Hilo Town Real Estate

Welcome to Hilo Town, a vibrant and diverse community located in the heart of Hawaii. Nestled in the county of Hawaii, Hilo Town offers a unique blend of rich culture, stunning natural beauty, and a warm sense of community.

Known for its lush landscapes and breathtaking waterfalls, Hilo Town is a nature lover's paradise. Residents and visitors alike can explore the nearby Hawaii Volcanoes National Park, where they can witness the awe-inspiring power of active volcanoes and learn about the island's geological history.

In addition to its natural wonders, Hilo Town boasts a thriving arts and cultural scene. The town is home to a variety of galleries, museums, and theaters, showcasing the talents of local artists and performers. Visitors can also immerse themselves in the town's history by exploring its historic downtown area, which features charming shops, restaurants, and architecture.

With a strong sense of community and a welcoming atmosphere, Hilo Town is a place where neighbors become friends and visitors feel like family. Whether you're looking to settle down or just passing through, Hilo Town offers a unique and unforgettable experience that will leave you wanting more.

Newest Listings in Hilo Town

$1,300,000

7 Baths ⋅ 733721 MLS ⋅ ['Fee Simple'] Tenure

The Mamo Mart building at the corner of Mamo and Kinoole Streets offers prime retail and office spaces. Positioned near landmarks like the Hilo Farmers Market, this asset guarantees great visibility for local businesses. A standout feature for downtown is the building’s dedicated covered parking garage, providing maximum convenience for customers and tenants. Units feature flexible, open-concept floor plans in numerous sizes offering a wide range of customization. Mamo Mart has been a staple commercial property in the East Hawaii community.

311 Kinoole St, HILO

Listing courtesy of Ginoza Realty Inc.

$130,000

2 Baths ⋅ 734268 MLS ⋅ ['Fee Simple'] Tenure

This is a turnkey leasehold property. Only the business/restaurant is being sold, not real estate. Sale includes all equipment, stoves, refrigerator etc, except a few items that are leases, such as dishwasher. Owner/Seller completely remodeled/rebuilt this establishment when they took over the space.

194 Kilauea Ave, HILO

Listing courtesy of New eRealty.

$1,490,000

5 Beds ⋅ 7 Baths ⋅ 730891 MLS ⋅ ['Fee Simple'] Tenure

Big Island Inn with Certified Kitchen Positioned in the heart of Downtown Hilo, this exceptional commercial property offers a rare chance to own a distinctive and highly versatile building in one of the area’s most visible and accessible locations. With 3,882 square feet of thoughtfully designed interior space, the property blends professional functionality with a comfortable, welcoming environment. The flexible layout features a combination of private rooms and open collaborative areas, making it ideal for a wide range of uses. Whether you envision professional offices, wellness or therapeutic services, private consultation suites, coworking space, educational programs, or group workshops, the building can easily adapt to meet your needs. Complete with certified kitchen, the property also offers potential for use as a small inn or boutique hospitality concept, subject to appropriate approvals, providing an exciting opportunity for an owner-user to create a unique guest accommodation experience in the heart of Hilo. Many possibilities. Once operated as a B&B is walking distance to shops, restaurants, markets. The Lyman Museum is across the street. Whether you envision professional offices, wellness or therapeutic services, private consultation suites, coworking space, educational programs, or group workshops, the building can easily adapt to meet your needs.

239 Haili St, HILO

Listing courtesy of Coldwell Banker Island Properties - Kona.

$250,000

2 Baths ⋅ 731795 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property. Unique and spacious location overlooking Kalakaua Park in downtown Hilo. This space has been home to a successful restaurant for many years and now it's ready for your dream of running your own restaurant to come true. Space comes fully furnished along with full kitchen set up and equipment.

110 Kalakaua St, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$179,000

730234 MLS ⋅ ['Leasehold'] Tenure

This is a leasehold property. Turnkey cafe opportunity with extensive leasehold improvements already in place. Just the cafe is for sale and its improvements, the new owner would need to have their own business name and concept. The business Coffee Girl is not for sale. This stylish and well maintained cafe features a welcoming customer seating, upgraded tile flooring and counter, commercial cold kitchen, updated plumbing, and quality fixtures throughout. Designed for efficient daily operations, this space offers excellent workflow for coffee flow service, food preparation, and customer experience. The cafe is located in a high-visibility area with strong foot traffic and convenient access for both local and visitors. Leasehold improvements provide significant value for a new owner looking to step into an established setup without the cost of delays of a full build-out. Ideal for an owner-operator, coffee concept, bakery, brunch spot, or a specialty business gelato or ice cream. Sale includes leasehold leasehold improvements, furniture, fixtures, and equipment, creating a ready-to-operate opportunity with growth potential.

42 Waianuenue Ave, HILO

Listing courtesy of Coast Properties Ltd..

$1,650,000

7 Baths ⋅ 730008 MLS ⋅ ['Fee Simple'] Tenure

Two separate commercial buildings with high visibility and convenient central location just above downtown Hilo. First building is 1,840 sqft. with long term tenant (dental office)and the second building offers 2 additional units adding an additional 2,976 sqft. and is currently fully occupied. The property also includes the 16 stall parking lot which is a rarity in the downtown area.

224 Haili St, HILO

Listing courtesy of Coldwell Banker Island Properties - Hilo.

$814,000

729307 MLS ⋅ ['Fee Simple'] Tenure

High visibility corner location, entrance to historic downtown Hilo and adjacent to the Hilo Farmers Market and Shell gas station. High traffic corridor. Average Annual Daily Traffic count is 9,780 (D.O.T. 2024). Unique, meaning the only stand alone building on Kamehameha Ave in downtown Hilo with a gated, open lanai with expansive ocean and park views, perfect for a cafe or tourist activity service. In addition to rarity, a fenced rear lot for several parking stalls, food trailer, or outdoor storage. Located just across Kamehameha Ave. is Mooheau bandstand, bus station and park. Open Hilo bay views. In 2025, Hawaii DBEDT reported approximately 1.32 million visitors in the first 9 months to Hawai'i island. It is estimated that roughly 20-30% or 264,000 to 396,000 visited the downtown Hilo area. CDH- commercial downtown Hilo zone, one of the highest and dense use zoning allowed on the Hawai'i Island. Perfect for owner- user with mid- long term business model. Be a part of this thriving, waterfront, business community with this highly desirable opportunity! Sellers' Lender Financing Available, SMA zone

374 Kamehameha Ave, HILO

Listing courtesy of Hilo Farmers Market Realty LLC.

$210,000

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.

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Based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on . Information is deemed reliable but not guaranteed. Copyright: 2026 by HiCentral MLS, Ltd. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hilo Town Real Estate

Newest Listings in Hilo Town

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