USAHICaptain CookKealakekua64-82-6151 Hawaii Belt Rd
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$5,750,000

9 days ago

64 - 82-6151 Hawaii Belt Rd, Captain Cook, HI

0 Bed

0 Bath

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MLS® 727529

  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel/Motel
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $23,820
Days Active 8
Approx. Age 
MLS® Number 727529

Property Address: 64-82-6151 Hawaii Belt Rd, Captain Cook, HI, 96704

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to buy the Manago Hotel, a fee simple, 64-room unbranded historic hotel with additional commercial space, a home, long-term residential rentals, and Hawaii's oldest restaurant which was the winner of a 2023 James Beard Award. The hotel offers a glimpse into "Old Hawaii, " a charm treasured by locals and visitors alike. This property has been established, owned, and operated continuously by the Manago family for over 100 years. The Manago Hotel Restaurant is Hawaii’s oldest restaurant, dating back to 1917. The property is an incredible value-add investment with tremendous upside potential. The current below-market room and commercial rents offer immediate upside, while undeveloped land provides space for desirable new amenities such as a swimming pool or grand lawn. The addition of enhanced food and beverage services and the transformation of an existing bar into a 1920s-themed speakeasy, as well as a modern reservation system, could further increase value. Moreover, the hotel includes additional rooms currently not in use that could be converted into long-term rentals. NOI is proforma. Offering includes two parcels - TMKs: 3-8-2-15-19 & 22.
MLS® Number727529
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 27, 2026List Date
$5,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
82-6151 Hawaii Belt Rd, Captain Cook, HI

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