Prop Type: Commercial/Industrial
Free Standing, Mixed Use, Neighborhood
Year Built: 1965
Hilo Community District zoned, outside of the tsumani zone, with good traffic. Located next to the Hilo Public Library, brick construction, perfect for Owner Users: 2 units vacant, so buyer could pursue HEDCO loan from the SBA (usually allowable with 50%+ occupancy) OR 1031 Exchangers: Park your funds and increase the income! Market rents ($2+) allow for a $67,200 NOI, or a 6.75% Cap rate return.