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$220,000
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.

$1,215,000
4 Baths 719531 MLS ['Leasehold'] Tenure
This is a leasehold property. Prime commercial property for sale (leasehold) on busy Kanoelehua Ave., just minutes to Hilo International Airport. The center is known as Lehua Center and includes four retail spaces totaling 5,992 sq. ft. of leasable area. Each space has it's own private restroom and is individually metered for electricity. There are 25 parking stalls. The land area is 21,050 sq. ft. and is zoned MCX-20. The original 60 year ground lease has approximately 44 years remaining with known ground rents until 8/31/29. The fee is not available, but there is a first right of refusal. The entire property is leased to a single tenant until September 30, 2027. That tenant in turn subleases the individual spaces. Lessor is responsible for building exterior repairs and common area maintenance. Lessee is responsible maintaining the interior spaces. Priced below 2023 appraisal. Please DO NOT disturb tenants. Offer subject to inspection.

750 Kanoelehua Ave Unit 4, HILO

Listing courtesy of Lau & Associates LLC.

$1,215,000
202503343 MLS LH - Leasehold Tenure
This is a leasehold property. Prime commercial property for sale (leasehold) on busy Kanoelehua Ave., just minutes to Hilo International Airport. The center is known as Lehua Center and includes four retail spaces totaling 5,992 sq. ft. of leasable area. Each space has it's own private restroom and is individually metered for electricity. There are 25 parking stalls. The land area is 21,050 sq. ft. and is zoned MCX-20. The original 60 year ground lease has approximately 44 years remaining with known ground rents until 8/31/29. The fee is not available, but there is a first right of refusal. The entire property is leased to a single tenant until September 30, 2027. That tenant in turn subleases the individual spaces. Lessor is responsible for building exterior repairs and common area maintenance. Lessee is responsible maintaining the interior spaces. Priced below 2023 appraisal. Please DO NOT disturb tenants. Offer subject to inspection.

750 Kanoelehua Avenue, Hilo

Listing courtesy of Lau & Associates, LLC.

$524,000
3 Beds 2 Baths 710356 MLS ['Leasehold'] Tenure
This is a leasehold property...with NO farming requirements! Incredible price adjustment for an amazing property! Live the true Big Island lifestyle in peaceful & culturally rich Honaunau on iconic Painted Church Road. Updated 3/2 home on 25,519sf w/ privacy, space & ocean air. 23+ years remaining on a financeable lease. Why this leasehold stands out: • Back on market due to Buyer contingency failure – NOT property condition • Lease rent is FIXED for the remaining 23+ years – rare long term rent stability • No escalating lease rent during the balance of the lease • Lease rent is less than or comparable to condo AOAO fees • Instead of shared walls & parking you get a full sized home & 35,000 sq ft of land • 18 year financing possible aligning with the remaining lease term • No farming obligations!!! Open concept living with beautiful bamboo flooring. Upgraded kitchen with granite counters, new stainless appliances & a full wall of custom pantry cabinets. Spacious primary suite with lanai access, walk in closet & beautifully finished bath. New vinyl windows, updated moulding, recessed lighting & ceiling fans create a light breezy feel. Fumigated in 2021 with substantial substructure replacement completed. Large laundry/flexible space. Expansive 600 sq ft lanai perfect for outdoor dining & relaxing. Tropical orchard includes ulu, lychee, papaya, jaboticaba, limes, longon, oranges, clementines, cherimoya, avocado, mango, coconut, coffee, soursop, black bamboo, jade, monkeypod & more. 20 panel owned PV on Net Metering. County water no catchment. Large shop, under home storage, fully fenced & gated yard plus even a zip line. Partially furnished for easy move in. Minutes to Puʻuhonua o Honaunau, Two Step snorkeling & Kealakekua Bay. Space, privacy, lifestyle

84-5085 Painted Church Rd, CAPTAIN COOK

Listing courtesy of Hawaii Estates LLC.

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