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.