Zoned General Commercial, which is conforming for a potential STVR License. Perfect for investment short term or long term rentals. Ground floor & corner unit. This newly renovated space at Hilo Terrace is awaiting its new owners to make it their own. Featuring 2 bedrooms, 1 bathroom, a kitchen, and living room setup. Kitchen island is movable for added convenience. Total square footage of 695 sqft. Mail service, pool access, parking space and laundry facilities all available on site. Just minutes away from all the fun! Located up the road from - Hilo's Friday Night Market, downtown farmers market, an array of local restaurants & eateries, and grocery's such as KTA and Sack N Save. Also, importantly, located down the road from Hilo Hospitals and School. Recent improvements to the Hilo Terrace complex in recent years include the refinishing of the in-ground pool and laundry facilities in 2019, asphalted parking lot in 2020, and new roofs on all buildings in 2023. The last reported monthly maintenance fee of $535 covers water, sewer, gas, condo insurance and common area maintenance. Owners are responsible for their own electricity, trash fee, cable, internet and phone service. Check out the virtual tour for your added convenience!