1896 Kalanianaole St - Hospitality FOR SALE


Hilo, HI 96720
$1,950,000 USD
808-747-4742
1896 Kalanianaole St, Hilo, HI for Sale
$1,950,000 USD
Hospitality - FOR SALE
1/30
null | Request Cap Rate

1896 Kalanianaole St
Hilo, HI 96720


OVERVIEW

This towering plantation-era residence features old Hawai?i lodge-style architecture and an incredible location near Hilo’s most popular shoreline recreation areas. Built in 1934, the property is a highly sought-after hosted vacation rental, with an impressive track record of both income and occupancy. Positioned on a 31,500+ square foot parcel, the nine-bedroom / four-bath residence offers 6,500+ square feet of usable area and a sense of scale rarely found in Hawai?i. The heart of the home is an immense two-story great room, featuring soaring pitched ceilings, warm wood walls, arched openings, and a grand staircase that creates an immediate sense of arrival. Generous gathering areas, screened lanais, and flexible guest accommodations support a variety of uses, from continued hospitality operations to a one-of-a-kind private residence. Features - 9 bedrooms / 4 baths - 6,500+ sqft under roof - 31,523 sqft lot - RS-15 zoning - Plantation-era Hawaiian lodge architecture, built in 1934 - Close proximity to oceanfront parks and beach access - Soaring two-story great room with grand dual staircase - Large kitchen and generous dining area - Flexible guest accommodations across multiple levels - Screened lanais for indoor/outdoor living -Fully dedicated caretaker quarters - Tropical landscaping and private setting - High-performing, high-occupancy vacation rental Built nearly a century ago, the home's current square footage estimates do not match county tax or permit records and may contain discrepancies. Buyers and agents to perform their own due diligence. Please do not disturb occupants. Financials available upon request with signed NDA.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$374 USD /SF

# OF ROOMS

5

PRICE/ROOM

$390,000 {currency}

CAP RATE

Request Cap Rate

STATUS

Converted

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bed and Breakfast

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel, undefined

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1934

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

RS-15

APN/PARCEL ID

3-2-1-017-014-0000

ASK ABOUT THIS PROPERTY

Nate GaddisCompassMore Info
808-747-4742

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Nate GaddisCompassMore Info
808-747-4742

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