SOLD 03/19/2021
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Commercial sold for $2,200,000 in 105 days
308 Kamehameha Ave 308 Kamehameha Ave, Hilo, HI, 96720
Neighborhood: Downtown HiloOff the market Commercial/Industrial
Landmark Historic Building that has been beautifully renovated. First Floor space suited for retail while second floor spaces are built out for office. Zoned CDH which allows for HOTEL USAGE. Located in a FEDERAL OPPORTUNITY ZONE. (Benefits Include: Temporary Tax Deferral, Step-Up in Basis, and Permanent Exclusion form Taxable Income of Capital Gains - see DBEDT Brochure). Central AC & Elevator
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Property details
1912 year built
Price per sqft
$86/sqft
Address
308 Kamehameha Ave, Hilo, HI, 96720
City of Hawaii
Hilo
Island
Big Island
Year Built
1912
Frontage
Main Street
Land tenure
FS - Fee Simple
Gross Income
427428.00
Neighborhood
Downtown Hilo
District
S. Hilo
Nearby major retailers
Foodland
Supermarket: 1
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Interior Features
Wood floors
Roof
Composition, Other
Property Condition
Above Average
Floor Covering
Wood
Easements
Other
Documents Available
Lease Documents, P&L, Survey, Title Search
Garage & Parking
None
Utilities Included
Light Electricity, Small Water Meter
Amenities
Private Restroom
Listed by
Alan J Christopher, CBI Residential Services Inc
Name
Alan J Christopher
License number
RB-20664
Brokerage company
CBI Residential Services Inc
MLS #
202031739
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Calculate your monthly payments
Mortgage
$6,755
Taxes
$1,786
HOA dues
$0
Mortgage
$440,000 / 20%
2.28%
30 years
Your amount
$6,755 / month
Exterior Features
Metal Frame, Other, Wood Frame construction and more
Construction
Metal Frame, Other, Wood Frame
Lot details
TMK #3230080160000
Parcel nr.
3230080160000
Downtown Hilo neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
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no data
People living in Downtown Hilo
31%
Families with children
National average: 39%
29%
Non family households
96,599
Population
$87,257
Average Income
Age & gender
Median age 42 years
More info
Commute types
86% commute by car
More info
Education level
28% have high school education
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Number of employees
14% work in education and healthcare
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Vehicles available
34% have 2 vehicle
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Vehicles by gender
34% have 2 vehicle
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Housing market insights for 308 Kamehameha Ave
$900k
Neighborhood average
sales price*
sales price*
$900k
Neighborhood median
sales price*
sales price*
1
Number
of sales*
of sales*
Housing type
79% are single detacheds
More info
Rooms
39% of the houses have 4 or 5 rooms
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Bedrooms
68% have 2 or 3 bedrooms
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Owners vs Renters
66% are owners
More info
11.67 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Mar 19, 2021
Downtown Hilo Median sales price 2021
| Bedrooms | Med. price | % of listings |
|---|---|---|
| No data for selected period | ||
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Mar 19, 2021 | Sold | $2,200,000 | 86.16 | Public Record |
| Mar 19, 2021 | Price Decrease | $2,200,000 -23.61% | 86.16 | MLS #202031739 |
| Mar 3, 2021 | Pending | $2,880,000 | 112.79 | MLS #202031739 |
| Dec 7, 2020 | New Listing | $2,880,000 | 112.79 | MLS #202031739 |
Taxes of 308 Kamehameha Ave, Hilo, HI, 96720
34 - BMX-4 Central Business Mix zoning / MLS #202031739
Current Property Taxes p/month
$1,786
Assessed Improvement value
$1,723,200
Assessed Land value
$233,500
Land Recorded
Land Court
Zoning
34 - BMX-4 Central Business Mix
Flood Zone
Zone VE
Total Assessed value
$1,956,700
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2020 | $21,435 | MLS #202031739 |
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
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Frequently Asked Questions about 308 Kamehameha Ave
What is 308 Kamehameha Ave?
308 Kamehameha Ave is a Exclusive Rights Commercial/Industrial property.
What is the rental income?
-
What is the full address of this Commercial?
308 Kamehameha Ave, Hilo, HI, 96720.
What comparable properties are nearby?
Comparable nearby commercial properties include 1039 11th Ave, 1638 10th Ave, Address undisclosed, 3112 Mokihana St, 3007 Lincoln Ave, 821 Olokele Ave.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of CBI Residential Services Inc.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.
Listing last updated: Mar 19, 2021
Verhouse Last checked 4 minutes ago
The closest grocery stores are KTA Super Stores Downtown Hilo, 0.07 miles away and Sack n save, 0.22 miles away.
The Downtown Hilo neighborhood has a population of 96,599, and 31% of the families have children. The median age is 42.19 years and 86% commute by car. The most popular housing type is "single detached" and 66% is owner.