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1300 Kamehameha V Hwy, Kaunakakai, HI 96748
$4,900,000
Commercial
for sale
21,222 sqft
Neighborhood:
Molokai Central
FEE SIMPLE OCEANFRONT HOTEL FOR SALE! Incredible opportunity to acquire the oceanfront Hotel Moloka'i, the island's only hotel. The offering includes 49 hotel units as well as 2 commercial units, for a total ownership of 51 of the total 59 units in the Hotel Moloka'i project. Amenities include a pool, restaurant/bar, front desk, and gift shop. The property is a turnkey operation with stable in-place cash flow with ample upside opportunity.
CPR Units: 1, 3-6, 9-10, 13-36, 39-41, 43-59
Manager's home, TMK 2-5-4-2-57, is also available as an optional purchase with the property, priced at $580,000.
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Details
1968 year built
- Year Built 1968
- Original list price $4,900,000
- Days on market 102
- Price per sqft $231/sqft
-
Address
1300 Kamehameha V Hwy, Kaunakakai, HI, 96748
- Frontage Main Street
- Neighborhood Molokai Central
- Land area 106,722 sqft / 2.45 acres
- Total Interior Area 21,222 sqft
- City of Molokai Kaunakakai
- Region Molokai
- Island Molokai
- Land tenure FS - Fee Simple
- Number of Units 51
- Parking Spaces 41
- Virtual Tour View (external link)
Open Houses
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Monthly payment
Calculate your monthly payments
Mortgage
$24,984
Taxes
$69,947
HOA dues
$0
Mortgage
Down payment
$980,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$24,984 / month
Neighborhood: Molokai Central
Nearby & commute
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
Amenities & Features
41 parking places, Wood floors
Roof
Shake
Property Condition
Above Average
Business Type
Hotel/Motel
Construction/Exterior Finish
Wood Frame
Air Conditioning
Individual
Loading
Other
Floor Covering
Wood
Income Information Source
Owner
Expense Information Source
Owner
Easements
None
Documents Available
Lease Documents, P&L, Title Search
Lessee/Tenant Pays
Excise Tax
Parking
Unassigned
Utilities Included
Gas, Large Water Meter, Light Electricity
Amenities
Other
Molokai Central prices
Average price $1.36m
Neighborhood average sales price*
$1.36m
Neighborhood median sales price*
$1.48m
Number or sales*
6
Street median sales price*
$1.65m
*last 6 months
Schools
15 schools with rating up to 6
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kilohana Elementary School
Kamehameha V Hwy,
Kaunakakai, HI 96748
Elementary School
|
1.688mi |
| out of 10 |
Kilohana Elementary School
Kamehameha V Hwy,
Kaunakakai, HI 96748
Middle School
|
1.688mi |
|
Ho'omana Hou School
Po Box 2047,
Kaunakakai, HI 96748
High School
|
2.051mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kilohana Elementary School
Kamehameha V Hwy,
Kaunakakai, HI 96748
|
1.688mi |
| out of 10 |
Kaunakakai Elementary School
30 Ailoa St,
Kaunakakai, HI 96748
|
2.036mi |
|
Akaula School
Po Box 2098,
Kaunakakai, HI 96757
|
2.051mi | |
| out of 10 |
Kualapuu Elementary - Public Charter School
260 Farrington Ave,
Kualapuu, HI 96757
|
6.171mi |
|
Molokai Mission School
P.O. Box 248,
Kaunakakai, HI 96748
|
10.929mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kilohana Elementary School
Kamehameha V Hwy,
Kaunakakai, HI 96748
|
1.688mi |
| out of 10 |
Kaunakakai Elementary School
30 Ailoa St,
Kaunakakai, HI 96748
|
2.036mi |
|
Akaula School
Po Box 2098,
Kaunakakai, HI 96757
|
2.051mi | |
| out of 10 |
Kualapuu Elementary - Public Charter School
260 Farrington Ave,
Kualapuu, HI 96757
|
6.171mi |
|
Molokai Mission School
P.O. Box 248,
Kaunakakai, HI 96748
|
10.929mi |
| School rating | Distance | |
|---|---|---|
|
Ho'omana Hou School
Po Box 2047,
Kaunakakai, HI 96748
|
2.051mi | |
|
Akaula School
Po Box 2098,
Kaunakakai, HI 96757
|
2.051mi | |
| out of 10 |
Lanai High & Elementary School
555 Fraser Ave,
Lanai City, HI 96763
|
18.064mi |
|
Maui Preparatory Academy
5095 Napilihau Street,
Lahaina, HI 96761
|
22.209mi | |
| out of 10 |
Lahainaluna High School
980 Lahainaluna Rd,
Lahaina, HI 96761
|
25.366mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
New Listing Aug 21, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Aug 21, 2024 | New Listing | $4,900,000 | $230.89 | MLS #202418077 |
Tax & MLS details 1300 Kamehameha V Hwy, Kaunakakai, HI, 96748
Neighbor Island - See Remarks zoning / MLS #202418077
Current Property Taxes p/month
$69,947
Property Tax Year
2023
Assessed Improvement value
$7,688,200
Assessed Land value
$768,400
TMK
2-5-4-002-001-0000
Land Recorded
Land Court
Zoning
Neighbor Island - See Remarks
Flood Zone
Zone AE
Total Assessed value
$8,456,600
Listed by
Standard Management LLC
(808) 208-8107
(808) 208-8107
MLS #
202418077
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Recently sold nearby 1300 Kamehameha V Hwy in Molokai Central
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Frequently asked questions for 1300 Kamehameha V Hwy
What is 1300 Kamehameha V Hwy?
1300 Kamehameha V Hwy is a Commercial/Industrial
How many units does it have?
1300 Kamehameha V Hwy has 51 units.
What is the rental income?
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What is the full address of this commercial?
1300 Kamehameha V Hwy, Kaunakakai, HI, 96748.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Standard Management LLC. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on November 08, 2024.
Hawaii House Last checked less than a minute ago.