowering trees. The front and back boundaries are fenced. The original roofing is high quality zinc aluminum with a baked enamel finish. The property is private yet near time honored destinations in the heart of historic Niulii. Private yard with hedges on all sides has tangerine, avocado, mango, moringa trees, lilikoi, striated ti and many mature tropical plantings. This parcel is walking distance to Keokea Park and two miles from mystical Pololu Valley, which has hiking trails and a black sand beach. Currently occupied by tenants; 48 hours advance notice is required.  Some furnishings are included.

52-277 Keokea Park Rd, KAPAAU

Listing courtesy of Algood Hawaii, LLC.

$2,800,000
730774 MLS ⋅ ['Fee Simple'] Tenure
Public Remarks: 1.17 acres of industrial land located in the Kaloko Industrial subdivision. This lot has retaining wall along west boundary. Sale includes approved permitted warehouse with 14,616 sf building area.

73-5643 Kauhola St, KAILUA KONA

Listing courtesy of COMPASS.

$1,250,000
13 Beds ⋅ 4 Baths ⋅ 730408 MLS ⋅ ['Fee Simple'] Tenure
This is a fully rented retail building with two separate free-standing residences located in the center of Papaikou. The Retail location is fully rented long term, and in exceptional condition considering its age. In addition to the 4 retail spaces currently rented, there is approximately 1000 sq ft upstairs that can be used as office, additional retail space, or storage. Separate from the retail space are two residential properties. One a two story, 7-bedroom home with nice ocean views, and a second 3 bedroom, 1-1/2 bath home with an attached carport. This third home is listed as tmk 3-2-7-33-17. Though it is listed as a separate TMK the county has no record of a legal subdivision and additional research is required. A large staging area separates the retail for the residential that could give additional rental income as well. This property is perfect for a family complex with retail space or possible condominium development. Located right next the Papaikou post office make it centrally located for future development opportunities. This wont last long

27-302 Mill Rd, PAPAIKOU

Listing courtesy of Savio Realty Ltd. - Hilo Office.

$8,875,000
20 Beds ⋅ 25 Baths ⋅ 730091 MLS ⋅ ['Fee Simple'] Tenure
Rare offering of stabilized apartment income property at Alahou Street Apartments. 25 units in two newer buildings, with 8 2-bedroom units in building A built in 2012 and 15 studio units plus 2 2-bedroom units in Building B built in 2018, both being in excellent condition. Total of 10 2-bedroom units and 15 studio units located in the heart of Kailua-Kona town. With a high barrier to entry due to lack of water and zoned land, there are no new competing projects planned in the area at this time, leading to consistent rental pressure over time and high occupancy, typically pushing 100%. Great parking and walking distance to shopping and dining add to the desirability of this project. Priced at $8,875,000, which represents a 5.5% capitalization rate on Trailing Twelve Months (T-12) financial performance, this Offering provides an excellent opportunity for investing in the Kailua-Kona market, one of Hawaii's most popular resort/residential markets. With the planned new hospital and other growth in the area, continued upward pressure on rents and high occupancy is very likely. Walkability score of 72. Potential to convert the project to a Condominium Property Regime is available.

75-5749 Alahou St Unit 25, KAILUA KONA

Listing courtesy of Pacific Realty Organization LLC.

$2,250,000
730231 MLS ⋅ ['Fee Simple'] Tenure
Sold together with TMK (3) 1-6-146: 37 & 38. Property Highlights • Approximately 8,000 SF of industrial improvements situated on 44,928 SF of fee simple land • Zoned MG-20 (General Industrial) allowing a wide variety of industrial uses • Tenanted industrial warehouse investment • Flexible warehouse layout suitable for manufacturing, storage, distribution, or contractor uses • Two roll-up loading doors supporting efficient warehouse operations • Fully fenced and gated property providing secure yard and storage area • Secure outdoor yard space, highly desirable for equipment storage and service businesses • Located within an established industrial cluster in Kea’au • Convenient access to Hilo and surrounding East Hawaii communities • Rare small-bay industrial opportunity on Hawaii Island • High barriers to entry for new industrial development on the island • Growing demand for warehouse and service industrial space • Attractive opportunity for both investors and potential future owner-users

16-118 Liilii St, KEAAU

Listing courtesy of Chaney, Brooks & Company, LLC.

$825,000
5 Beds ⋅ 2 Baths ⋅ 730183 MLS ⋅ ['Fee Simple'] Tenure
PRICE REDUCED!! Seldom presented opportunity to acquire 2 great homes in this area. Several possible uses: a multi-generational family to live next to each other; live in one and rent the other or rent both and generate good rental income. Both homes have been very well maintained and updated. Don't overlook this gem.

557 Kupulau Rd, HILO

Listing courtesy of Century 21 Homefinders of Hawaii.

