93 Hana Hwy - Hospitality FOR SALE


Paia, HI 96779
$19,000,000 USD
408-316-2157
93 Hana Hwy, Paia, HI for Sale
$19,000,000 USD
Hospitality - FOR SALE
1/70
null | 8.36% Cap Rate

93 Hana Hwy
Paia, HI 96779


OVERVIEW

Seize this extraordinary investment opportunity to own a highly-rated, award-winning boutique hotel in Paia, one of Maui’s most vibrant, walkable beach towns. With a distinguished 16-year history, 93 Hana Hwy combines chic accommodations and a prime location with deeded access to Paia’s white sandy beaches. The two-story commercial building was completely renovated in 2008 with an upgraded water meter, full fire sprinkler system, all-new plumbing, and upgraded electrical service. In 2018, a new addition of four rooms was completed, enhancing the property’s appeal and capacity to nine deluxe guest rooms designed for ultimate comfort and style. The property includes a full-service restaurant and bar space, currently leased to a thriving business, offering indoor and patio dining, plus a 1,100 SF rooftop space ideal for private events. The building houses a retail storefront perfect for high-end boutiques or specialty stores seeking high visibility highway frontage along the famous Road to Hana. Dedicated parking for six vehicles and the ability to lease an additional 7 parking spaces ensure convenience for guests and visitors. The transferable permit adds significant value. Don’t miss out on this rare commercial offering to own the only boutique hotel accommodations on Maui’s North Shore and Upcountry areas. 93 Hana Hwy is one of nine properties available for sale within a larger commercial portfolio, blending hospitality, dining, retail, wedding, and event spaces to create a diverse and attractive investment.

FOR SALE DETAILS

PRICE

$19,000,000 USD

PRICE/SF

$3,913 USD /SF

# OF ROOMS

15

PRICE/ROOM

$1,266,667 {currency}

CAP RATE

8.36%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Paia Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1927

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,632 SF

ZONING

B-CT

APN/PARCEL ID

2-2-6-002-027-0000

ASK ABOUT THIS PROPERTY

Sam JaliliCompass CommercialMore Info
408-316-2157

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Sam JaliliCompass CommercialMore Info
408-316-2157

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