$899,000
UNDER CONTRACT

101 Hilo Lagoon Center Unit RESTAURANT Hilo, HI 96720

Estimated payment $13,299/month

Total Views 16
1 Bed
2 Baths
6,685 Sq Ft
$134 Price per Sq Ft

Highlights

  • In Ground Pool
  • Security Guard
  • Level Lot
  • Solar Power System
  • Closed Circuit Camera
  • 2-minute walk to Wailoa River State Park

About This Home

Versatile Ground-Floor Commercial Space CG-7.5 – Ideal to reconfigure for offices, or Event Use & more.

A rare offering in the heart of Hilo: 4 units with a combined space of approx. 6,685 sq ft -floor space at the Hilo Lagoon Centre. Currently used as a large church & formerly a restaurant & bar, this renovated space offers unmatched flexibility, making it ideal for reconfiguration into offices, community services, or a large public event venue.

Included Units:

Suite 146 – 3,963 sq ft (central area) with wet bar + Large exterior lanai's (2)

Suite 147 – 1,954 sq ft

Suite 152 – 675 sq ft

Suite 166 – 293 sq ft

Designed to support high-capacity use, the layout features private offices, conference/flex rooms, a wet bar, storage, children’s area, & sleeping quarters—easily adaptable for administrative use or public gatherings. Also included: two restrooms (men’s/women’s), two exterior balconies with waterfall views, private exterior stairs, plus elevator & interior stair access.

Includes 15 parking stalls: 5 assigned, covered stalls (Stalls 98–101) & 10 open, floating stalls.
The main room is accessible from either front via elevator or stairs, & a large double back door.

CAM covers air conditioning, electricity, gas, water, sewer, trash removal, building reserves, management, pool, landscaped grounds, & on-site security—providing cost-efficient operations.

Highly accessible & centrally located, this move-in-ready space is ideal for government agencies, community organizations, or as a multi-use event space for public or private functions.

~E Komo Mai (Welcome & Come On By)~
The information herein, while deemed reliable, may contain inaccuracies or be incorrect & is provided without warranty or guarantee of any kind. Buyer & buyer's agent to perform due diligence and investigate & confirm all pertinent & material facts. Sold As-Is. There are no guarantees or warranties.

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Listing Agent

Gina Chun

Hara Chun Realty, LLC Brokerage Phone: 8089363297 License #RB-20817 Listed on: 08/05/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $200

Year Built

  • Built in 1971

HOA Fees

  • $8,534 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 6,685 Sq Ft Home
  • Carpet
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Utilities

  • Internet Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Power System
  • In Ground Pool
  • Property fronts a county road

Listing and Financial Details

  • Assessor Parcel Number 3220140100031

Community Details

Overview

  • Hilo Lagoon Centre Community

Pet Policy

  • Pets Allowed

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$200

Year Built

Built in 1971

Lot Details

0

HOA Fees

$8,534 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Condominium
  • ResoSecurityFeatures: Closed Circuit Camera(s), Security Guard
  • Attribution Contact: 8089363297
  • Co List Office Phone: 8089363297
  • Ownership: CPR
  • MLS Status: C
  • Living Area: 6685.0
  • Property Attached Yn: Yes
  • Year Built: 1971
  • Tax Year: 2024
  • Power Production Type: Photovoltaics
  • HIS_PoolYN: Yes
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: Included with Maintenance Fees
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_InternetAccess: Cable, DSL
  • Special Features: 4224
  • Property Sub Type: Condos

Interior Features

  • Appliances: Other
  • Total Bedrooms: 1
  • Full Bathrooms: 2
  • Flooring: Carpet
  • Total Bathrooms: 2

Exterior Features

  • Topography: Fairly Level
  • View: Other, Waterfall
  • Pool Features: In Ground, Outdoor Pool
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Assigned, Other

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected

Condo/Co-op/Association

  • Association Fee: 8534.42
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Project: HILO LAGOON CENTRE

Lot Info

  • Zoning: CG-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3220140100031

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 200.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $899,000 0.0% $134 / Sq Ft
08/05/2025 08/05/25 For Sale $899,000 -- $134 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 721068

Hawaii Information Service (MLS Hawaii)