82-6151 Mamalahoa HWY, Captain Cook, HI 96704
Dale C. Titcomb
Dale C. Titcomb

Real Estate Advisor | License ID: RS-34254

+1(808) 478-8534

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Listed by Standard Management LLC
Bought with Non-MLS

$ 3,700,000

$ 4,750,000 22.1%

Est. payment /mo
Sold on 08/05/2026

82-6151 Mamalahoa HWY Captain Cook, HI 96704

UPDATED:

Key Details

Sold Price $3,700,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Kealakekua

MLS Listing ID 202601722

Sold Date 08/05/26

Construction Status Good Condition

HOA Y/N No

Year Built 1917

Annual Tax Amount $23,822

Property Sub-Type Industrial

Property 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.

Location

State HI

County Hawaii

Community Other

Area S. Kona

Interior

Cooling None

Flooring Concrete, Wood

Fireplace No

Exterior

Parking Features On Site, Unassigned

Community Features Other

Utilities Available Electricity Available, Natural Gas Available

Building

Story 3

Entry Level Two,Three Or More

Sewer Cesspool

Level or Stories Two, Three Or More

Construction Status Good Condition

Others

Tax ID 3-8-2-015-019-0000

Financing Cash,Conventional

Special Listing Condition None

Hawaii Central MLS (HiCentralMLS)

NEARBY SCHOOLS & PROPERTIES

Dale C. Titcomb

Dale C. Titcomb

Real Estate Advisor | License ID: RS-34254

+1(808) 478-8534

GET MORE INFORMATION

Name
Phone*
Message

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82-6151 Mamalahoa HWY