26-238 Hawaii Belt Rd., Hilo, HI 96720

FOR SALE
  • $8,250,000
  • 3+ Years on site
  • Est: $30,566/month
  • Mortgage Center
  • Beds: n/a
  • Baths: n/a
  • Single Family Home
  • 12,000 sq ft
X
(808) 885-8885
Listing Agent: Rebecca Keliihoomalu

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Description

The Wainaku Executive Center, a 12 ac. oceanfront property on Hilo Bay, Big Island of Hawaii approx. 1 mi. from downtown Hilo, Hawai`i Island's largest city and County seat approx. 15 min. to Hilo International Airport. This historic oceanfront property (c. 1924) was formerly the headquarters of C. Brewer & Co., one of Hawaii’s “Big Five”. Prime Big Island real estate w/a black sand beach below, wide ocean views affording daily sunrises, tightly manicured grounds and an approx. 12,000 sqft. stately mansion-like building this is Hilo’s most important, enduring, elegant and incomparable piece of real estate. WEC was reconstructed from the original Wainaku Mill Warehouse, extensively remodeled (‘97-98) into the gracious and luxurious building it is today. Today it reflects distinctive character and superior quality of construction. The building now includes a grand staircase of Koa grown, harvested and milled on the Hamakua Coast in the 90’s. The oceanfront sea wall extends in front of the center to beautiful and captivating Alae Point. Fronting the WEC is a grand lawn and open-air amphitheater providing a gracious setting for corporate, private and community functions. Remnants of the mill include old railway tunnels, remaining portions of the concrete flume and mill foundation as evidence of the mills prior grandeur. An extensive list of approved uses as well as zoning changes (in progress) could allow for a boutique oceanfront hotel, private residence, bar and restaurant, brewery, distillery and more. An impressive and commanding Koa paneled conference room dominates the interior structure. Culturally historic and environmentally significant this is Hilo’s most vibrant anchor point for the next visionary strategist to further cement the Big Island's vast growth and greater potential for business, tourism, agriculture, conservation, renewable energy, sustainable farming & ranching, while supporting community initiatives and economic opportunities for residents. Click here to learn more about this listing..

  • MLS ID# 272745
  • Year Built: 1924
  • 3+ Years on site
  • Virtual Tour
  • Single Family Home
  • Beds: n/a
  • Baths: n/a

Listing Details

Lot Features
City View, Mountain View, Ocean View, Water Front, Water View
Lot Size
Approximately 522720 Square Feet
Features
Deck, Patio, Porch, Stucco Exterior
Security
Yes
Cable Wiring
Cable TV Available
Cooling
Central Air, Central Cooling
Security System
Yes

Public Facts: As provided by County Assessor and Recorder offices. May not reflect recent additions or improvements. If you see any errors, the best way to get the records updated is to contact your local county records office. If any of the information in this section conflicts with property information provided by a listing agent or broker, agent-provided information should be deemed more reliable.

Local Info

Population
40,996
Median Household Income
$48,320
Median Years In Residence
8
Median Homeowner Age
41
Households with Children
44.47%
Percent of Homes Rented
35.17%

Nearby Elementary Schools

121 Haaheo Rd
174 Kamehameha Ave
506 Waianuenue Ave

Nearby Middle Schools

174 Kamehameha Ave
190 Ululani St
587 Waianuenue Ave

Nearby High Schools

174 Kamehameha Ave
556 Waianuenue Ave
1000 Ululani St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.