Commercial

726599 MLS ⋅ ['Fee Simple'] Tenure ⋅ Pomaikai Cottages BLDG.

Pomaikaʻi 5 represents one of the most desirable office locations in Waimea, situated within a short walking distance of Merriman’s, Pau Pizza, and Surf Camp Coffee. Owned by the Seller for 26 years, the property has appreciated at an estimated compound annual rate of approximately 7.5%. Along with the current below-market asking price, Seller is pleased to be passing on this value added history. The commercially zoned 342 square foot office is ideally positioned on a quiet cul-de-sac in the heart of Waimea, offering rare tree-shaded tranquility and privacy seldom found in commercial properties. The discreet, off-road location has contributed to exceptionally low tenant turnover. Pomaikaʻi 5 is a corner unit featuring windows on two sides, providing natural light, serene views and convenient, hassle-free parking. The space has previously been occupied by a well-regarded real estate professional, nonprofit organization, and mental health practitioner. Recent updates include luxury flooring and fresh interior paint. Owner may entertain Seller financing with a considerable down payment and stable buyer/tenant.

65-1241 Pomaikai Pl Unit 5, KAMUELA

Listing courtesy of COMPASS.

$6,250,000

5 Beds ⋅ 5 Baths ⋅ 726197 MLS ⋅ ['Fee Simple'] Tenure

This fee simple Waimea commercial property offers two fully occupied warehouse buildings with a versatile mix of storage/garage, retail, and residential uses. Building 1 is a warehouse structure featuring three individual storage/garage bays totaling approximately 5,000 square feet (about 1,666 square feet each), along with three one-bedroom, one-bath residential units totaling roughly 2,500 square feet. Building 2 includes two large warehouse bays totaling approximately 4,485 square feet, one with a mezzanine currently used as an office. Adjacent to the warehouse is a retail space of 1,450 square feet. Above the retail space, the second floor offers two one-bedroom, one-bath residential units with a laundry room totaling 1,450 square feet. Zoned Neighborhood Commercial 7.5, the property supports conveniently located services for nearby residents and workers, while accommodating a broad range of commercial and residential needs. All units in both buildings are fully leased, providing immediate income. The property is conveniently located just 0.8 miles northeast of central Waimea. Waimea, the largest town in North Hawai‘i, is home to approximately 10,000 residents. Its economy is rooted in ranching, farming, and support services for the world-renowned Mauna Kea observatories. The town also features two established private schools and a private hospital offering acute and emergency care. Parker Ranch, one of the oldest and largest ranches in the United States, is headquartered here, contributing to Waimea’s rich Paniolo heritage and expansive pastoral landscapes. This property presents an excellent opportunity for an owner-user or investor seeking a flexible, income-producing asset in a thriving North Hawai‘i community.

64-1015 Mamalahoa Highway, KAMUELA

Listing courtesy of KW Big Island.

$3,750,000

2 Baths ⋅ 726196 MLS ⋅ ['Fee Simple'] Tenure

Rarely available, this fee-simple commercial property offers an exceptional combination of retail, residential, and warehouse space in a highly visible Waimea location. The ground floor features two retail units with highway-facing frontage totaling 1,100 square feet, while the second floor includes two studio apartments totaling an additional 1,100 square feet. Behind the retail and residential spaces is a substantial warehouse structure containing three versatile bays totaling 4,000 square feet (approximately 1,333 square feet each). These bays are ideal for storage, garage use, or a wide range of commercial operations. All units across the property are currently leased, providing immediate income potential. Zoned Neighborhood Commercial 7.5, the property is intended for conveniently located centers that serve nearby residents and workers with frequently needed goods and services—distinct from central commercial districts that serve broader, region-wide commercial activity. With its flexible layout, valuable zoning, and strong visibility along Mamalahoa Highway, this mixed-use property represents a rare opportunity just 0.8 miles northeast of Waimea town center. Waimea is the largest town in North Hawai‘i with approximately 10,000 residents. Its economy is anchored by ranching, farming, and its role as a support hub for the globally significant telescopes atop Mauna Kea. The town is also home to two well-established private schools and a private hospital offering acute care and emergency services. The world-renowned Parker Ranch is headquartered here, continuing the area’s historic ranching tradition rooted in the Waimea/Kohala region—celebrated for its Paniolo (Hawaiian cowboys) and sweeping volcanic grasslands. This property offers an exceptional opportunity for an owner-user or investor seeking a well-positioned, income-producing asset in one of Waimea’s most desirable commercial corridors.

64-1013 Mamalahoa Highway, KAMUELA

Listing courtesy of KW Big Island.

