Waiakea Village - 399 Hualani St | Landmark Redevelopment Opportunity in the Heart of Hilo

For Sale

399 Hualani St, Hilo, HI 96720

This Hilo property for sale is located at 399 Hualani St. The current listed sale price for Waiakea Village - 399 Hualani St | Landmark Redevelopment Opportunity in the Heart of Hilo is $3,200,000. Waiakea Village - 399 Hualani St | Landmark Redevelopment Opportunity in the Heart of Hilo is situated on a lot that is 5.08 acre in size.

Contacts

broker
Alika Cosner
broker
Patrick McGranahan

Property Details

  • Property Type Other
  • Lot Size 5.08 Acre
  • Date Updated Sep 9, 2025

Positioned along the serene shoreline of Waiakea Pond and just steps from the vibrant waterfront of Hilo Bay, 399 Hualani Street offers an exceptional chance to acquire a significant fee simple commercial property in East Hawai‘i’s urban core.

 

This prime site enjoys direct waterfront proximity, bordering Waiakea Pond and offering scenic views and immediate access to the bayfront’s pathways and recreation. It sits within easy walking distance of Historic Downtown Hilo’s shops, dining, cultural landmarks, and government services. The property is strategically positioned near Banyan Drive and Kamehameha Avenue, placing it at the center of Hilo’s hospitality and tourism corridor. Major community anchors—including Hilo International Airport, the University of Hawai‘i at Hilo, Hilo Medical Center, and the Port of Hilo—are just minutes away, enhancing the site’s appeal for a wide array of potential uses.

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Getting around

  • 50/100

    Walk Score ®

  • 51/100

    Bike Score ®

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Location

  • City Hilo, HI
  • Zip Code 96720

Points of Interest

  • Shell

    0.25 miles

  • Texaco

    0.62 miles

  • Aloha Petroleum

    0.62 miles

  • Ohana Fuels

    0.69 miles

  • Hele

    0.82 miles

  • HFN

    0.84 miles

  • 76

    0.92 miles

  • Staff and Visitor Parking

    0.95 miles

  • Student Parking

    1.10 miles

  • Trailer Parking

    1.35 miles

  • Commuter Parking

    1.99 miles

  • Cell Phone Lot

    2.01 miles

  • Employee Parking

    2.06 miles

  • Rental Car Return

    2.24 miles

  • Big Island Boutique Hostel

    0.34 miles

  • Pakalana Inn

    0.89 miles

  • SCP Hotel

    0.97 miles

  • Hilo Hawaiian Hotel

    1.08 miles

  • Big Island Backpacker Hostel

    1.18 miles

  • Reeds Bay Hotel

    1.19 miles

  • Hilo Bay Hostel

    1.22 miles

  • Grand Naniloa Hotel

    1.23 miles

  • Wild Ginger Hotel

    1.45 miles

  • Hilo Bay Oceanfront Bed and Breakfast

    1.49 miles

  • Hilo Shopping Center

    0.24 miles

  • Island Naturals Market and Deli

    0.25 miles

  • Kilauea Market

    0.27 miles

  • Manono Marketplace

    0.30 miles

  • Waiakea Kai Plaza

    0.81 miles

  • KTA Super Stores

    1.01 miles

  • Ross

    1.08 miles

  • Sack 'n Save

    1.12 miles

  • Waiakea Center

    1.18 miles

  • Walmart

    1.23 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Waiakea Village - 399 Hualani St | Landmark Redevelopment Opportunity in the Heart of Hilo
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