5-5344 Kuhio Hwy Hanalei, HI 96714
This exceptional commercial property in the heart of Hanalei, Kauai presents a unique investment opportunity. Located at 5-5344 Kuhio Hwy, the property encompasses approximately 14,020 square feet and features a charming building with deep historical significance. Originally a public cemetery, the land was acquired by the Protestant Episcopal Church in 1947. The current structure, St. Thomas Church, was constructed in 1964, funded by Juliet Atwood Rice Wichman and dedicated to her great-aunt. Currently, the property serves as the home of the Aloha School Early Learning Center, a testament to its ongoing contribution to the Hanalei community. The property boasts a spacious, fenced lot adorned with mature fruit trees, offering tranquil mountain and waterfall views. Its prime location along the main road in downtown Hanalei provides easy access to the iconic Hanalei Bay, placing it within walking distance of the beach and the vibrant town center. The property's deed stipulates that it must be conveyed for church-related purposes. This presents a rare chance for a visionary buyer to preserve its historical legacy and continue its service to the community while capitalizing on its exceptional location in one of Kauai's most desirable areas. The asking price is $2,600,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
R4 · Hanalei, HIHanalei. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.