Tanya Sunshine
tanya@hawaiilife.com
(808) 896-7879
Hawaii Life

95-6040 Mamalahoa Hwy 96772
$1,825,000
Price:
$1,825,000
Bedrooms:
31
Bathrooms:
19.02
MLS:
(ACTIVE) 631821
Interior Area:
8,063 sqft
Price/sqft:
$226
Year Built:
1933
Lot Size:
5.78 acre(s)
Land Tenure:
Fee Simple
Property Type:
Multiple Property Types
On Market:
Sep 16, 2019
Updated:
Nov 26, 2019
Foreclosure:

Listing Remarks

This is A GOLDEN opportunity for a savvy investor/developer to make a successful business in this sweet and sleepy town with (the bulk sale) of over 10 acres (4 separate parcels); a hotel, a motel, a home, multiple storage buildings, commercial zoning and vacant land. Just needs TLC!

Former Shirakawa Hotel/Motel and Ka'u Ice House and Fishing Supply on nearly 6 acres of commercially zoned property.

Naalehu is clearly on the Path of Growth!
This is a Very Unique Offering in a location where there isn’t another hotel for an hour's drive north or 30 min south.

HOME: Built in 1997, the 3599 sqft home is 6BR/4BA and features a wheelchair ramp access, huge 630 sqft studio, created for a Hula Halau, and a separate storage outbuilding.
HOTEL: Built in the 20’s and showing in the County/Tax records as being built in 1938, the hotel is 8BR/1.5BA upstairs and 4BR/2BA downstairs
MOTEL: Built in 1963 & 1971 to accommodate more guests, as this was the only hotel between Captain Cook and Volcano, it is 4BR/4BA and 8BR/8BA.
RETAIL: Built in 1981 and in business as The Ka’u Ice House and Fishing Supply Store for many years. This commercially zoned retail building features a walk-in freezer room and is in a prime location, with highway frontage and plenty parking.
WAREHOUSE: 2400 sqft steel construction built in 1989

Also available is MLS 631819: 3 vacant contiguous parcels comprising 4.5 acres with rich soil and separate water meter. Previously farmed in coffee and macadamia, it is currently a fairly blank slate. There are many mature avocado trees of different varieties offering avos year-round, many stands of bananas including Ice Cream, Williams and Apple. Other fruit trees include breadfruit, orange, tangerine and lychee. The land and location is also ideal for a horse-based business.

BULK SALE LISTING OF ENTIRE PROPERTY: See MLS 621646

Property Location

Public Reports

Other Details

Address: 95-6040 Mamalahoa Hwy , Waiohinu Town Lots 96772
Lat/Long: 19.06692901 | -155.60938365
Taxkey: 3950010250000
Property Type: Multiple Property Types
Bedrooms: 31
Full Baths: 19
Half Baths: 2
Living Area: 8,063 sqft
Land Area:
Oceanfront Parcel: N
Pool: N
Annual Tax: $11,097
Assessed Value: $1,026,700
Assessment Year: 2019
Zoning: CV-20
Assessed Land Value: $306,800
Assessed Improvements Value: $785,900
Annual Tax (Year): 2015
Garage Area: 0 sqft
Car Storage:
  • Other(remarks)
  • Unassigned
Appliances:
  • Dish Washer
  • Refrigerator
  • Range/Oven
  • None
Features:
  • 9 Foot Ceilings
  • ADA Accessible
  • High Traffic
  • Storage Area
  • Freezer Room
Fencing:
  • Rock/Stone
Floor Covering:
  • Carpet
  • Ceramic Tile
Lot Description:
  • Corner
  • Grassy
  • Rim Lot
  • Other(remarks)
Roads:
  • Major Thoroughfare
  • Paved
  • State
Security:
  • Key
Topography:
  • Fairly Level
Unit Description:
  • Multi-Story
  • ,
  • Single Family Home
  • ,
  • Single Level
Washer/Dryer:
  • None
  • Washer
Sewage:
  • Cesspool
The View:
  • Forest
  • Mountain
  • Ocean
  • Sunrise