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$1,300,000   Price Analysis
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55 Omao St
Hilo, HI 96720
4 bed 3 bath 17,606 SqFt ($73/SqFt)
0.77 acre lot. Built 1938
Listed 2024-05-01, Taxes $7,450
Ⓧ USDA Ineligible
due to price & location

near Hilo

Formerly known as the Club Shoyu Brewery

This unique property is zoned Residential RS-7.5, but the property class is Industrial. There are a total of seven buildings, however, one building is uninhabitable. Four buildings were used to manufacture and store the shoyu. One building is a 3 bedroom 1 bath upstairs apartment with a large storage area downstairs. The other is a separate one bedroom, one bath cottage. Perfect investment property tht could include multiple dwellings and/or another industrial-commercial use business. Enjoy the many conveniences of Hilo town that this location has to offer, including, but not limited to: hospitals, doctor's offices, schools, grocery stores, restaurants, ban ks, gas stations, hardware stores, police station, fire station, post office, as well as new residential and commercial developments being proposed on Ponohawai/Komohana Streets.

Buyer to verify with the County of Hawaii Planning Department as to possible permittable uses. The property is being sold AS IS. Although information provided herein is believed to be correct, Buyer and Buyer's Agent to conduct their own due diligence. Buyers and their agents urged to verify any information they deem material or important to their decision to purchase this property.


Presented by Jana Kaholoaa at
Kina'ole Realty.
Listing Agent Photo

Property MLS #709981 from HawaiiInformation

Bedrooms: 4

Total Bathrooms: 3.0
3/4 Bathrooms: 3

Lot Description: Dead End
Lot Size Acres: 0.7747934
Topography: Fairly Level
Lot Size Square Feet: 33750

Road Frontage Type: County, Paved

Parking Features: Covered

Annual Tax Amount: 8878.00
Source Listing Status: Active
Source Property Type: Single Family
Area: South Hilo
Source Neighborhood: PUUHONU TRACT
Subdivision: PUUHONU TRACT
Zoning: RS-7.5
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$268,600 + $427,700
$696,300
$7,450
2021$132,600 + $388,800
$521,400
$5,578
2020$146,900 + $388,800
$535,700
$5,731
2019$145,900 + $368,600
$514,500
$5,505
2018$144,900 + $351,000
$495,900
$5,306
2017$141,000 + $351,000
$492,000
$5,264
2016$132,500 + $351,000
$483,500
$4,859
2015$125,400 + $351,000
$476,400
$4,787
2014$125,100 + $283,500
$408,600
$4,106
2013$117,900 + $283,500
$401,400
$4,034
2012$117,900 + $283,500
$401,400
$3,652
2010$119,400 + $283,500
$402,900
$3,822
2009$125,300 + $297,000
$422,300
$3,800
2008$129,000 + $297,000
$426,000
$3,834
2007$105,800 + $270,000
$375,800
$3,382

Listed 2024-05-01
$1,300,000
HawaiiInformation
Listing removed 2024-01-02
$0
HawaiiInformation
Price Changed 2023-11-18
$1,750,000
HawaiiInformation
Listed 2023-06-15
$1,950,000
HawaiiInformation
Sold 1979-09-26
$80,000
Public Record

Total Square Feet Living: 17606
Year Built: 1938
Property Age: 86

Sewer: Cesspool
Phone Access: Land Line, Cell, Cable
Power: Overhead
TV Access: Cable
Water Source: Municipal

Hilo Intermediate School is a public middle school located approximately 0.7 miles away.
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Hilo High School is a public high school located approximately 0.7 miles away.
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Hilo Union Elementary School is a public elementary school located approximately 1 miles away.
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Mauna Loa School is a private elementary and middle school located approximately 1.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.