$2,150,000
$2,300,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
42 Beds
32.5 Baths
12,946 SqFt
SOLD DATE : 04/05/2024
Key Details
Sold Price $2,150,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,946 sqft
Price per Sqft $166
Subdivision Hilo Town
MLS Listing ID 669030
Sold Date 04/05/24
Bedrooms 42
Full Baths 31
Half Baths 3
Year Built 1926
Annual Tax Amount $1,570
Lot Size 10,753 Sqft
Property Description
A great opportunity for income in historical downtown Hilo. The Lobin-Hung Building consists of 3 commercial units on the bottom, street level and an additional 39 living units. These living units range from studio, 1 bedroom and 2 bedroom residences which are located on both the lower and second level. Eight units on the lower level are considered community living as they share a total of 2 bathrooms between them. Also located on the lower level is a community, coin-operated laundry room.
This property is located close to everything and easily accessable on foot - shops, grocery stores, gas station, restaurants, library and the post office. Bay Front is literally a hop, skip and jump away.
Building is located within the tsunami evacuation zone.
Location
State HI
Area South Hilo
Zoning CDH
Exterior
Pool No
Waterfront N
Building
Sewer Sewer-Connected
Water County
Others
Acceptable Financing Cash
Listing Terms Cash
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