$1,650,000
7 Baths ⋅ 730008 MLS ⋅ ['Fee Simple'] Tenure
Two separate commercial buildings with high visibility and convenient central location just above downtown Hilo. First building is 1,840 sqft. with long term tenant (dental office)and the second building offers 2 additional units adding an additional 2,976 sqft. and is currently fully occupied. The property also includes the 16 stall parking lot which is a rarity in the downtown area.

224 Haili St, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$737,000
5 Beds ⋅ 6 Baths ⋅ 729656 MLS ⋅ ['Fee Simple'] Tenure
Nice rental property in Hilo. All units have been renovated and are rented. Three individual and separate rentals with carports. One TMK# makes for easy management. Good tenants, good income. Subdivision possible. Renovations on all three units: New roofing & refinished in some areas New countertops, Quartz in unit B New paint, interior and exterior New windows in unit B New bathrooms New flooring New lighting, fans New hardware New faucets New carpentry work throughout Fumigation was completed. All units have a separate electric meter installed by HELCO. Excellent rent roll. The 3 structures are permitted and were built previously to Hawaii county building code in 1976 and are considered legal non-conforming use which does not need a variance from Hawaii county. See the attached addenda from the county confirming this. Also, there is a Survey attached. Please schedule showings for after 10:30 am

76 Palai St, HILO

Listing courtesy of Big Island Properties.

$1,299,000
1 Baths ⋅ 729565 MLS ⋅ ['Fee Simple'] Tenure
Prime Quick Service Restaurant(QSR) Location! Underground Storage Tanks Removed - State NFA Letter Issued. 17,705 sf. land area. FOR LEASE AND FOR SALE. Seller offering sellers lender financing. 40% down, Sellers lender to finance balance* call for details. Rare, prime commercial property, central location in the town of Hilo. High visibility, high traffic corner situated along main corridor Kamehameha Ave. / Hawai'i Belt Rd. Average Annual Daily Traffic is 12,693 on Kamehameha Ave. and 9,121 on Pauahi St., and 23,107 on Hawaii Belt Rd to Kamehameah Ave. South. (D.O.T.2024) 8 minutes to Hilo International Airport. Ideal for Drive Thru Quick Service Restaurants (QSR), Tour Activities, Retail, Contractor, Car Wash, Oil Change, Convenience/Liquor Stores, Medical Clinics, Corner Prime Visibilty. Within 5 minutes walking distance to Federal, State, County offices, Hilo Farmers Market, banks, stores, restaurants, offices, Hilo Bayfront Beach Park, canoe houses, boat ramp, docks, King Kamehameha the Great statue, Naniloa Golf Course, Lili'uokalani Gardens and Hilo Hawaiian Trademark Hotel, and the Grand Naniloa Hotel Double Tree by Hilton. Located in the center of Wailoa Park. Very rare investment /opportunity. SMA zone.

744 Kamehameha Ave, HILO

Listing courtesy of Hilo Farmers Market Realty LLC.

$2,499,000
7 Beds ⋅ 5 Baths ⋅ 729558 MLS ⋅ ['Fee Simple'] Tenure ⋅ C T Condominium BLDG.
CASH-FLOW MULTI-UNIT PROPERTY. Ideally suited for multi-generational living, private retreat center, family compound, or as a cash-flow rental. Live in one and rent out the rest. * SELLER FINANCING AVAILABLE * Down Payment of 15% ($375,000). Owner financing up to 5 years at only 4.75% interest. $15,300 / month current total income. Rent roll available. FOUR UNITS: * MAKAPUNI – main house consists of a 4 bedroom / 2 bath with a staircase that leads to two half lofts and a mini office loft, as well as an enclosed lanai. * OLUOLU – guesthouse is a 1bedroom / 1 bath that has its own private yard, private parking, and fireplace. * UKULELE - caretakers cottage is a cozy and functional 1bedroom / 1 bath cottage with open lanai that overlooks the Lawai valley. * HAUOLI - open floorplan studio with loft / half bath and outdoor shower with lanai and private courtyard. * FLEX SPACE – converted garage that could be utilized as an office space, work out room, storage, or more. Each unit has its own washer and dryer, privacy from the other units, and comes fully-furnished. A terrific turn-key situation that can start earning for you on the day of closing. Perched on a cool and breezy Lawai hillside, this enchanting property was built with concrete and love. Meandering concrete paths lead to separate buildings, surprise spaces, fruit trees, and planted with exotic tropical foliage. You will know you are on the Garden Island. Convenient Lawai location is a short drive away from the sunny beaches of Poipu, the necessities of Lihue, and the wonders of the Westside and Kokee.

3198 Wawae Rd, KALAHEO

Listing courtesy of RE/MAX Kauai - Princeville Office.

