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Kelly H. Moran, CCIM, CIPS, REALTOR
Kelly H. Moran, CCIM, CIPS, REALTOR
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From:

Offered by:
Hilo Brokers, Ltd

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891 Ululani Street
Hilo, HI 96720
MLS# 611607 ID: 49335471
11996 sq.ft.
$3,200,000
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Property Description
Immaculate Ululani Commercial Building Immaculate and spacious two-story currently leased commercial building with approximately 11,996 sf of ADA compliant interior space and an elevator. Great investment property with True Triple Net long term lease in place with one tenant. Lease includes step up rent schedule correlating to increase in annual CPI Honolulu. Tenant pays all property taxes and maintenance. Current cap rate at approximately 6.39%. Current tenant has long term lease. Located on Ululani Street across from Hilo Police Department, this property is outside the Tsunami Evacuation Area. South facing front entrance provides excellent Feng Shui. Please see the 3D virtual walkthrough of property - all photos of property were taken before property was occupied. This commercial building is ideal for a number of uses. Inside the building there are conference-style rooms as well as private office areas. Some of the rooms have previously been configured as residential living spaces. On each of the floors is a central reception area. There are men's and women's bathrooms on both floors. The downstairs bathrooms also have showers. There is a room designed for use as a laundry, with washer & dryer hookups. This building has a secured off-road paved parking lot. Due to the versatile building design, it is ideal for a variety of end users. It has been used as a residential medical treatment facility, and also as extended classroom and faculty space for the University of Hawaii. This building has also been used temporarily by County of Hawaii mayors in the past. The downtown location makes it convenient to downtown, medical facilities, and legal centers on the island. No site visits, do not disturb tenant or access property.
Property Features
Status
Last Updated January 5, 2018
Market Status Available
Description
Property Type Commercial
Year Built 1995
Approx. Lot Size .57 Acres
Sq. Feet 11996
Schools Near Property