73-1153 Ahikawa St Unit A & B, KAILUA KONA

$1,595,000

8 Beds ⋅ 6 Baths ⋅ 726148 MLS ⋅ ['Fee Simple'] Tenure

Are you looking for a Multi-Family and/or an Income Property? One Lot with Two Updated Homes each includes Upper-Level Main Living areas and Lower-Level Guest Quarters with private entrances. Located above the airport at an ideal elevation with panoramic Ocean and Sunset views in a quiet neighborhood with convenient access to Kailua-Kona town and the Kohala Gold Coast. Both areas offer a variety of restaurants, shopping and beaches. North located home: The open-beam ceilings in the Great Room divide the two-bedroom suites, each with a walk-in closet, four-piece bathroom, sliding doors to private covered tiled lanais. Kitchen has bright white cabinets and appliances. Guest quarters have 2 bedrooms/1 full bath, wet-bar, cabinets, vinyl & tile flooring. West side windows w/ garden views. Separate entrances to the Storage Room and Laundry. Two storage buildings for yard tools and beach toys are towards the back of the property. South located home: Two car carport and laundry closet, new roof, open-beam ceilings, 3 bedroom & 1 ¾ bath. Updated Kitchen, bathrooms and tile floors. Covered Lanai the full length of the house on both levels. Guest quarters 1 bedroom/1 bath, updated bathroom, wet bar, cabinets, vinyl and tile flooring. The Kona Coast is known for year-round warm weather to enjoy World Class Fishing & Marlin Tournaments, Iron Man, Canoe racing, and it’s a golfer’s paradise! There is something for everyone: whether you desire a bare foot stroll along soft white-sand beaches, swimming in warm cleansing saltwater, or snorkeling and diving spots in protected coves, or just a spot to sit along the shore and listen to the waves and watch the sunset – Kona has it all! It is an amazing place to call home or enjoy a relaxing sunny vacation in the midst of the Aloha spirit and culture. All comments, data is provided by Seller, Buyer to confirm all & hold all parties harmless from any discrepancy data in the MLS and advertising, limited service-data entry Addendum

73-1153 Ahikawa St Unit A & B, KAILUA KONA

Listing courtesy of Nathalie Mullinix Realty Universal, Inc..

$1,399,999

6 Beds ⋅ 5 Baths ⋅ 724656 MLS ⋅ ['Fee Simple'] Tenure

Stop your scroll — this is the one you’ve been waiting for! Discover a rare opportunity in the desirable heart of Kapa‘a House Lots. Directly across from Kapa‘a Elementary, Mahelona Hospital, just minutes to Kealia Beach, coastal bike path and Kapa‘a town amenities. This versatile property combines convenience, lifestyle, and flexibility. Set on over a quarter acre, it features two standalone homes. In total, there are 6 bedrooms, 4 full baths, and 1 half bath, perfect for multi-generational and flexible living options. The front home has been freshly upgraded with interior and exterior paint, luxury vinyl plank flooring, a remodeled kitchen with white ice laminate countertops, glossy white cabinetry and a refreshed bathroom with a new vanity and mirror. Its spacious vaulted-ceiling great room features a cozy slow wood-burning tiled fireplace, perfect for relaxing evenings. The freshly painted carport and newly graveled side yard offer extra parking and storage. The back home includes a split AC unit in the living room and primary bedroom for ultimate comfort and window A/C units throughout the home for those hot summer days. A chef’s kitchen with solid granite countertops and Koa wood cabinetry. Both full bathrooms have been refreshed with new vanities. Other key features include a newly added open-concept family room, a spare office room plus an outdoor sun deck and an outdoor shower with a convenient half bath near the garage. Practical touches abound: a 720 sq ft carport/garage provides ample driveway space and parking. The fully fenced in yard, featuring a partially new and freshly painted wood picket fence, makes it ideal for pets. Not to mention both roofs have been recently redone. Whether you’re looking for a new primary residence or simply a home with flexible living options, 4806 I'iwi Road offers spacious living, modern upgrades, and a prime location in one exceptional property.

4806 Iiwi Rd, KAPAA

Listing courtesy of Keller Williams Honolulu.

$344,000

2 Beds ⋅ 2 Baths ⋅ 725973 MLS ⋅ ['Fee Simple'] Tenure

Discover a rare opportunity to live and work in the heart of Pahoa Town! This versatile property on Pahoa Village Road is zoned Village Commercial, offering endless possibilities for rental income or personal use. With its prime location, the studio space is ideal for residential use, a doctor’s office, a massage school, a retail shop, a home office, or a creative studio — and so much more. The flexible zoning allows you to tailor the property to your vision, whether you’re seeking a business investment or a live/work lifestyle. Enjoy the convenience of a central location in Pahoa, with easy access to shops, restaurants, local eateries, and community amenities. Legal square footage and baths may differ from actual; buyer and buyer’s agent to conduct their due diligence and verify all property information.

