$800,000

55 Omao St Hilo, HI 96720

Estimated payment $5,160/month

Total Views 43,975
4 Beds
3 Baths
17,606 Sq Ft
$45 Price per Sq Ft

Highlights

  • Tankless Water Heater
  • 1-Story Property
  • 1-minute walk to Pe'e Pe'e Falls
  • Level Lot

About This Home

This unique property, formerly known as Club Shoyu Brewery, offers incredible potential for the right buyer. Located in a prime area of Hilo, the property consists of multiple structures, each with its own character and possibilities. While it is in need of TLC, the vast space and diverse buildings provide an excellent opportunity for redevelopment, renovation, or creative repurposing. Whether you're looking to restore the property to its former glory or explore residential options, the possibilities are endless.

Don’t miss out on this rare opportunity to own a piece of Hilo's history and turn it into something extraordinary!

(3 pre-existing lots of record.)

Information herein deemed reliable but not guaranteed. Buyer and Buyers Agent to do their own due diligence of all pertinent facts.

Listing Agent

Hank Correa

Better Homes and Gardens Real Estate Hank Correa Realty Brokerage Phone: 8089602626 License #RB-16506 Listed on: 01/20/2025

Co-Listing Agent

Jonathan Correa

Better Homes and Gardens Real Estate Hank Correa Realty Brokerage Phone: 8089602626 License #RS-80306

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,905

Year Built

  • Built in 1938

Lot Details

  • Property fronts a county road
  • Level Lot
  • Property is zoned RS-7.5

Parking

  • Covered Parking

Interior Spaces

  • 17,606 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • No Cooling
  • No Heating
  • Tankless Water Heater
  • Cesspool

Community Details

  • Puuhonu Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3230340560000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,905

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub-Type: Single Family Residence
  • Co List Office Mls Id: 2002
  • Co List Office Phone: 8089613300
  • Attribution Contact: 8089602626
  • Co List Office Phone: 8089613300
  • Ownership: Full
  • MLS Status: A
  • Subdivision Name: PUUHONU TRACT
  • Unit Levels: One, Two
  • Living Area: 17606.0
  • Property Attached Yn: No
  • Year Built: 1938
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • HIS_WaterHeater: Tankless
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 3
  • Stories: 1
  • Total Bathrooms: 3

Exterior Features

  • Topography: Fairly Level
  • Waterfront: No
  • Roads: County, Paved

Garage/Parking

  • Parking Features: Covered, None

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Cesspool
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: RS-7.5
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3230340560000

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 8904.54

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,905 $834,800 $561,300 $273,500
2024 $8,905 $832,200 $561,300 $270,900
2023 $8,880 $829,900 $561,300 $268,600
2022 $7,450 $696,300 $427,700 $268,600
2021 $5,579 $521,400 $388,800 $132,600
2020 $5,732 $535,700 $388,800 $146,900
2019 $5,505 $514,500 $368,600 $145,900
2018 $5,306 $495,900 $351,000 $144,900
2017 $5,264 $492,000 $351,000 $141,000
2016 $4,859 $483,500 $351,000 $132,500
2015 -- $476,400 $351,000 $125,400
2014 -- $408,600 $283,500 $125,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 For Sale $800,000 -- $45 / Sq Ft
Source: Hawaii Information Service (MLS Hawaii)

Similar Homes in Hilo, HI

  • 708 Kukuau St, Hilo, HI 96720

    $815,000

    • 3 Beds
    • 2 Baths
    • 2,065 Sq Ft
    • 708 Kukuau St
    • Hilo, HI

    Discover the charm and comfort of island living in this beautifully appointed 3-bedroom, 2-bathroom home nestled in the desirable Sunrise Ridge Estates. With over 2,000 sq ft of thoughtfully designed living space, this residence offers the perfect blend of elegance, function, and aloha spirit.Step inside to find ceramic tile flooring that flows seamlessly throughout, complemented by

    Brendan Alcisto KW Big Island

    Section Image
  • 2427 Kaiwiki Rd, Hilo, HI 96720

    $995,000

    • 4 Beds
    • 3 Baths
    • 2,698 Sq Ft
    • 2427 Kaiwiki Rd
    • Hilo, HI

    Spacious, Stylish, and Move-In Ready! This beautifully updated home offers the perfect blend of modern comfort and generous space—ideal for large families, remote workers, or hobbyists who need room to spread out. Upstairs, you’ll fall in love with the stunning new kitchen, featuring bold cobalt blue cabinets, butcher block countertops, and sleek black accents. Outfitted with all-new

