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Property profile & analytics
OFF-MARKET
Commercial real estate

49 Hana Hwy Paia, HI 96779

Property ID
US24-0203896
Property summary
AI-generated overview

This exceptional 15,293 sq ft fee-simple property at 49 Hana Hwy, Paia, HI 96779, offers 25 linear feet of direct beachfront access on Paia Bay and 100 feet of highway visibility on the "Road to Hana," attracting over 1,950 vehicles daily. The site boasts mature landscaping, panoramic ocean views, and gated parking for 17 vehicles. Essential utilities include county water, sewer, and electricity. Currently utilized as a wedding venue, the Public-Quasi 1 (P-1) zoning allows for diverse uses, including religious institutions, public parks, healthcare facilities, public facilities, government offices, and educational institutions. This presents a unique opportunity for investors seeking a high-profile location with significant development potential. The property's strategic location in vibrant Paia Town, just 10 minutes from Kahului International Airport, provides easy access to local amenities. The asking price is $9,000,000 and the sale is structured for a 1031 exchange. Recent revenue history is available upon request. This is a rare opportunity to acquire a premium beachfront property in one of Hawaii's most desirable locations. Additional county parking is available across the street.

Property profile
Verified
Property type Commercial real estate
UPID US24-0203896
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Temple Makai Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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