Discover Hotel Coral Reef, located at 4-1516 Kuhio Highway in Kapaa, Hawaii, positioned along the island’s picturesque coastline. Take advantage of direct access to Kapa’a Beach Park, Kapa’a Town Park, and the renowned coastal bike path. The hotel benefits from exceptional visibility along Kuhio Highway, which sees over 22,000 vehicles per day. Guests enjoy premium amenities, including oceanfront lanais, a private lagoon-style pool with a tropical waterfall, complimentary Wi-Fi and parking, on-site oceanside massage services, bicycles, barbecue grill access, and lobby coffee service.
Each room features desirable conveniences such as balconies, fully equipped kitchens, high-speed internet, patios, and multi-room suite configurations. Set on 1.09 acres with 30,041 square feet of improvements, the property is surrounded by popular restaurants, retail, bus line access, and top attractions, including Ho’olalaea Waterfall, Kela’s Glass Gallery, Nawiliwili Harbor, and Nawiliwili Bay. This Kapaa hospitality asset offers investors immediate cash flow with long-term upside through revenue optimization, brand repositioning, and value-add capital improvements, ideal for private investors, family offices, or hospitality funds seeking exposure to Hawaii’s resilient lodging market.
The lot adjacent to Hotel Coral Reef is also available for sale separately where you can expand the Hotel with a 5 Key Expansion or build a 15 Unit Condominium Complex.
Just 29 minutes from Lihue Airport and located in an area with an average household income of $108,000, Hotel Coral Reef benefits from strong year-round tourism, with Kauai welcoming 1.37 million visitors in 2024, making this a premier investment opportunity in Hawaii’s thriving hospitality sector.