Select a school from the list below to receive a free school report

School District Grades Type
Preschool-preschool Private
Hawaii Department Of Education Preschool-6 Public
Preschool-12 Private
Preschool-2 Private
Preschool-8 Private
Preschool-k Private
Preschool-k Private
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-12 Public
Hawaii Department Of Education Preschool-12 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-5 Public
Preschool-7 Private
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-12 Public
Preschool-7 Private
Preschool-8 Private
Preschool-k Private
Preschool-k Private
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-8 Public
Preschool-k Private
Hawaii Department Of Education Preschool-8 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-8 Public
Hawaii Department Of Education Preschool-5 Public
School District Grades Type
Hawaii Department Of Education Preschool-6 Public
Preschool-12 Private
Preschool-2 Private
Preschool-8 Private
Preschool-k Private
Preschool-k Private
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-12 Public
Hawaii Department Of Education Preschool-12 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-5 Public
Preschool-7 Private
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-12 Public
Preschool-7 Private
Preschool-8 Private
Preschool-k Private
Preschool-k Private
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-8 Public
Preschool-k Private
Hawaii Department Of Education Preschool-8 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-8 Public
Hawaii Department Of Education Preschool-5 Public
School District Grades Type
Hawaii Department Of Education Preschool-6 Public
Preschool-12 Private
Hawaii Department Of Education K-12 Public
Preschool-2 Private
Hawaii Department Of Education K-6 Public
Hawaii Department Of Education K-6 Public
Preschool-8 Private
Preschool-k Private
Hawaii Department Of Education K-12 Public
Preschool-k Private
K-12 Private
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education K-5 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education K-8 Public
Hawaii Department Of Education K-12 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-12 Public
Hawaii Department Of Education Preschool-12 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education K-12 Public
Hawaii Department Of Education K-8 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education Preschool-5 Public
K-8 Private
Preschool-7 Private
Hawaii Department Of Education K-8 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education K-12 Public
Hawaii Department Of Education Preschool-12 Public
Preschool-7 Private
Preschool-8 Private
Preschool-k Private
Preschool-k Private
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education K-8 Public
Hawaii Department Of Education Preschool-6 Public
Hawaii Department Of Education K-9 Public
Hawaii Department Of Education K-6 Public
K-12 Private
Hawaii Department Of Education Preschool-8 Public
Diocese Of Honolulu K-6 Catholic
Preschool-k Private
Hawaii Department Of Education Preschool-8 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-5 Public
Hawaii Department Of Education Preschool-8 Public
K-6 Private
Hawaii Department Of Education Preschool-5 Public
School District Grades Type
Preschool-12 Private
Hawaii Department Of Education K-12 Public
Preschool-8 Private
Hawaii Department Of Education K-12 Public
K-12 Private
Hawaii Department Of Education 7-8 Public
Hawaii Department Of Education 7-12 Public
Hawaii Department Of Education K-8 Public
Hawaii Department Of Education K-12 Public
Hawaii Department Of Education Preschool-12 Public
Hawaii Department Of Education Preschool-12 Public
Hawaii Department Of Education 7-12 Public
Hawaii Department Of Education K-12 Public
Hawaii Department Of Education K-8 Public
Hawaii Department Of Education 6-8 Public
Hawaii Department Of Education 6-8 Public
Hawaii Department Of Education 6-8 Public
K-8 Private
Preschool-7 Private
Hawaii Department Of Education K-8 Public
Hawaii Department Of Education 6-8 Public
Hawaii Department Of Education K-12 Public
Hawaii Department Of Education Preschool-12 Public
Preschool-7 Private
Preschool-8 Private
Hawaii Department Of Education K-8 Public
Hawaii Department Of Education K-9 Public
Hawaii Department Of Education 7-12 Public
K-12 Private
Hawaii Department Of Education Preschool-8 Public
Diocese Of Honolulu 7-12 Catholic
Hawaii Department Of Education Preschool-8 Public
Hawaii Department Of Education 6-8 Public
Hawaii Department Of Education Preschool-8 Public
Hawaii Department Of Education 6-8 Public
Hawaii Department Of Education 6-12 Public
School District Grades Type
Preschool-12 Private
Hawaii Department Of Education K-12 Public
Hawaii Department Of Education K-12 Public
K-12 Private
Hawaii Department Of Education 9-12 Public
Hawaii Department Of Education 7-12 Public
Hawaii Department Of Education K-12 Public
Hawaii Department Of Education Preschool-12 Public
Hawaii Department Of Education Preschool-12 Public
Hawaii Department Of Education 7-12 Public
Hawaii Department Of Education K-12 Public
Hawaii Department Of Education 9-12 Public
Hawaii Department Of Education 9-12 Public
Hawaii Department Of Education 9-12 Public
Hawaii Department Of Education 9-12 Public
Hawaii Department Of Education K-12 Public
Hawaii Department Of Education Preschool-12 Public
8-12 Private
Hawaii Department Of Education 7-12 Public
K-12 Private
Diocese Of Honolulu 7-12 Catholic
Hawaii Department Of Education 9-12 Public
Hawaii Department Of Education 6-12 Public
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Recent Sales Near Property
Address Beds Baths Price
1 1000 Komomala, Hilo, Hi 96720 2 2 $508,000
2 1028 Laulima, Hilo, Hi 96720 3 1 $395,500
3 1039 Laulima, Hilo, Hi 96720 3 2 $320,000
4 412 Puainako, Hilo, Hi 96720 3 2 $308,000
5 412 Puainako, Hilo, Hi 96720 3 2 $165,000
6 1063 Komohana, Hilo, Hi 96720 5 1 $242,000
7 809 Komomala, Hilo, Hi 96720 3 2 $277,700
8 92 Melani, Hilo, Hi 96720 2 2 $500,000
9 1126 Komohana, Hilo, Hi 96720 4 2 $214,000
10 1091 Apono, Hilo, Hi 96720 5 3 $617,100
Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
Receive a Free Community Profile
Quick Glance
Population 48,055
Population Growth 12%
Population Density 160
Median Age 39.9
Median Income $54,446
Households 17,148
Weather
Jan Low 63.44
Jan High 81.41
July Low 68.96
July High 87.18
Annual Precipitation (in.) 64.54
Weather Risk Index* 18
*Index score (100 = National Average) that represents the total risk
Hilo Demographics
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Hilo Housing Statistics
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Data on community demographics, schools and recent sales provided by OnBoard LLC Copyright © 2002 - 2012 OnBoard LLC. Information is deemed reliable but is not guaranteed.
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