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A Rare High-Volume Asset in East Hawaii's Tightest Commercial Submarket.
144 Kamehameha Avenue
List Price: $1,775,000 Building SF:18,081 SF Land Area:14,087 SF Zoning: CDH

Positioned at the corner of Kamehameha Avenue and Kalakaua Street — directly across from Hilo Bayfront — 144 Kamehameha is one of the largest contiguous commercial footprints available in the CDH Downtown-Hilo Commercial District.
The combination of a flagship retail presence on Kamehameha, a high-clearance warehouse zone, and a full-footprint concrete basement creates a logistics and retail envelope that simply isn't replicated in the current market. Priced at $1,775,000 — $105,000 below its most recent independent MAI-certified appraisal.



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Priced Below Independent Appraisal
The most recent appraisal (Dec 12, 2024 · Hussey Appraisal Group, MAI) concluded a market value of $1,880,000. Three consecutive MAI-certified appraisals on file: $1.95M (2022), $1.84M (2023), $1.88M (2024). Phase I & Phase II Environmental Site Assessments completed.

SOLD
3/2 with big lanai. All the upgrades have been completed so you can move in and enjoy. Quiet and in a desirable location.
$799,000 (FS) | HOA: $1,055.44 | HOA fee is reduced 30% on 1/1/26
Enjoy sunset and ocean views. This home gives you the convenience of a condo, but the privacy of a single-family home.
Sellers chose this condo because of the quiet and the upgrades to the unit.
Highlights of Upgrades:
❖ beautiful cherry cabinets in the kitchen and bathrooms
❖ granite countertops in the kitchen and bath. Large sit at bar to serve and eat meals.
❖ stainless steel appliances
❖ split AC units in living room and main bedroom
❖ ceiling fans
❖ Golden Koa vinyl plank flooring
❖ Quartzite tile in the showers
❖ artificial turf in the yard for easy maintenance.
Current Sellers Upgrades:
~removed the carpet in the master bedroom and installed vinyl plank flooring
~installed new AC
~new microwave
~new range/oven
~brand new designer plantation shutters (install is in September).
Monthly maintenance fees include:
water, common area landscaping ,road maintenance, trash, roof, maintenance of exterior, trash pickup and others















