Ed Torrison
(808) 987-3215
Hilo Bay Realty LLC

243 Ululani St 96720
Interior Area:
1,440 sqft
Year Built:
Lot Size:
5,621 sqft
Land Tenure:
Fee Simple
Property Type:
Commercial Property
On Market:
Apr 17, 2020
Jul 06, 2020

Listing Remarks

CDH zoning is is the most desirable for its versitility, and is a rare find in Hilo! In attached Addenda, see the County Code for CDH: 25-7-20 for uses and restrictions. This 3/2, 1,440 sf downtown home with a peek-a-boo ocean view has undergone a complete makeover inside, and is ready for a myriad different uses: a home, rental, home/office or full office. Zoning allows for at least a quad plex to be built, something to consider for the investor with long term vision for cash flow. It was most recently a rental but evidence of prior uses was office and hair salon. The range, refrigerator, washer and dryer are only 2 years old. However, the rest of the inside is brand new: vinyl plank flooring throughout, tile in the entries, baths and utility room, oak cabinets in the kitchen, baths and utility room, marble vanity top in master bedroom, new paint in and out. While tax records show year built as 1910, effective year built of 1990 should be viewed. Unlike other homes in the vicinity, this is a double wall frame and it appears from the permit records that a previous owner had made major changes to the home to bring it up to date. A driveway with rock retainer walls was added to allow access to the back of the property where a carport or a small addition could be built, and gate for security. Tented in 12/19 with a 2 year warranty, and survey completed, map is available. A new roof in the middle section and attic fan helps to drive out the hot air. Some improvements were completed without a permit. To be sold As-Is. On lockbox easy to show.

Property Location

Public Reports

Other Details

Address: 243 Ululani St , Hilo Town 96720
Lat/Long: 19.72101545 | -155.08756819
Taxkey: 3230120290000
Lot Number: 29
Property Type: Commercial Property
Bedrooms: 3
Full Baths: 2
Living Area: 1,440 sqft
Land Area:
Oceanfront Parcel: N
Pool: N
Annual Tax: $3,308
Assessed Value: $309,200
Assessment Year: 2019
Zoning: CDH
Assessed Land Value: $112,400
Assessed Improvements Value: $69,000
Annual Tax (Year): 2015
Garage Area: 0 sqft
Car Storage:
  • Other(remarks)
  • Disposal
  • Microwave Hood
  • Refrigerator
  • Range/Oven
  • Wooden
  • Wire
Floor Covering:
  • Ceramic Tile
  • Laminate
  • County
  • Paved
TV Availability:
  • Cable
  • Dryer
  • Washer
  • Sewer-Connected
Window Coverings:
  • Blinds
The View:
  • Ocean