$2,000,000

100 Puueo St

HILO HI, 96720

Description

The Wild Ginger Inn is a charming low-rise hotel, currently operational as boutique guest lodging. This fee simple property is composed of two adjacent lots covering 1.61 acres, bordering Waipilopilo Stream, and located just across the street from Hilo Bay. It has Resort-Hotel District zoning "required land area of 750 square feet, for each dwelling unit, or for each separate rentable unit, or other similar rentable units." Buyer or Buyers agent to perform due diligence - there is a considerable amount of deferred maintenance.

Located across the "singing bridge", it is on the gateway to the Hamakua Coastline. This unique location offers spectacular ocean views, and is only steps away from Downtown Hilo, a feature that guests find particularly appealing.

With a historic past, this vintage gem has 38 guest rooms with a variety of configurations. There are ocean view suites, single rooms with en-suite baths, and private rooms with shared baths. The lobby area has a large lounge that offers unobstructed views of the cruise ships coming in and out to Hilo Bay. Surrounding the hotel is a large tropical garden for guest relaxation.

The sale includes two parcels (TMK 3-2-6-2-8 & 3-2-6-2-12) with a total of 1.61 acres.

Please do not approach employees or staff about sale of this property - please only contact listing agent, and ask to see our 3D virtual tour of property!

Details

MLS#643529
Listing TypeFor Sale
Sub-TypeResale
StatusContingent
Year1920
Days On Site128

Features

SQ Feet12,151
Story(s)1
ZoningV-.75

Market Activity 96720

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Area Information
StateHI
CityHILO
Zip Code96720
AreaSouth Hilo
Listing VS Median (in 96720)
Price:
$2,000,000
low | high
Med:
$369,250
100% of Average
SqFt:
12,151
low | high
Med:
1,135
100% of Average
$ / SqFt:
$165
low | high
Med:
$332
51.863904773123% of Average
On Site:
128
low | high
Med:
46
100% of Average
Sourced by Back At You
Listing Updated: March 2, 2021 8:32:26 PM PST
Kelly Moran LogoMLS Number: 643529
Listing Provided By:
Kelly Moran  of  Hilo Brokers Ltd

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