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

399 Hualani St, Hilo, HI 96720

Property Information

  • For Sale $3,200,000
  • Property Type Other
  • Lot Size 5.08 Acre
  • Date Updated May 21, 2026

Description

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.

Contacts

Alika Cosner
Patrick McGranahan

Location

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