100 Puueo St
$2,000,000
Price:
$2,000,000
Bedrooms:
0
Bathrooms:
Not Available
MLS:
(CONTINGENT) 643529
Interior Area:
12,151 sqft
Price/sqft:
$165
Year Built:
1920
Lot Size:
1.22 acre(s)
Land Tenure:
Fee Simple
Property Type:
Commercial Property
On Market:
Oct 26, 2020
Updated:
Feb 17, 2021
Foreclosure:
Listing Remarks
The Wild Ginger Inn is a charming low-rise hotel, currently operational as boutique guest lodging. This fee simple property is composed of two adjacent lots covering 1.61 acres, bordering Waipilopilo Stream, and located just across the street from Hilo Bay. It has Resort-Hotel District zoning "required land area of 750 square feet, for each dwelling unit, or for each separate rentable unit, or other similar rentable units." Buyer or Buyers agent to perform due diligence - there is a considerable amount of deferred maintenance.Located across the "singing bridge", it is on the gateway to the Hamakua Coastline. This unique location offers spectacular ocean views, and is only steps away from Downtown Hilo, a feature that guests find particularly appealing.
With a historic past, this vintage gem has 38 guest rooms with a variety of configurations. There are ocean view suites, single rooms with en-suite baths, and private rooms with shared baths. The lobby area has a large lounge that offers unobstructed views of the cruise ships coming in and out to Hilo Bay. Surrounding the hotel is a large tropical garden for guest relaxation.
The sale includes two parcels (TMK 3-2-6-2-8 & 3-2-6-2-12) with a total of 1.61 acres.
Please do not approach employees or staff about sale of this property - please only contact listing agent, and ask to see our 3D virtual tour of property!
Property Location
Public Reports
Other Details
Address: | 100 Puueo St , Puueo 96720 |
Lat/Long: | 19.72932278 | -155.08897123 |
Taxkey: | 3260020080000 |
Property Type: | Commercial Property |
Living Area: | 12,151 sqft |
Land Area: | |
Oceanfront Parcel: | N |
Pool: | N |
Annual Tax: | $5,254 |
Assessed Value: | $629,100 |
Assessment Year: | 2018 |
Zoning: | V-.75 |
Assessed Land Value: | $217,600 |
Assessed Improvements Value: | $468,200 |
Annual Tax (Year): | 2015 |
Garage Area: | 0 sqft |
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