This is a historic building/combo located in a prime location in Down Town Hilo. There are three units altogether. The front/historic building is currently leased to retail stores, the back building has potential to be turned into a 19 bedroom inn/co-workspace. The third is a residential unit. See more details in the last paragraph.
I am a teacher born and raised here in the islands with significant background and work experience in the hospitality and travel industries. My mother owns a commercial store across the street from this building and we have watched over the past 16 years how historic buildings such as this, if used well, can truly bring life to the community and town.
I am looking for funding to help with the downpayment for this commercial property. I believe I have the skillset to renovate/manage and bring this building back to life with various avenues for potential income.
Thank you for your consideration and would love to have a chance to further explore any potential funding options.
https://www.crexi.com/properties/1039956/hawaii-280-keawe-street"3 separate building located in the heart of downtown Hilo with approximately 10,044 sq. ft. of leasable space. Front (Keawe St.) building has 2 retail units on the lower level that are currently leased. The 2nd floor has a huge area space that would be excellent for a dance studio or party gathering. It comes with soaring ceiling with beautiful crown moldings and has a separate kitchen. The back corner building has a 2-story apartment building that comes with 19 separate bedrooms with common area kitchen and 2 bathrooms that is currently vacant. It is a fixer upper but has huge upside potential. The 3rd building on the property is a 2-bedroom 1 bath dwelling that is currently leased"