072 Kapiolani St

Halai Tract / Hilo / 96720
072 Kapiolani St Luxury Real Estate

Rare investment and income property in downtown Hilo. Classic two-story building with ocean view built in 1939. Located outside of the tsunami zone. Building has 4 residential units (two studios, a 1-bedroom, and a 3-bedroom apartment), 5 retail office units on the street level, two restrooms for the commercial tenants, a laundry room for the residential tenants, and a parking area with space for about three vehicles. The building has been upgraded over the years including a new roof in 1999 and some electrical upgrades in 1998. Three of the four apartments were recently renovated and have an in-town 'flat' feel to them. There is a fantastic ocean view from the corner apartment. Three of the five commercial spaces have also been recently renovated.

The retails space are currently rented by a technology company, a hair stylist, a massage/acupuncture clinic, and two antique stores, one which has been in the building for 43 years.

Building is located on the corner of Kapiolani Street and Haili Street. Feel free to drive by - and please do not disturb the tenants.

Information deemed reliable however may contain inaccuracies and is provided without warranty or guarantee of any kind. Agents and buyers must independently verify any information they deem material or important to their purchase or offer price.

Living Area
5,138
Lot Size
5, 192 sqft
Year Built
1939
MLS #
296219
Land Tenure
Fee Simple
Subdivision
Halai Tract
Status
Active
Property Class
Multi-Family
City
Hilo
Bathrooms (Total)
4
Baths Full (Total)
4
Baths 1/4 (Total)
2
Bedrooms (Total)
6
District
South Hilo
Land Area
5192

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View
Ocean
Frontage
Road/Street
Appliances
Dishwasher, Refrigerator, Range/Oven, Range Hood
Assessed Value
282200
Assessment Year
2016
Vehicle Storage/Parking
Other (remarks)
Pre-Foreclosure/SS/REO
ST
Lava Zone
3
Lot Description - Land
Corner
Lot Number
2
Oceanfront Parcel
N
Power
Overhead
Roads
County, Paved
Wastewater
Sewer-Connected
Solid Waste Disposal (Trash)
Private Contractor
Subdivision
Halai Tract
Topography
Level
Water
Municipal
Zoning
RM-1

Listing courtesy of Faith LeLievre

Local Restaurants

Local dining favorites in Hilo, curated by Yelp.


Aloha Wellness Cafe

Categories: Cafes

Distance: 0.03 miles

Rating

1 review


Kozmic Cones

Categories: Hawaiian, Ice Cream & Frozen Yogurt

Distance: 0.15 miles

Rating

63 reviews


Yen's Cafe

Categories: Vietnamese, Chinese

Distance: 0.19 miles

Rating

43 reviews


Blane's Drive Inn

Categories: Hawaiian

Distance: 0.2 miles

Rating

34 reviews


L & L Drive Inn

Categories: Restaurants

Distance: 0.21 miles

Rating

11 reviews


McDonalds

Categories: Fast Food

Distance: 0.21 miles

Rating

11 reviews


Short n Sweet Bakery & Cafe

Categories: Cafes, Bakeries, Desserts

Distance: 0.21 miles

Rating

148 reviews


L & L Hawaiian BBQ

Categories: Barbeque, Comfort Food, Hawaiian

Distance: 0.21 miles

Rating

3 reviews


Jimmy's Drive Inn

Categories: Hawaiian, Japanese

Distance: 0.21 miles

Rating

28 reviews


Pho Viet

Categories: Vietnamese

Distance: 0.24 miles

Rating

156 reviews


Nearby Shopping

Local shopping favorites in Hilo, curated by Yelp.


Yamada Furniture

Categories: Furniture Stores

Distance: 0.19 miles

Rating

11 reviews


Irie Hawaii

Categories: Tobacco Shops, Vape Shops, Head Shops

Distance: 0.22 miles

Rating

3 reviews


Hawaiian Telcom

Categories: Mobile Phones, Internet Service Providers

Distance: 0.22 miles

Rating

3 reviews


Eyeland Eyedoc

Categories: Eyewear & Opticians, Optometrists, Laser Eye Surgery/Lasik

Distance: 0.24 miles

Rating

1 review


Big Island Smokes

Categories: Tobacco Shops

Distance: 0.25 miles

Rating

2 reviews


Mamo Traders

Categories: Hardware Stores

Distance: 0.25 miles

Rating

1 review


Forever BB

Categories: Women's Clothing, Jewelry, Accessories

Distance: 0.25 miles

Rating

1 review


Hilo Surplus Store

Categories: Outdoor Gear

Distance: 0.26 miles

Rating

6 reviews


Hawaii Photo Supply

Categories: Sports Wear, Photography Stores & Services

Distance: 0.27 miles

Rating

1 review


Phototronics

Categories: Photography Stores & Services

Distance: 0.27 miles

Rating

1 review


School Information

Great Schools

This compilation of local school websites is provided to assist you in your search to fulfill your child’s educational needs. This is not a complete list, nor should it be considered as a recommendation of any school.

Nearby Schools


Kaumana Elementary School

Type: Public

Level: PK-6 & Ungraded

District: Hawaii Department Of Education


Ernest Bowen Desilva Elementary School

Type: Public

Level: PK-6 & Ungraded

District: Hawaii Department Of Education


Hale Aloha Nazarene School

Type: Private

Level: PK-9

District:


Hilo High School

Type: Public

Level: 9-12 & Ungraded

District: Hawaii Department Of Education


Hilo Intermediate School

Type: Public

Level: 7-8 & Ungraded

District: Hawaii Department Of Education


Hilo Union Elementary School

Type: Public

Level: PK-6 & Ungraded

District: Hawaii Department Of Education


Mauna Loa School

Type: Private

Level: PK-8

District:


Haili Christian School

Type: Private

Level: PK-8

District:


Haaheo Elementary School

Type: Public

Level: PK-6 & Ungraded

District: Hawaii Department Of Education


Connections - New Century Public Charter School

Type: Charter

Level: PK-12 & Ungraded

District: Hawaii Department Of Education

See more information on Hilo schools from GreatSchools.org.

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$870,000


Bedrooms
6
Baths
4 (full)
Living Area
5,138
Lot Size
5, 192 sqft
Year Built
1939
MLS #
296219
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Agent
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Hilo
Hilo
Price Range:
$165,000 - $890,000
Average Price:
$380,000

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South Hilo
South Hilo
Price Range:
$165,000 - $2,950,000
Average Price:
$734,000

South Hilo description.

South Hilo Details
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