Property

Captain Cook, HI 96704 82-6151 Mamalahoa Highway

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Presented By: Standard Management LLC; (808) 208-8107
  • MLS# 202601722
  • 01/27/2026
  • Request Tour
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  • SQFT • 26,621

Home Details

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.
Presented By: Standard Management LLC; (808) 208-8107

Interior Features for 82-6151 Mamalahoa Highway

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
FlooringConcrete, Wood
Total Stories3

General for 82-6151 Mamalahoa Highway

AttributionContact(808) 208-8107
Building FeaturesPrivate Restrooms, Public Restrooms
Building NameN/A
Business NameManago Hotel
Business TypeHotel/Motel
CityCaptain Cook
Community FeaturesOther
Construction MaterialsBlock, Concrete, Wood Frame
CoolingNone
CountyHawaii
DisclosuresNone
IslandHawaii
Land TenureFeeSimple
Lease TypeOther
LevelsTwo, Three Or More
MLS AreaS. Kona
ModificationTimestamp2026-01-28T02:32:26.043-00:00
Net Operating Income987712
Number Of Units Total64
PostalCityCaptain Cook
Property ConditionGood Condition
Property SubtypeIndustrial
Property TypeCommercial Sale
SewerCesspool
Standard StatusActive
StatusActive
Stories Count3
Subdivision NameKEALAKEKUA
Tax Annual Amount23822.52
Tax Assessed Value2075500
Tenant PaysOther Tax
UtilitiesElectricity Available, Natural Gas Available
Year Built1917
Year Established1917
Zoning DescriptionNeighbor Island - See Remarks

Exterior for 82-6151 Mamalahoa Highway

Building Area Total26621
Lot Size Area104343
Parking FeaturesOn Site, Unassigned
Road Frontage TypeCity Street

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Vardit Hacmon

Real Estate Agent
Price $5,750,000
MLS#202601722
List Date 01/27/2026
Property Type Commercial
Phone 808.232.3453
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