Hawaii Special Purpose For Sale
11 results
Address
Asking Price
SOLD: Harbor Arms
98-130 Lipoa Pl
Aiea, HI
Lot Size:0.38Acres
The Harbor Arms Hotel (“Property”) presents a unique opportunity for an investor/developer to purchase a rare 30-unit hotel located in the densely populated area of Aiea on the island of Oahu. The Property is one of two hotel properties located in the trade area, which is centrally located and adjacent to Pearlridge Shopping Center and a soon to be completed rail station.
The property offers an investor/developer the rare, fee simple opportunity to own an exceptional piece of real estate which is subject to potential development incentives under the interim TOD zoning ordinance.
Harbor Arms Hotel consists of 30 rooms and sits on 19,614 square foot A1 (Apartment) zoned land with a gross building area of 16,632 square feet. The three-story building also includes a pool, BBQ area and coin operated laundry facility.
TOD DISTRICT: Located near the Aiea station of the Honolulu Rail Transit system and subject to potential development incentives under the interim TOD zoning ordinance.
BRAND AFFILIATION: The hotel is unencumbered by a hotel brand. Opportunity to leverage a new brand or reservation system to generate more revenue.
MARKET SUPPLY: One of two hotels in the trade area. The lack of supply coupled with the high barriers to entry provides a unique market share for an investor.
NON-UNION: The hotel is not part of a union agreement and is currently staffed with non-union labor.
FLEXIBLE USE: The property also can be converted to an apartment use due to the underlying A-1 zoning.
$10,500,000
SOLD: Hilo Seaside Hotel
126 Banyan Way
Hilo, HI
Lot Size:1.06Acres
Colliers International has been retained as the exclusive marketing advisor for the Fee Simple sale of the Hilo Seaside Hotel, a 138 room limited-service hotel with a restaurant and swimming pool and amazing tropical garden and pond located in Hilo, Hawaii. Founded by the Kimi Family in 1956, Hilo Seaside Hotel embodies the spirit of Hawaii; a place where hospitality is at the forefront of an ancient culture. The Kimi’s believed that Hawaii truly was paradise on earth and instilled that in the Hotel. After decades of hard work, they eventually were able to build a 30-room hotel in Hilo, which then expanded into 138 room hotel.
This offering represents the rare opportunity to acquire a fee simple hotel which underwent a $750,000 renovation in 2019-2020. The Hilo Seaside Hotel also has the benefits of being unencumbered by a hotel management contract and is ideally located in the world-renowned destination of Hawaii. The hotel is situated on 2.23 acres (97,340 square feet) of fee simple land.
The recent improvements completed provide an investor with limited near-term capital expenditure exposure. This offering provides the investor with substantial in-place cash flows in a marketplace reflecting great resilience, growing consumer demand, and significant competitive barriers to entry.
$20,080,000
Maui Seaside Hotel Fee Simple Hotel for Sale
100 W Kaahumanu Ave
Kahului, HI
Lot Size:1.66Acres
Colliers International has been retained as the exclusive marketing advisor to sell the combined fee simple & leasehold interest in the Maui Seaside Hotel, a 181 room limited-service hotel with a restaurant and a swimming pool in Kahului, Maui. Founded by the Kimi Family in 1956, Maui Seaside Hotel embodies the spirit of Hawaii; a place where hospitality is at the forefront.
This offering represents the opportunity to acquire a beachfront hotel in Kahului, in a market with limited competition and high barriers to entry. The Maui Seaside Hotel also has the benefits of being unencumbered by a hotel management contract and is ideally located on Maui, a world renowned destination.
The hotel is situated on 4.2 acres (approximately 182,673 square feet) of land. Approximately 29,918 sf of land will be conveyed as a permanent easement, which could be subdivided and converted to fee simple ownership post closing. This sale provides an investor with stable in-place cash flow in one of the highest RevPAR destinations in the United States, and year-over-year increased consumer demand.
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Waikiki Landmark C-109
1888 Kalakaua Ave
Waikiki, Honolulu, HI
Lot Size:2.69Acres
Opportunity for owner-user fee simple commercial space in Waikiki. Good for showroom, office or use your imagination. Street front glass doors. 18' high ceiling, 660 SF with small office and stockroom. 45 customer only parking stalls shared by commercial owners. Parking in the building for employees and owner can be leased. Monthly maintenance fee is $1,147.89, A/C & Electricity is approx. $200 per month for current owner. Commercial owner also can enjoy newly built exercise room and conference room in the building.
$550,000
315 Uluniu Street
315 Uluniu St
Kailua, HI
Lot Size:0.30Acres
$2,100,000
1137 11th Avenue
1137 11th Ave
Kaimuki, Honolulu, HI
Lot Size:0.12Acres
$3,300,000
3135 Lower Kula Road
3135 Lower Kula Rd
Kula, HI
Lot Size:0.93Acres
$2,699,999
27-289 Mill Road
Papaikou, HI
Lot Size:1.18Acres
$1,300,000
2000 South Beretania Street
2000 S Beretania St
McCully-Moiliili, Honolulu, HI
$295,000
220 Beach Walk
Waikiki, Honolulu, HI
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45-3503 Kahana Drive
Honokaa, HI
$1,700,000
Market Stats
Hawaii has 2,845 commercial real estate spaces for lease, representing 10,876,972 sqft space.
554 buildings are available for sale.
In the past 30 days, Hawaii has had 439 spaces leased.