15-2885 Pahoa Village Rd, PAHOA

Listing courtesy of HomeSmart Island Homes.

$850,000

1 Baths ⋅ 723704 MLS ⋅ ['Fee Simple'] Tenure

Former American Savings Bank building, Kealakekua. Has possibilities for various uses, businesses, Upgraded septic system, lots of paved parking. Vacant, call listor for showing.

81-6644 Hawaii Belt Rd, KEALAKEKUA

Listing courtesy of Kona Coast Realty Corporation.

$16,250,000

4 Baths ⋅ 722539 MLS ⋅ ['Fee Simple'] Tenure

An exceptional and irreplaceable offering in Keaau, Hawai‘i: two contiguous parcels totaling 8.17 ac., featuring entitled industrial land, on-site renewable energy infrastructure, secure access to groundwater from the Mauna Loa Aquifer, and over 22,000 square feet of existing improvements including 1200 PV panels on the adjacent condo lot of 1.141 ac. This is an opportunity to acquire a fully positioned industrial asset in one of Hawai‘i Island’s most important and resource-conscious industrial corridors. At the core of this property is a fully permitted private well sourcing water from the Mauna Loa Aquifer-a clean, high-recharge aquifer recognized as one of Hawai‘i’s most reliable. With new well permits no longer being issued, this legally entitled access represents a rare and secure resource that cannot be replicated under current regulations for commercial use. The well is permitted to serve both parcels, w/up to 50% of its capacity transferable between them. Water use remains within sustainable and regulated limits and opens the door to a range of permitted on-site uses. In an era where supply, security and resource independence are critical, this property offers a powerful combination of water access, clean energy, and entitled land uses. The 7.03 ac. lot includes a Special Use Permit (SUP) allowing for industrial operations on agriculturally zoned land--a process that typically takes 24+ months to obtain in Hawai‘i. This eliminates significant entitlement risk and delay. The approx. 22,000 sq.ft. of existing improvements further reduce time and cost for deployment—avoiding lengthy permitting, construction, and inspection timelines. This property offers a self-reliant infrastructure with water, energy, land control, secure, permitted water rights which are non-reproducible and strategically valuable and, infrastructure advantages that save years of development time. Further valuation perspectives are available w/acceptable financial credentials and NDA.

16-305 Volcano Rd, KURTISTOWN

Listing courtesy of COMPASS.

$2,700,000

5 Baths ⋅ 722742 MLS ⋅ ['Fee Simple'] Tenure

Downtown commercial property with quant house converted to medical offices, on site parking

75-137 Hualalai Rd, KAILUA KONA

Listing courtesy of Go Commercial, LLC.

$3,500,000

3 Baths ⋅ 721902 MLS ⋅ ['Fee Simple'] Tenure

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

92 Kalanianaole St, HILO

Listing courtesy of Aloha Sotheby's Intl Realty - Hawai'i.

$1,575,000

2 Beds ⋅ 1 Baths ⋅ 722650 MLS ⋅ ['Fee Simple'] Tenure ⋅ Kamakani Kai BLDG.

RESIDENTIAL & COMMERCIAL PROPERTY!!! This building is a classic and quaint plantation style, 2 bedroom 1 bath home with a prime location In Kapaa's Commercial area with highway frontage and paved off street parking. Owner can apply for a commercial use permit to allow the existing single family residence to be converted into commercial use for various businesses. This subject property for sale is for unit # 2 CPR.  - Front CPR (unit 2) as a 2 bedroom 1 bath Potential Business Commercial use location. MLS # 709740.  - Back CPR unit 1 is Main 3bdrm/2ba residential home. Unit #1 is also for sale, MLS # 716636.  Information about unit 1: THREE Bedroom 2 Bath home (unit 1) that has room for you & guests with privacy to spare. Views of the ocean & stream right from the lanai, make this a relaxing home for everyone. Its split-level design includes a vaulted ceiling upstairs and many windows on the lower level. The upstairs, is where you will find the kitchen, living area, master bedroom (king size bed), lanai with hot tub. The living area is upgraded with ceramic tile, large widows & sliding glass doors that lead to the large lanai. The large master suite is private, has a king size bed, & is tastefully decorated. The downstairs has two bedrooms, bathroom and laundry room. Both bedrooms are tastefully furnished and have sliding glass doors that lead out to the yard and beach which is just steps away. One bedroom has a king size bed, the other has two double beds.   MLS #716636  Property has easy access.

