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Waiakea Village

$ 3,500,000.00

Waiakea Village Commercial Condos is made up of 32, 1 and 2-story, commercial condominium units located at 400 Hualani Street in Hilo, Hawaii. Originally developed in the 1970s as a resort, the property has since evolved into a diverse community hub featuring a distinct Hawaiian architectural style with charming hut-style cottages. The waterfront complex is bordered by the Waiakea Fish Pond and Wailoa State Park, offering stunning water views and lush surroundings.

The property boasts a serene atmosphere with koi-filled lagoons, waterfalls, and tropical landscaping that enhance its appeal. Ground floor, second floor, and multi-level units provide flexible spaces for businesses, while ample on-site parking ensures convenience for tenants and visitors alike.

Waiakea Village is strategically positioned in central Hilo, offering easy access to key destinations such as the University of Hawaii at Hilo, Hilo International Airport, and the famous Merrie Monarch Festival. The property is within walking distance to local shops, restaurants, grocery stores, banks, and the vibrant Hilo Farmers Market. Additionally, its proximity to Wailoa River State Recreation Area provides direct access to jogging paths, fishing spots, and picnic pavilions. With a prime location, tranquil setting, and strong visitor appeal, Waiakea Village presents an outstanding opportunity for investors and business owners seeking a versatile commercial space in the heart of Hilo.

Basic Facts

Status: Type: Purchase Type: Fee Simple Area: 94752 sq ft
Lot size: 5.08 acres Year built: 1973 Zoning: V-75

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Additional Resources

  • Fact Sheet

    • Anthony Provenzano

    • Executive Vice President

    Anthony Provenzano is an Executive Vice President with Cushman & Wakefield ChaneyBrooks, the oldest commercial real estate firm in Hawaii. Anthony is a top producer in the commercial real estate broker-age community and has earned several accolades for his success. Since Anthony joined Cushman & Wakefield ChaneyBrooks, he has consistently been the recipient of the Company’s #1 Broker of the Year award. With over 17 years of experience, he specializes in acquisitions and dispositions of commercial properties throughout the State of Hawaii. His in-depth knowledge of the Hawaii market has lead his clients to successfully complete transactions with a high level of certainty and confidence. Anthony has been successful in formulating strong relationships with owners, investors, developers and buyers of commercial real estate. His distinct expertise combined with his ability to clearly articulate market demands has lead him to represent a wide range of clients on an institutional, national and local level. Raised on Oahu, Anthony studied Finance with a focus on Real Estate at the University of Hawaii at Manoa Shidler College of Business. During his studies, Mr. Provenzano served on the Financial Management Association Board and continues his involvement as a mentor. Anthony holds a Hawaii Real Estate Broker’s license, as well as the Certified Commercial Investment Member (CCIM) designation where he previously served as Board President. He also recently was awarded his Society of Indus-trial And Office REALTORS® (SIOR) designation, a professional symbol of the highest level of knowledge, production and ethics in the real estate industry.

    • Licensed Real Estate Broker - State of Hawaii: RB-22101
    • Certified Commercial Investment Member (CCIM): Board Member, Past President (2017)
    • Society of Industrial and Office Realtors (SIOR): Member
    This listing is located in Hilo, and is currently offered by Cushman & Wakefield ChaneyBrooks.