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

399 Hualani St, Hilo, HI 96720

  • For Sale $3,200,000
  • Property Type Other
  • Lot Size 5.08 Acre
  • Date Updated Aug 26, 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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Contacts

broker
Alika Cosner
broker
Patrick McGranahan

Location

Getting Around

  • Walk Score ®

    50/100 Car-Dependent
  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • 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

  • Cafe 100

    0.20 miles

  • Little Caesars

    0.22 miles

  • Kamana Kitchen

    0.26 miles

  • 365 Degree Cafe

    0.26 miles

  • Restaurant Miwa

    0.26 miles

  • Hawaiian Style Cafe

    0.27 miles

  • Happy Valley Seafood Restaurant

    0.29 miles

  • Tetsumen Ramen

    0.30 miles

  • Miyo’s

    0.34 miles

  • Takenoko Sushi

    0.35 miles

  • Chiefess Kapiolani Elementary School

    0.38 miles

  • St. Joseph Elementary School

    0.60 miles

  • St. Joseph High School

    0.67 miles

  • University of Hawaii - Hilo Manono Campus

    0.72 miles

  • Mauna Loa School

    1.04 miles

  • Waiākea High School

    1.08 miles

  • University of Hawaiʻi - Hilo Main Campus

    1.13 miles

  • College of Hawaiian Languages

    1.22 miles

  • Waiākea Intermediate School

    1.23 miles

  • Waiākea Elementary School

    1.23 miles

  • St. Joseph Preschool

    0.64 miles

  • Hilo Day Care Activity Center

    2.17 miles

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