0 Kapiolani St Hilo, HI 96720

Commercial development site on Kapiolani Street near downtown Hilo. Over one-half acre with Hilo Bay and Coconut Island view planes. Commercial Downtown Hilo (CDH) zoning allows a number of options, including residential condominiums.

Prime location on Kapiolani Street between Ponahawai and Haili Streets, next to the Japanese Learning Center. Walking distance to downtown Hilo, Hilo Public Library, Federal Building, and Kalakaua Park.

This site is ready for immediate development. The Seller will work with the Buyer for transfer of the development project documents. The Condominium Property Regime (CPR) documents and the Underground Injection Control (UIC) permit have been processed & filed.

Seller will transfer development plans, architectural site plans, specifications and condominium documentation for a proposed 18 unit residential condominium. This proposed condominium would have two bedroom units with outstanding Pacific Ocean and Hilo Bay views. The architect who created the preliminary designs of the project may consider working with the buyer to continue through development construction. General contractors are available to begin construction. “Wrap-up” Insurance quotes for construction are available. Sewer access for this project, a critical development cost factor, is available on the property, and feeds down to Ululani Street.

Seller has spent a lot of time and money positioning this development site and is willing to work with buyer on transferring their work to the new owner. Site work completed by buyer includes extensive tree removal, site grading and driveway access work.

Complete information packet and details available to qualified buyers upon request.