56-2864 Akone Pule Hwy - Commercial LAND FOR SALE


Hawi, HI 96719 1,411,780 SF
$8,200,000 USD
808-375-9708
56-2864 Akone Pule Hwy, Hawi, HI for Sale
$8,200,000 USD
Commercial LAND - FOR SALE
1/10
1,411,780 SF

56-2864 Akone Pule Hwy
Hawi, HI 96719


HIGHLIGHTS

  • Strong marketability and brand recognition
  • Existing nightly rental and events income
  • Conditional Use Permits in place for expansion of additional cottages and events facilities
  • 4 Existing cottages, each with its own history, that accommodates 16 guests
  • 2 private pools on property
  • Approvals to add accommodations for additional 21 nightly guests

OVERVIEW

An established guest ranch and events center located on an exquisite 32.41 acres of land located in North Kohala on the Big Island of Hawaii. The property is one of the most authentic and beautiful historic ranches on Hawaii Island that blends history, nature, and rustic comfort. It has guest cottages that sleeps 16 guests in 4 existing buildings along with a wedding venue/pavilion to host special events. The establishment has been operating as a special events center since 2008, catering to individual nightly guests and larger groups that book out the entire facility. The owner has secured a conditional use permit that could allow for the construction of guest buildings that can sleep up to 21 guests or separation units for new accommodations for 2 along with other event-related structures. This opportunity offers for a buyer to enjoy current cash flow with the potential to significantly grow the property and revenues into one of the more quaint and substantial events facilities in the state of Hawaii.

FOR SALE DETAILS

PRICE

$8,200,000 USD

PRICE/ACRE

$253,008/AC

PRICE/SF

$6 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Hospitality

LAND ACRES

32.41 AC

LAND SF

1,411,780 SF

OFFSITE IMPROVEMENTS

Water, Electricity, Gas

ZONING

A-20A

APN/PARCEL ID

(3) 5-6-1: 82

ASK ABOUT THIS PROPERTY

Mark BrattonColliersMore Info
808-375-9708

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Mark BrattonColliersMore Info
808-375-9708

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