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$1,490,000
5 Beds ⋅ 7 Baths ⋅ 730891 MLS ⋅ ['Fee Simple'] Tenure
Big Island Inn with Certified Kitchen Positioned in the heart of Downtown Hilo, this exceptional commercial property offers a rare chance to own a distinctive and highly versatile building in one of the area’s most visible and accessible locations. With 3,882 square feet of thoughtfully designed interior space, the property blends professional functionality with a comfortable, welcoming environment. The flexible layout features a combination of private rooms and open collaborative areas, making it ideal for a wide range of uses. Whether you envision professional offices, wellness or therapeutic services, private consultation suites, coworking space, educational programs, or group workshops, the building can easily adapt to meet your needs. Complete with certified kitchen, the property also offers potential for use as a small inn or boutique hospitality concept, subject to appropriate approvals, providing an exciting opportunity for an owner-user to create a unique guest accommodation experience in the heart of Hilo. Many possibilities. Once operated as a B&B is walking distance to shops, restaurants, markets. The Lyman Museum is across the street. Whether you envision professional offices, wellness or therapeutic services, private consultation suites, coworking space, educational programs, or group workshops, the building can easily adapt to meet your needs.

239 Haili St, HILO

Listing courtesy of Coldwell Banker Island Properties - Kona.

$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.

$839,000
729307 MLS ⋅ ['Fee Simple'] Tenure
High visibility corner location, entrance to historic downtown Hilo and adjacent to the Hilo Farmers Market and Shell gas station. High traffic corridor. Average Annual Daily Traffic count is 9,780 (D.O.T. 2024). Unique, meaning the only stand alone building on Kamehameha Ave in downtown Hilo with a gated, open lanai with expansive ocean and park views, perfect for a cafe or tourist activity service. In addition to rarity, a fenced rear lot for several parking stalls, food trailer, or outdoor storage. Located just across Kamehameha Ave. is Mooheau bandstand, bus station and park. Open Hilo bay views. In 2025, Hawaii DBEDT reported approximately 1.32 million visitors in the first 9 months to Hawai'i island. It is estimated that roughly 20-30% or 264,000 to 396,000 visited the downtown Hilo area. CDH- commercial downtown Hilo zone, one of the highest and dense use zoning allowed on the Hawai'i Island. Perfect for owner- user with mid- long term business model. Be a part of this thriving, waterfront, business community with this highly desirable opportunity! Sellers' Lender Financing Available, SMA zone

374 Kamehameha Ave, HILO

Listing courtesy of Hilo Farmers Market Realty LLC.

Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.