🏦 Get Your Mortgage or Real Estate Services Seen on Every Listing

Thousands of buyers and investors explore commercial, residential, and business listings every day on LoopingCloud.
Promote your mortgage services or real estate business directly on each listing by state, boost your visibility and connect instantly with serious prospects ready to take the next step.

Offer Your Real Estate Services Today Get started Offer Your Mortgage Services Today Get started
Published on: Wednesday, January 15, 2025
Updated on: Wednesday, May 21, 2025
About the Lister
User Profile Image
Name: Mike Elerding
Company: Coastal Keller Williams Realty Alaska Group
Office Phone: +1 (907) 247-5811
Cell Phone: +1 (907) 617-5412
Provide Your Service
Financing  Business  Material

  Exclusive Office

516 Stedman Street Ketchikan Alaska , 99901
516 Stedman Street Ketchikan Alaska                                                                                              , 99901  Coastal Keller Williams Realty Alaska Group
Listing ID: CL-Alaska-13614 Free Standing /Retail

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Alaska-13614
Status: Sold
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
Lister's other Properties
Address: 1283 Tongass Avenue , Ketchikan Alaska 99901
Listing ID: RL-Alaska-25307
Listing Type: Residential
Category: Residential Type - Condo/Townhouse
Status: Accepting Offers
Created On: 5/21/2025
Modified On: 5/21/2025
1283 Tongass Avenue , Ketchikan Alaska                                                                                               99901
Address: 3220 Timberline Court #206 , Ketchikan Alaska 99901
Listing ID: RL-Alaska-25306
Listing Type: Residential
Category: Residential Type - Condo/Townhouse
Status: Accepting Offers
Created On: 5/21/2025
Modified On: 5/21/2025
3220 Timberline Court #206 , Ketchikan Alaska                                                                                               99901
Address: 3220 Timberline Court 207 , Ketchikan Alaska 99901
Listing ID: RL-Alaska-25305
Listing Type: Residential
Category: Residential Type - Condo/Townhouse
Status: Accepting Offers
Created On: 5/21/2025
Modified On: 5/21/2025
3220 Timberline Court 207 , Ketchikan Alaska                                                                                               99901
Address: 540 Water Street #101 , Ketchikan Alaska 99901
Listing ID: CL-Alaska-14596
Listing Type: Commercial
Category: Office - Office Condo
Status: Sold
Created On: 3/19/2025
Modified On: 5/21/2025
540 Water Street #101 , Ketchikan Alaska                                                                                               99901
Address: 118 Elliot Street , Ketchikan Alaska 99901
Listing ID: CL-Alaska-14082
Listing Type: Commercial
Category: Land - Commercial
Status: Sold
Created On: 2/10/2025
Modified On: 5/21/2025
118 Elliot Street , Ketchikan Alaska                                                                                               99901
⚠ Disclaimer

LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings under financial services, business services, and material services are provided by the respective lister or service provider and are not independently verified by LoopingCloud. While believed to be accurate, the information is provided “as is” without any representations, warranties, or guarantees of any kind. LoopingCloud does not endorse, warrant, or verify the quality, accuracy, or reliability of any property details or services provided through the portal. Interested parties are encouraged to independently verify all information and consult with qualified professionals before making any decisions.