Paia Inn | 93 Hana Hwy
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Paia Inn 93 Hana Hwy
15 Room Hotel Paia, HI 96779 £14,866,550 (£991,103/Room) 8.36% Net Initial Yield
Executive Summary
Seize this extraordinary investment opportunity to own a highly-rated, award-winning boutique hotel in Paia, one of Maui’s most vibrant, walkable beach towns. With a distinguished 16-year history, 93 Hana Hwy combines chic accommodations and a prime location with deeded access to Paia’s white sandy beaches. The two-story commercial building was completely renovated in 2008 with an upgraded water meter, full fire sprinkler system, all-new plumbing, and upgraded electrical service. In 2018, a new addition of four rooms was completed, enhancing the property’s appeal and capacity to nine deluxe guest rooms designed for ultimate comfort and style. The property includes a full-service restaurant and bar space, currently leased to a thriving business, offering indoor and patio dining, plus a 1,100 SF rooftop space ideal for private events. The building houses a retail storefront perfect for high-end boutiques or specialty stores seeking high visibility highway frontage along the famous Road to Hana. Dedicated parking for six vehicles and the ability to lease an additional 7 parking spaces ensure convenience for guests and visitors. The transferable permit adds significant value. Don’t miss out on this rare commercial offering to own the only boutique hotel accommodations on Maui’s North Shore and Upcountry areas. 93 Hana Hwy is one of nine properties available for sale within a larger commercial portfolio, blending hospitality, dining, retail, wedding, and event spaces to create a diverse and attractive investment.
Property Facts
| Price | £14,866,550 | Lot Size | 0.13 AC |
| Price Per Room | £991,103 | Building Size | 4,856 SF |
| Sale Type | Investment | No. Rooms | 15 |
| Net Initial Yield | 8.36% | Number of Floors | 2 |
| Property Type | Hospitality | Year Built/Renovated | 1927/2006 |
| Property Subtype | Hotel | Parking Ratio | 2.68/1,000 SF |
| Building Class | B | Corridor | Interior |
| Price | £14,866,550 |
| Price Per Room | £991,103 |
| Sale Type | Investment |
| Net Initial Yield | 8.36% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 4,856 SF |
| No. Rooms | 15 |
| Number of Floors | 2 |
| Year Built/Renovated | 1927/2006 |
| Parking Ratio | 2.68/1,000 SF |
| Corridor | Interior |
Amenities
- Balcony
- Restaurant
- On-Site Retail
- High Speed Internet Access
- Patio
- On-Site Bar
- Beach (direct access)
- Destination Resort
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Public Access Wi-Fi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | £1,290 | - |
| Guest Room | 9 | £351.32 | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £264,938 | |
| Land Assessment | £1,492,680 | Total Assessment | £1,757,617 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,492,680
Improvements Assessment
£264,938
Total Assessment
£1,757,617
zoning
| Zoning Code | B-CT (Business Country Town) |
| B-CT (Business Country Town) |
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Paia Inn | 93 Hana Hwy
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