54-250 Lokahi Rd - Hospitality FOR SALE


Kapaau, HI 96755
$19,950,000 USD
808-443-4588
54-250 Lokahi Rd, Kapaau, HI for Sale
$19,950,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

54-250 Lokahi Rd
Kapaau, HI 96755


HIGHLIGHTS

  • Oceanfront Location: The retreat is situated on dramatic oceanfront cliffs in North Kohala, providing direct shoreline access and stunning ocean views
  • Established Clientele and Reputation: The Retreat has a loyal clientele of workshop and corporate leaders who frequently book the entire resort
  • Sustainable and Eco-Friendly Design: The Retreat sits lightly on the land, with an off-grid solar-powered electrical system, along with organic garden
  • Wellness and Spa Facilities: On site wellness and spa facilities include a saltwater swimming pool, whirlpool, exercise/yoga hale, and outdoor spa
  • Diverse Accommodations: Accommodations include individual bungalows, lodge guest rooms, and yurts, catering to different guest preferences
  • Exclusive and Private Setting: The Retreat can host exclusive group bookings, providing privacy and an intimate setting for family events & workshops

OVERVIEW

Oceanfront Boutique Eco-Lodge for Sale: This offering includes both the real property and business assets, including future bookings. The property features 16 rooms on 14.5 acres of land. • Expansion Potential: Special permit amendments approved in 2024 allow for the expansion of the facility to 36 rooms, offering opportunities for growth and increased revenue. • Rich Cultural and Historical Significance: Located in Kohala, the birthplace of Kamehameha I, the retreat offers a unique cultural and historical context. Local cultural practitioners are available to provide guests with a place-based experience. • Hawai?i Shifting to a Regenerative Tourism Model: The Retreat is perfectly positioned with respect to new legislation promoting a regenerative tourism model that benefits the environment, local economy, and culture.

FOR SALE DETAILS

PRICE

$19,950,000 USD

PRICE/SF

$649 USD /SF

# OF ROOMS

16

PRICE/ROOM

$1,246,875 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hawaii Island Retreat

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

2010

PARKING SPACES

-

LAND DETAILS

LAND ACRES

14.5 AC

LAND SF

631,620 SF

ZONING

A-20A

APN/PARCEL ID

3-5-4-009-014-0000

ASK ABOUT THIS PROPERTY

Beth Thoma Robinson R(B) BICHawaii Life Real Estate Services, LLCMore Info
808-443-4588

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Beth Thoma Robinson R(B) BICHawaii Life Real Estate Services, LLCMore Info
808-443-4588

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.