5-5016 KUHIO HWY, HANALEI, HI 96714

Property Description

This unique income producing property located on approximately 2.32 acres, includes five charming plantation style cottages and a well maintained building with retail and restaurant tenants with approximately 294 feet of frontage on Kuhio Hwy and bordering the Hanalei River. The Hanalei Dolphin Center, a landmark in the community, is approximately 7204 square feet is the first property you’ll see on the way to Hanalei town from Princeville. It includes 3 street front retail shops and the popular Hanalei Dolphin Restaurant and Fish Market. The five cottages are known as The Hanalei Dolphin Cottages. Four of the five cottages are currently rented as short term vacation rentals with Kauai County TVR (Transient Vacation Rental) permits in place. Three of the cottages offer 528 sq ft of living area and the two larger cottages offer 704 sqft of living area. Each cottage features two bedrooms and one full size bath and a private outdoor shower. Each Cottage has its own unobstructed view of the river in one direction and the mountains and waterfalls in the opposite direction. The property sits along the main strip of shopping, dining and other amenities that give the town of Hanalei its beloved character. The Hanalei River bordering the property is designated an American Heritage River and the famous Hanalei Bay is only a few minutes away by car or canoe. This rare opportunity awaits, have your slice of paradise today!