224 HAILI ST

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224 HAILI ST

Hilo, HI 96720
Asking Price
$1.65M
Asset Type
Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The office property spans 4,816 square feet of space.
  • Asking price for the commercial building is $1,650,000.
  • Located at 224 Haili St in Hilo, Hawaii.
  • Strategically positioned within the commercial center of Hilo.
  • Property is suitable for professional offices or medical clinics.

What's Special

Priced at $1,650,000, this 4,816 square foot office asset stands at 224 Haili St in Hilo, Hawaii. The property serves as a functional workspace within the primary urban center of the Big Island, a region defined by its role as a hub for government, professional services, and regional commerce. This location provides accessibility for businesses serving the Hilo community and surrounding districts, where the economy is supported by diverse sectors ranging from healthcare and education to administrative support services. Potential users may consider this building for professional office suites, medical or dental practice space, or administrative headquarters. Its positioning in Hilo places it near regional transit routes and the essential infrastructure required to support steady business operations. Investors and owner-occupants looking for a foothold in the East Hawaii commercial market will find this property offers a well-sized footprint suited for modern professional workflows.

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NOI
$80,000
Cap Rate
4.85%
DSCR
0.82
Underwater
Cash-on-Cash
-3.63%
Monthly Payment
$8,163.3
Annual Cash Flow
$-17,959.597

Location & Travel Times