An existing bowling alley on a 3.70 acre / 161,172± SF site, the Hilo Lanes property represents a key hotel or timeshare development opportunity located in Hilo, Hawaii – the Big Island’s largest city. The site benefits from good frontage/access, accommo- dating zoning, and a location in close proximity to Downtown Hilo, the University of Hawaii at Hilo, the Pacific Ocean, and the Hilo International Airport.
The site is zoned CG-7.5, which allows for a wide range of uses including hotel, timeshare, retail, office, entertainment and multi-family residential. Zoning allows for a maximum height of up to 45 feet and a residential density of approximately 35 dwelling units per acre. New developments would benefit from a traffic count of 13,001 average daily traffic (ADT – 1998), approximately 300 linear feet of street frontage, and utilities that are already on-site.