E. KAWILI STREET MAKAALA STREET FOR SALE | INVESTMENT OPPORTUNITY IN HILO 17 E. MAKAALA ST & 340 E. KAWAILI ST · HILO, HAWAII 96720 HILO FISH HILO CANDY HILO PRODUCTS KENWORTH HAWAII
CA B
DRARE INVESTMENT OPPORTUNITY
Rarely available “fee simple” property in Hilo Industrial. Property consists of four (4) buildings ranging in size from 3,640 square feet to 15,740 square feet for a total of 31,480 square feet - situated on 67,414 square feet of land in the heart of Hilo town. There are a total of 10 tenants will leases expiring as far out at February 28, 2026. The property has been self-managed by the current owner and rents are well below market, offering a savvy investor huge upside on income. Don’t miss this opportunity to purchase fee simple income property that offers flexibility for an owner/investor.
This property is located within 5 minutes of the Hilo International Airport and 8 minutes from Hilo Harbor. Come be a part of the thriving Hilo businesses which include Hilo Products Inc., Hilo Fish Company, Hilo Candies and Kenworth Hawaii to name just a few.
17 E. MAKAALA STREET & 40 E. KAWAILI STREET ∙ HILO, HI 96720
3,640 SF INDUSTRIAL GROUP HAWAII 17 E MAKAA L A STREET & 40 E . K A W A ILI STREET ∙ HIL O , HI 9672 0 BUILDING A 1 UNIT: 6,100 SF BUILDING B 3 UNITS: 6,000 SF BUILDING C 1 UNIT: 3,640 SF
JAY K. ELICKER (B) CCIM, SIOR Senior Vice President ∙ RB 21204 808-218-8318 · jelicker@caahawaii.com SEAN DO (S) CCIM Vice President ∙ RS 75040 808-387-6903 · sdo@caahawaii.com KEVIN KO (S) Associate ∙ RS 82504 808-971-1986 · kko@caahawaii.com ©2020-2021 Commercial Asset Advisors. All information contained herein is obtained from sources deemed reliable. However, no representations or guarantees are made as to the accuracy thereof, and it is provided herein subject to errors, omissions, changes and withdrawals without notice. Offeror and/or his agent should confirm this information prior to making any offer. Buyer agrees that all negotiation shall be conducted through CAA only. No subagency is offered or intended. INDUSTRIAL GROUP HAWAII CURRENT
BLDG UNIT TENANT LEASEABLE LEASE AREA EXPIRATION A Bldg A Tenant 1 6,100 SF 10/31/24 B Unit 1 Tenant 2 2,100 SF 3/31/25 Unit 2 Tenant 3 1,940 SF 5/31/24 Unit 3 Tenant 4 1,960 SF 5/31/25 C Bldg C Tenant 1 3,640 SF 20 yrs w/termination Buildings A, B & C Total 15,740 SF D Office 1a Tenant 5 1,009 SF 4/30/25 Office 2b Tenant 5 861 SF Office 2a Vacant 1,009 SF Office 1b Tenant 6 861 SF 4/30/25 Bay 1 Tenant 7 1,500 SF 2/28/26 Bay 2 Tenant 8 1,500 SF 2/28/26 Bay 3 Tenant 1 1,500 SF 10/31/24 Bay 4 Tenant 9 1,500 SF 9/30/23 Bay 5 Tenant 9 1,500 SF Bay 6 Tenant 9 1,500 SF Bay 7 Tenant 10 1,500 SF 9/30/23 Bay 8 Tenant 10 1,500 SF Building D Total 15,740 SF TOTAL LEASEABLE AREA 31,480 SF
LEASE EXPIRATIONS
BUILDING D