    Denise Nakanishi Real Broker LLC

    Section Image
  • 25-35 Ua Nahele St, Hilo, HI 96720

    $849,000

    • 3 Beds
    • 2 Baths
    • 1,770 Sq Ft
    • 25-35 Ua Nahele St
    • Hilo, HI

    Step into this exquisite home through a covered entryway, where a mature garden welcomes you with exotic flora, including Phoenix pygmy & Manila palms, Australian grass, & lovely ‘Ohi‘a trees. This one-of-a-kind home blends classic craftsmanship with modern sophistication, nestled in the desirable Up Country subdivision of Kaumana City—just minutes from the heart of Hilo.The expansive living

    Lisa Heaviside Hawaii Life

    Section Image
  • 48 Ekaha St, Hilo, HI 96720

    $650,000

    • 4 Beds
    • 2 Baths
    • 2,008 Sq Ft
    • 48 Ekaha St
    • Hilo, HI

    Priced to Sell! Welcome to this charming 4-bedroom, 2-bathroom home in a prime Hilo location, close to Hilo Hospital, UH Hilo, and the vibrant Bay Front area. Whether you're a homeowner or investor, this property offers convenience and potential.Its proximity to Hilo Hospital is perfect for healthcare professionals or those seeking easy access to medical services. UH Hilo is just a short

    Benjamin Tabios Hawaii Equity Management LLC

    Section Image
  • 726 Waianuenue Ave, Hilo, HI 96720

    $624,900

    • 4 Beds
    • 3 Baths
    • 1,816 Sq Ft
    • 726 Waianuenue Ave
    • Hilo, HI

    Hilo Town Tropical Tranquil Retreat. What may look like an ordinary house from the front, is anything but ordinary - it has a secret...or two... At the end of its driveway you will find the unassuming two story home. The exterior is what you would expect: well built with covered parking and a welcoming entry lanai that is surrounded by attractive tropical landscaping. Step inside and you will

    Rochelle Augustin Beck KW Big Island

    Section Image
  • 378 Kahikini St, Hilo, HI 96720

    $989,000

    • 3 Beds
    • 2.5 Baths
    • 2,284 Sq Ft
    • 378 Kahikini St
    • Hilo, HI

    Nestled on an elevated lot, this meticulously maintained home exudes elegance and charm. The thoughtfully designed landscaping and architectural details set this property apart, offering a sense of grandeur from the moment you arrive.Koa pillars frame the entrance, guiding you through double glass French doors into a foyer adorned with Travertine tiles. The raised living room, bathed in

    Jeffrey Samuels Jeffrey Samuels Realty

    Section Image
  • 654 Kukuau St, Hilo, HI 96720

    $769,900

    • 5 Beds
    • 3 Baths
    • 2,590 Sq Ft
    • 654 Kukuau St
    • Hilo, HI

    Newly renovated, 5 bedroom, 3 bath Hilo home with ocean views now available. Situated on a 10,645 sf grassy lot. Rock walls and vinyl fencing.Renovations include:- New roof- New vinyl gutters- New interior & exterior paint- New luxury vinyl plank flooring and baseboards throughout- New kitchen appliances (refrigerator, range/oven, dishwasher, microwave, garbage

    Keisha Johnson Savio Realty Ltd. - Hilo Office

    Section Image
  • 433 Kaanini St, Hilo, HI 96720

    $859,000

    • 4 Beds
    • 4 Baths
    • 1,603 Sq Ft
    • 433 Kaanini St
    • Hilo, HI

    Location! Location! Location! A "MUST SEE" schedule your viewings today!!! Come check out this classic, custom built 2-story 4b/3b home with Solar PV system, a Vivint Security system, Fiber Optic Internet service, Air Conditioning, Instant water heater and a Pest control treatment service with Terminix. All amenities can be transferred to the new lucky owner. The roof has been rehabbed and

    Sharuga Kamakea Hawaii Real Estate Brokers LLC

    Section Image
  • 14 Waiau St, Hilo, HI 96720

    $1,000,000

    • 4 Beds
    • 2 Baths
    • 2,402 Sq Ft
    • 14 Waiau St
    • Hilo, HI

    Up Waianuenue, just above Hilo Medical Center, in the Piihonua neighborhood, discover this gracious older home, a 2 story, 4 bedroom, 2 full and 2 half bath home, with 2,402 sf of living area, on a 26,946 sf lot. Sale includes a second adjacent parcel TMK 3-2-3-31-15, with 13,074 sf, for total of 40,020 sf.The home's first floor includes the living room with its east facing wall of

    Julie Hugo Aloha Sotheby's International Realty Inc.

    Section Image

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 717171

Hawaii Information Service (MLS Hawaii)

APN: 3-2-3-034-056-0000