16-118 Li’ili’i Street
16-118 Li‘ili‘i Street presents a compelling opportunity for both owner-users and investors. The property is currently leased through the end of 2026, providing near-term income with flexibility for an extension for investors seeking continued cash flow. Alternatively, an owner-user can take advantage of the lease expiration to occupy the property and establish their business in a prime location within the growing commercial and industrial corridor of Kea’au within the Puna District on Hawaii Island, State of Hawaii.
The offering consists of two contiguous fee simple parcels totaling approximately 44,928 square feet of land, zoned MG-20 (General Industrial), together with approximately 8,000 square feet of industrial warehouse improvements. The property is fully fenced and gated, providing secure yard space and operational flexibility for industrial users.
The warehouse includes two roll-up loading doors, supporting efficient loading, storage, and distribution operations. The property is currently tenant-occupied, providing investors with immediate in-place income while offering owner-users the opportunity for future occupancy upon lease expiration.
The asset is strategically positioned to serve businesses operating throughout East Hawaii, including the nearby commercial center of Hilo.
Basic Facts
| Status: Open | Type: Industrial | Purchase Type: Fee Simple | Area: 8000 sq ft |
| Lot size: 1.03 acres | Year built: 1992 | Zoning: MG-20 |
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- 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
- (808) 544-1780
- aprovenzano@chaneybrooks.com
- https://proteamhi.com