$21,000,000 $112,733 est/mo Sourced by Back At You

93 Hana Hwy,Paia, HI 96779

Paia HI, 96779

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Description

Seize this extraordinary investment opportunity to own a highly-rated, award-winning boutique hotel in Paia, one of Maui’s most vibrant, walkable beach towns. With a distinguished 16-year history, 93 Hana Hwy combines chic accommodations and a prime location with access to Paia’s white sandy beaches. The two-story commercial building was completely renovated in 2008 with an upgraded water meter, full fire sprinkler system, all-new plumbing, and upgraded electrical service. In 2018, a new addition of four rooms was completed, enhancing the property’s appeal and capacity to nine deluxe guest rooms designed for ultimate comfort and style. The property includes a full-service restaurant and bar space, currently leased to a thriving business, offering indoor and patio dining, plus a rooftop space ideal for private events. The building houses a retail space perfect for high-end boutiques or specialty stores seeking high visibility store frontage along the famous Road to Hana. Dedicated parking for 16 vehicles, a rare asset in Paia, ensures convenience for guests and visitors. The transferable permit adds significant value. Don’t miss out on this rare commercial offering to own the only boutique hotel accommodations on Maui’s North Shore and Upcountry areas. 93 Hana Hwy is one of nine properties available for sale within a larger commercial portfolio, blending hospitality, dining, retail, wedding, and event spaces to create a diverse and attractive investment.

Details

MLS#402724
Listing TypeFor Sale
Building NamePaia Inn
Sub-TypeFee Simple
StatusACTIVE
Days On Site14
Listing Provided ByCompass | Chelsea Dimin
Buying Commision2.5%

Features

Story(s)2
ZoningCountry Town Business
Acreage0.13
Property ViewYes

Market Activity 96779

This information is believed to be accurate. It has been provided by sources other than the Realtors Assoc. of Maui and should not be relied upon without independent verification. You should conduct your own investigation and consult with appropriate professionals to determine the accuracy of the information provided and to answer any questions concerning the property and structures located thereon. Featured properties may or may not be listed by the office/agent presenting this brochure. The listing broker’s offer of compensation is the dollar amount or percentage of sale price the listing broker offers to pay a broker who (a) participates in the multiple listing service where the listing broker filed the listing and (b) procures the buyer for a successful transaction. Copyright, 2024, REALTORS® Association of Maui, Inc. All Rights Reserved.

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Listings Checked: 1 minute ago
StateHI
CityPaia
Zip Code96779
AreaMaui
SubareaSpreckelsville | Paia | Kuau
Community NameHI
Listing VS Median (in HI)
Price:
$21,000,000
low | high
Med:
$1,349,500
100% of Average
On Site:
14
low | high
Med:
170
8.235294117647% of Average
Sourced by Back At You
Listing Updated: July 5, 2024 at 12:48:58 PM PDT