516 Stedman Street,Ketchikan, AK 99901
Ketchikan, AK 99901
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!
Details
| MLS # | 19-8429 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1988 |
| Days On Site | 2646 |
| Listing Provided By | Coastal Realty, Alaska Group | Michael Elerding |
Features
| SQ Feet | 5,750 |
|---|---|
| Story(s) | 3 |
| Zoning | CG - General Commercial |
| Acreage | 0.07 |
Interior
| Heating | Baseboard, Oil |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Metal Siding, Wood Frame - 2x6 |
| Foundation Details | Poured Concrete |
| Exterior Sp Finish Co Exterior Sp Finish | Wood |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 5500 |
|---|---|
| Tax Year | 2019 |
| Tax Map Number | N/A |
| Tax Legal Description | L8 B27 USS 437 |
Area Information
| State | AK |
|---|---|
| City | Ketchikan |
| Zip Code | 99901 |
| Area | 2C Ketchikan Gateway Borough |
| Subarea | Ketchikan Gateway Borough All |
| Listing VS Median (in 99901) | |
Price: $799,000 low | high Med: $465,000 sqft: 5,750 low | high Med: 1,332 $ / sqft: $139 low | high Med: $349 On site: 2646 low | high Med: 327 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Ketchikan |
| Zip Code | 99901 |
| Area | 2C Ketchikan Gateway Borough |
| Subarea | Ketchikan Gateway Borough All |
| Listing VS Median (in 99901) | |
Price: $799,000 low | high Med: $465,000 sqft: 5,750 low | high Med: 1,332 $ / sqft: $139 low | high Med: $349 On site: 2646 low | high Med: 327 | |
