291 Wainaku St LOT B-1, Hilo, HI 96720

Rare Riverfront Property Opportunity in Hilo Discover a unique opportunity to develop a private retreat or a distinctive business space on the Big Island. This flag lot, offering 13,699 sq. ft. within a one-acre, three-lot subdivision, in a RM 10 Zoning for multi-dwelling use, provides exceptional privacy as a rear lot with a private driveway. Enjoy direct, low-bank access to a picturesque stream and a beautiful downstream swimming area. Build your getaway cabin, home, or artist retreat in a truly magical setting. Located just five minutes from Old Hilo Town and Bayfront Hilo, this property offers convenient access to restaurants, shopping, farmers’ markets, local festivities, and even hot springs. Whether you’re seeking a residential escape or a commercial venture, this property is bursting with potential. Make your dream development a reality—this is a rare find! Unlock Collaborative Potential with a Joint Venture Adjacent to Lot 40, the owner of the “house property” has also listed that property for sale, providing an opportunity to acquire both lots together. With a A joint venture partner could help develop Lot 40, creating possibilities for a bed & breakfast, retreat center, or picturesque wedding venue. A lot of research has been done with the County, and a strategic development plan is available upon request. Permission to enter the property required!! Please respect the property owner’s request for permission before entering. Buyers and their agents are responsible for conducting due diligence and verifying all listing details. Contact the listing agent to learn more.