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$685,000

196 Heckman Street, Ketchikan
BEDS 3 BATHS 2 1/2 | MLS# 16985

Architecturally stunning, this 3 bedroom, 2.5 bath home was designed to be an almost-rural retreat right in town, w/a year-round creek behind the house. Very private setting, ... [more info]

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516 Stedman Street
Ketchikan, AK 99901
MLS# 18920
$599,000
BEDS
BATHS
SQFT
5750
ACREAGE

Michael Elerding
Realtor

phone:(907) 617-5412
office: (907) 247-5811
Mike@CoastalAK.com


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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 move at buyer’s request. Possibilities are endless. Bring your ideas

  • Area: KETCHIKAN-Downtown
  • Sq. Footage: 5750 sq. ft.
  • Bedrooms: 
  • Bathrooms: 
  • Year Built: 0

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NEW LISTING

$599,000

516 Stedman Street

BEDS:
BATHS:

MLS# 18920

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Listed By: Michael Elerding, Coastal Real Estate Group

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