04-1176 Kuhio Hwy Unit 1, KAPAA

Listing courtesy of eXp Realty.

$3,238,000

721953 MLS ⋅ ['Fee Simple'] Tenure

Exceptional opportunity to acquire a well-maintained, two-story commercial building currently under a True Triple Net (NNN) long-term lease with a single tenant. Encompassing approximately 11,996 square feet of ADA-compliant interior space, the building features an elevator, multiple private offices, conference rooms, and flexible-use spaces—some previously configured for residential use. Both floors include central reception areas, men’s and women’s restrooms, with showers located on the ground floor. A dedicated laundry room with washer/dryer hookups adds further utility. Offering a solid return on investment with a current annual cap rate of 6.78%, this property presents a rare chance for income-focused investors. The tenant pays all property taxes and maintenance costs, and the lease includes scheduled rent increases tied to the Honolulu annual CPI, ensuring a strong, inflation-adjusted income stream. Strategically located on Ululani Street directly across from the Hilo Police Department, this property is outside the Tsunami Evacuation Zone and offers a south-facing front entrance—a desirable attribute for those mindful of Feng Shui. The building’s design and history of use provide exceptional versatility. It has served as a residential medical treatment center, extended educational facility for the University of Hawaii, and temporary offices for County of Hawaii mayors. A new air conditioning system was installed in 2024, adding further value and comfort for current and future occupants. Secure, paved, off-street parking is included. Its downtown Hilo location offers convenience to government offices, legal centers, and medical facilities. Please do not disturb the tenant or access the property without authorization. No site visits permitted.

891 Ululani St, HILO

Listing courtesy of Pacific Image Properties.

$2,280,000

3 Baths ⋅ 721952 MLS ⋅ ['Fee Simple'] Tenure

Medical building with elevator, ADA accessible, reception area, conference room, doctor's offices. 6 examination rooms, staff room and kithen. Lots of parking on site and street. Built in 1995. CN-10 Zoned. Pictures were taken befor tenant move out.

126 Puuhonu Way, HILO

Listing courtesy of Pacific Image Properties.

$210,000

1 Baths ⋅ 720935 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property. Orchid Land Surfboards, a beloved fixture in the Big Island surf community for 53 years. Now, for the first time in its history, this beloved institution is being offered for sale. This well-established and locally loved retail business offers a prime bayfront location with high visibility, strong foot traffic, and easy access to parking and neighboring shops. The shop is well-positioned to capture tourist sales with minimal extra investment. The vibrant storefront features a curated selection of surfboards, boogie boards, beachwear, swimwear, accessories, and locally made goods, attracting both residents and visitors who appreciate Hawaii’s surf and beach culture. Orchid Land's original tees are worn with pride across the islands. Step inside and enjoy viewing the walls of memorabilia collected over the years. Founded and operated by Stan Lawrence, he refers to it as his museum. This is more than a business - it's a place people return to, year after year, for boards, gear and connection. Hilo welcomes weekly cruise ships with 2,000+ passengers, plus regular island visitors. Built-in marketing advantage: the shop’s daily surf report, broadcast seven times a day on four local radio stations, includes the store’s name in every update—providing valuable, no-cost exposure to thousands of listeners daily. The familiar voice of the legend himself is heard every day. Sale includes inventory, fixtures, branding, and established vendor relationships. Step right in and ride the wave of Hawaii’s year-round surf lifestyle. An exceptional opportunity for an owner-operator or investor looking to expand in Hawaii’s thriving lifestyle retail market. Untapped online sales potential. The shop is waiting for the right person to launch an online store. Don’t miss this rare chance to own an iconic piece of Big Island surf history. **This is a business sale only and does not include real property.**

262 Kamehameha Ave, HILO

Listing courtesy of Arabel L Camblor Realty.

$2,400,000

720800 MLS ⋅ ['Fee Simple'] Tenure

Waimea Canyon Plaza is an income-producing retail property offered for sale in Kekaha, on the island of Kauai, state of Hawaii. This offering consists of approximately 9,860 square feet of building area within two buildings on 37,026 square feet of fee simple land zoned C-N (Neighborhood Commercial). PROPERTY HIGHLIGHTS: -Income & *Owner-User Potential* -Two Buildings with *Solar* Savings -*Commercial Kitchen* -High Visibility *Corner* Parcel -Multiple Access Points -Zoning Flexibility -Significant Land Area with Parking -Gateway Location to Major Island Destinations

8171 Kekaha Rd, KEKAHA

Listing courtesy of Chaney, Brooks & Company, LLC.

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