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$789,000
6 Beds 5 Baths 721532 MLS ['Fee Simple'] Tenure
HUGE PRICE REDUCTION! Price reduced aggressively for a quick, as-is sale! Ocean-view 6-bedroom Hilo property with permitted attached ohana, multi-suite layout, and flexible income potential. Positioned above Hilo Bay, 16 Haaheo Rd offers expansive Hilo bay views from multiple rooms and lanais. The 6-bedroom, 4.5 bath configuration includes a primary suite with ocean-facing lanai and ensuite bath, plus a lower level featuring an additional suite and multiple bedrooms designed to accommodate extended living or rental arrangements. The attached ohana unit is permitted and includes a separate entrance, enhancing flexibility for multi-generational occupancy or income use. Previously operated as a licensed care home, the property’s bedroom count, multiple bathrooms, and accessibility-oriented layout provide a strong foundation for reactivation of care home use or conversion to hosted rental or bed-and-breakfast operation, subject to buyer verification of applicable requirements. Outdoor living areas include a covered lanai with kitchenette and established producing trees including avocado, rambutan, citrus, coconut, and calamansi. A structural engineer’s report addressing a compromised foundation and outlining recommended repair is available to prospective buyers who provide proof of ability to purchase. The repair scope has been evaluated. The key finding is that no major structural reconstruction is recommended. The prescribed remediation is focused on site regrading and improved water diversion, rather than significant foundation replacement/repair. Due to foundation condition, certain financing options may be limited. Property is sold as-is. Conveniently located within close proximity to downtown Hilo, the Hilo Farmers Market, medical facilities, shopping, Honoliʻi Beach Park, and more.

16 Haaheo Rd, HILO

Listing courtesy of EXIT Realty Island Living.

$700,000
4 Beds 2 Baths 721265 MLS ['Fee Simple'] Tenure
Conveniently located in a central Hilo location, approximately 1 mile from E B deSilva school and 1.2 mi from the Hilo Hospital. The home has undergone many recent renovations. There is new vinyl plank flooring throughout. The living room and 3 bedrooms had new vinyl windows installed in 2021. There are ac units in the bedrooms and kitchen area. The interior has a fresh coat of paint. The kitchen on the upper level has ocean views on a clear day. The refrigerator was recently replaced, also included are stainless steel dishwasher, range and farmhouse sink The cabinets, granite counters, island and light fixture were all part of the 2021 renovations. The hallway bath has newer fixtures, vanity, cabinets and granite counters..The generous sized master bedroom features a walk in closet and en-suite bathroom. Two additional bedrooms were added by prior owner without permits. The garage is home to the a new electric dryer, a newer washer in 2021 and an existing gas dryer. The exterior includes a back deck and outdoor entertaining area. The backyard was leveled and a retaining rock wall was built with chain link fencing on top. The home was outfitted with 40 photovoltaic panels and 3 Tesla batteries by Sunnova. This was owner purchased and the set up generates around $800./month in electricity. The note can be assumed for $600./month. The unit has a complete 25 year warranty, covering batteries and panels. Home is rented for 6 months commencing Sept 1, 2025. For more photos please visit: https://listing.hawaiirealtysolutions.com/ut/7_Luana_Way.html

7 Luana Way, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$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.

$190,000
1 Baths 718949 MLS ['Fee Simple'] Tenure Waiakea Villas BLDG.
Come see this well maintained studio unit featuring: * Cool trade winds * Facing North East and Waiakea Pond / Waialoa River State Recreation Area / Hilo Bay * Right below the lanai has pond and courtyard with Koi fish and wild life * Unit is on the ground floor. However the property is situated on a slope. Therefore it is considered a second floor unit with basement unit below. * Just 5 min to Hilo International Airport * Easy Access to: - Target, Walmart, Safeway, Home Depot, Longs Drug (CVS) - Starbucks, natural food supermarket and banks - Governmental Offices - Liliuokalani Park and Garden - Merrie Monarchi Festival Hall, Swimming Pool, Tennis courts, Gym, University of Hawaii and Imiloa Astoronomy Center - Hilo Medical Center and Urgent Care - Current month to month tenant rents for $1,200 monthly

400 Hualani St Unit 8283, HILO

Listing courtesy of COMPASS.

$145,000
716999 MLS ['Fee Simple'] Tenure
This 3,842 sq ft fairly level corner lot is ideally located in downtown Hilo, offering a rare opportunity to develop in a central, high-visibility area. The level terrain provides a practical foundation for construction, helping to streamline the building process. The property offers direct access to County utilities, which can significantly reduce upfront infrastructure costs. Zoning allows for potential additional uses, providing flexibility for a range of development options (buyer to verify). Its corner location enhances accessibility and exposure, making it well suited for investors, builders, or businesses seeking a strategic downtown presence. Conveniently located near shops, services, and major roadways, this lot presents an excellent opportunity to capitalize on continued growth and demand in the Hilo market. Buyer to verify zoning, permitted uses, variance needs and availability of utilities.

HILO

Listing courtesy of LUVA LLC.

$222,000
717796 MLS ['Fee Simple'] Tenure
You must see this lot to appreciate all the hard work the Sellers put in. Located in the much sought after E.B deSilva School district. This lot has already been cleared and semi prepped. House plans included with sale. House plans were designed by K.A.W Architects INC. A large (1493 living area) 2 bedroom 2 bath home with wheelchair accessible hallways and bathrooms/shower stall, walk in closets, laundry room, open kitchen, dining and living room, skylight, large covered lanai and porte-cochere. Water meter has been installed and paid for. Most of the footwork has been done, so make this one yours. There are red and yellow lehua trees, puakenikeni, anthurium's, tangelo, lemon, dwarf kau orange and numerous other plants to name. While all information is deemed reliable buyer and buyers agent are responsible for obtaining all pertinent facts.

435 Kaumana Dr, HILO

Listing courtesy of Green Sands Management & Sales LLC.

$450,000
2 Beds 3 Baths 669256 MLS ['Fee Simple'] Tenure
Fixer. Handicap Accessible Acorn stairlift to the second floor. Seller motivated. Cute 2 bed 2.5 bath home on large lot over a quarter acre, off an attractive paved circle road, with HELCO power and County water, in nice area of Hilo minutes to Prince Kuhio shopping Center, Puainako Center, Walmart, Target, Home Depot, Hilo Airport, Hilo Municipal Golf Course, Beach Parks, University of Hawaii at Hilo, and much more. Seller says this Home is a Hurricane Resistant Deltec Home and that when his family built the house in 1992 his father carefully chose the biggest, highest and best lot in the subdivision with the best views. Great convenient location just off main Highway. Bring your vision and upgrade this diamond in the rough. There are mature and young fruit trees in the yard, including naval orange, apple banana, Meyer lemon, tangerine, jabong (large aromatic citrus), Chatwell Avocado, Tahitian coconut, Passion Fruit aka Lilikoi as well as garden vegetables, berries and flowers. Per Seller approx 1,200 sqft open concrete slab under house is partially enclosed with a possibly unpermitted wall, storage area, and studio "unit" with separate entrance & toilet/shower. Seller states this home is constructed of Southern yellow pine and Cedar with an asphalt shingle roof that is ready to be replaced. With some TLC this might just be your ideal Big Island home in paradise. Distressed Property. Pre Foreclosure. Use Distressed Property Addendum.

126 Kinai Pl, HILO

Listing courtesy of Sherrill A Erickson dba HALE 414.