$950,000
1 Baths ⋅ 729271 MLS ⋅ ['Fee Simple'] Tenure ⋅ Folster-Nitta Estates BLDG.
Stand-alone commercial building in Kekaha with excellent Kekaha Road frontage and visibility. Well maintained with an open floor plan, large windows, and abundant natural light. Flexible layout offers many potential commercial uses (Buyer to verify with County). A great opportunity to bring your vision to life on Kauai’s West Side.

8297 Kekaha Rd, KEKAHA

Listing courtesy of Better Homes and Gardens Real Estate, Rainbow Island Properties.

$869,000
9 Beds ⋅ 3 Baths ⋅ 729089 MLS ⋅ ['Fee Simple'] Tenure
Located in Honokaʻa Town, this versatile property offers strong income potential with multiple living areas and flexible use options. The freshly painted main home features 4 bedrooms and 1 bath upstairs, along with a separate downstairs living area that includes additional finished rooms currently utilized as bedrooms with potential for other uses as well - ideal for maximizing rental configurations or creating multiple income streams. A detached structure sits beyond the main home, most recently used as storage space. Buyers are encouraged to perform their own due diligence regarding improvements, permits, bedroom count, and usage. Some rooms and lower-level living areas may not match county records.

45-505 Koniaka Pl, HONOKAA

Listing courtesy of Pacific Coast Properties Inc.

$1,800,000
729001 MLS ⋅ ['Fee Simple'] Tenure
~Amazing opportunity to Own A Oceanfront Commercially Zoned Multi Use properties that is a Dream Come True ! TMK # 3-3-9-1-5 / MLS # 718997 9.69 acres Also Included in Sale for a Total of 11.25 Acres along with over 4129 Sft House with Rare MG-1A Commercial Zoning and Fruit / Palm Tree Farm Planted with Exotics , coconut trees, Lemon Lime, Tangelo + Orange trees , Star fruit , Banana Passion fruit, Lilicoy , Macnut All Planted to name a few. It has a 635000 Gallon in ground cement water Reservoir Tank and a covered Huge open Barn Building to Store your Tractors and Heavy equipment and a separate Ocean Front Cabin with storybook Paths leading to the Ocean throughout the property. Flowering Plants to set the picturistic scenery .Live the Dream this one is for you !

39-3296 Old Mamalahoa Hwy, OOKALA

Listing courtesy of RE/MAX Resort Realty - Wailea.

$449,000
1 Baths ⋅ 728722 MLS ⋅ ['Fee Simple'] Tenure ⋅ Waimea Town Plaza BLDG.
A rare opportunity to own commercial space in the heart of Waimea. Unit 101 at Waimea Town Plaza offers outstanding visibility, convenient access, and flexible Neighborhood Commercial zoning, allowing for a wide variety of business uses in one of Waimea’s most established mixed-use centers. Located along Mamalahoa Highway, the main corridor connecting Kona and Hilo, Waimea Town Plaza is a well-known destination that combines local businesses with residential condominiums. The property is within walking distance of Waimea’s shops, restaurants, professional services, and daily conveniences, making it an ideal setting for businesses serving the local community. Positioned on the ground floor, Unit 101 provides easy access for clients and customers along with excellent exposure for your business. The space offers a flexible layout that can accommodate a variety of commercial uses such as a professional office, wellness practice, boutique retail space, or other service-based businesses. Owners and tenants benefit from ample guest parking nearby, along with the convenience of an assigned parking stall. Commercial opportunities in Waimea’s town center rarely become available, making this a compelling opportunity for entrepreneurs, investors, or business owners seeking a strategic location with strong visibility and long-term potential. Come explore the possibilities and imagine establishing your business in one of Waimea’s most desirable commercial locations.

64-1061 Mamalahoa Highway Unit 101, KAMUELA

Listing courtesy of Hapuna Realty.

$2,750,000
725688 MLS ⋅ ['Fee Simple'] Tenure
Rare 10.26-Acre Opportunity in the Kalaheo / Koloa Area zoned R-2 and Open. Located along Kauai’s primary transportation corridor, this highly visible property offers exceptional potential for industrial, warehouse, or mixed-use operations. The site is currently occupied by Koloa Rum Company and features over 13,000 sq ft of existing improvements. The current lease has expired and title will revert to Fee Simple, creating a valuable opportunity for owner-users or investors. Positioned along Kaumuali'i Highway, the main route connecting Lihue' with Kauai’s west side, the property benefits from excellent exposure and convenient access. Existing improvements include two steel warehouse buildings, a drive-in freezer, chill room (box only) and front office area. The 10.26-acre parcel features varied topography with gentle, moderate, and steeper slopes and is zoned Open and R-2 (approximately, or just under, 2 acres zoned R-2 near the Waimea Missionary Church side of the property). With limited industrial inventory on Kaua'i and strong demand for warehouse and production space, this property offers significant potential for possible continued commercial use, future development, or long-term investment. Property to be sold As-Is.

2-2741 Kaumualii Hwy, KALAHEO

Listing courtesy of eXp Realty.

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