Active
516 Stedman Street
Ketchikan AK, 99901-9999
$799,000
Active
Commercial
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 move at buyer's request. Possibilities are endless. Bring your ideas
18920
MLSⓇ ID
October 6, 2018
Listed
December 31, 2024
Updated
Map
516 Stedman Street
Ketchikan AK, 99901-9999
Interior Features
Interior Features
Private Bathrooms
Floor Description
Laminate Flooring, Carpet
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Exterior Features
Paved Lot
Roof
Metal
Sewer
Public Water
Other Property Details
Area Name
KETCHIKAN-IN CITY
Garage
No
Parking Total
5
View
No
Pool
No
Zoning
CG
Listing History
Date | Event | Price |
---|---|---|
4/4/2024 | Price change | $799,000 33% |
Courtesy of Coastal Keller Williams Realty Alaska Group, Michael Elerding
Listing Contact:
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