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8-Unit Hotel Property
For Sale
$3,500,000

160 N Market St, Wailuku, HI 96793

MRA-zoned property combines residential and transient lodging uses with dedicated office space.

Property SizeContact for details
Days on Market13

Property Features for 160 N Market St

General Information

Standard status Active
Zoning Business Multi-Family (MRA)

Additional Details

Road Access Yes
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $8,331

Building Details

Year Renovated 2010
Tenancy Multi
Listing Agency: Realty 1st Inc
Listed By: Nathan K G Kwee RB-15403
Source: Exprealty
Added: Aug 18 Changed: Aug 29 Last Checked: Aug 29 at 10:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty 1st Inc

Investment Insights

Based on property information with market context.

Located at 160 N Market St in Central Wailuku, this hospitality property was renovated around 2010 and contains 8 units configured for both residential and transient accommodation. Two units are rented month-to-month, while six are used for transient stays. Approximately 576 sf of office space adds a separate component to the property.

The property is zoned Business Multi-Family (MRA), and the owner is pursuing hotel approval. The sale includes the roadway and access serving the property. The owner currently leases the adjacent lot for parking. Central Wailuku provides access to shopping, dining, business services, and major Maui destinations.

Key Highlights

  • 8 units with two month‑to‑month rentals and six transient accommodations
  • Business Multi‑Family (MRA) zoning
  • Approximately 576 sf of office space

Property Analytics

Current Use

Noble Travel Hotel Travel Agency

Lease Details

8
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Demographics for 96793, HI

31,939
Population
11,510
Households
2.8
Avg Household Size
41
Median Age
29%
College-Educated
94%
High-School Grad
76.1 sq mi
ZIP Area
420
Density / Sq Mi
$104,220
Median Household Income
$47,026
Median Earnings
$1,797
Median Rent
$776,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - MRA-zoned property combines residential and transient lodging uses with dedicated office space.
Where is this hotel located?
The property is located at 160 N Market St Wailuku, HI.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 8 units with two month‑to‑month rentals and six transient accommodations; Business Multi‑Family (MRA) zoning; Approximately 576 sf of office space
More about this property
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