Published on: Wednesday, January 15, 2025
Updated on: Thursday, March 20, 2025
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About the Lister
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Name: Mike Elerding
Company: Coastal Keller Williams Realty Alaska Group
Office Phone: +1 (907) 247-5811
Cell Phone: +1 (907) 617-5412
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516 Stedman Street Ketchikan Alaska , 99901
516 Stedman Street Ketchikan Alaska                                                                                              , 99901  Coastal Keller Williams Realty Alaska Group
Listing ID: CL-Alaska-13614

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Alaska-13614
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1988
Building Size: 5,750.00 SqFt
Lot Size: N/A
No of Stories: 3
No of Parking: 5
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
***Listing ID #19-8429*** This retail location on Stedman St is home to the Local Paper and Home Office.
Complete Details
Year Build: 1988
Building Size: 5,750 SqFt.
No of Stories: 3
Total Lot Area: N/A SqFt.
No of Parking: 5
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating Only
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Metal
Occupancy: 0%
Full Description
This retail location on Stedman St is home to the Local Paper and Home Office. Built in 1988 this 3-story building has 5 off street parking and boasts 5,750 sq ft of rental space. Each floor of this building is individually metered for electrical and has separate lockable access. A central staircase on the right-hand side of the building accommodates access to all 3 floors. There is a unique rock feature built into the staircase that provides an Alpine feel to the central stairwell. The third floor is vacant and ready to rent. Third floor features include 2 private offices, a kitchenette, 2 private bathrooms and a deck/viewing area located in the front of the building. The property is zoned General Commercial. The 1st and 2nd floor are owner occupied and consist of 1,572 and 1,994 rentable space respectively. Annual Gross Rental income for the first two floors is $48,000.00. The third floor has 2,104 SF of rentable floor space. The building can be used for commercial retail/office space or can be easily converted to residential condos or employee housing. Existing owner/tenant are willing to stay and continue to lease or will mov eat buyer’s request. Possibilities are endless. Bring your ideas!
Additional Properties
Features
  • Heating System : Baseboard, Oil
  • Longitude : W132° 21' 41.7'' - Latitude : N55° 20' 23.1''
  • Property Zoning : CG - General Commercial
  • Taxes : $5,500
  • Lot Area : 0.08 Acre
Listing Location
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540 Water Street #101 , Ketchikan Alaska                                                                                               99901
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118 Elliot Street , Ketchikan Alaska                                                                                               99901
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3818 Fairview Avenue , Ketchikan Alaska                                                                                               99901
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540 Water Street #302 , Edna Bay Alaska                                                                                               99901
Address: 930 Carlanna Lake Road #A13 , Ketchikan Alaska 99901
Listing ID: RL-Alaska-13622
Listing Type: Residential
Category: Residential Type - Condo/Townhouse
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Created On: 1/15/2025
Modified On: 3/19/2025
930 Carlanna Lake Road #A13 , Ketchikan Alaska                                                                                               99901