Additional details

$420,000
Est. payment /mo
3,245 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,245 sqft
Price per Sqft $129
MLS Listing ID 25-12736
Construction Status Existing Structure
Lot Size 2,221 Sqft
Acres 0.05
Source Alaska Multiple Listing Service
Property Description
Rare opportunity to own a mixed-use property with reliable rental income and the chance to take over an established commercial restaurant. This versatile building features two fully-leased residential units, and one short term rental above a fully equipped restaurant space on the ground floor, offering strong street presence in a high-traffic location. The restaurant, currently in operation, is available for purchase along with the property ideal for an owner-operator ready to step into a turnkey business or an investor seeking additional cash flow potential.
Positioned in a vibrant neighborhood close to retail, and other amenities, this property offers long-term upside with the unique advantage of owning both the real estate and the business.
Positioned in a vibrant neighborhood close to retail, and other amenities, this property offers long-term upside with the unique advantage of owning both the real estate and the business.
Location
State AK
Area 567 - Mitkof Island & Vicinity
Zoning COM - Commercial (Unofficial)
Direction On the south side of downtown Petersburg, a small walk across the parking lot from the borough offices.
Interior
Flooring Carpet
Exterior
Roof Type Metal
Accessibility , Paved
Building
Foundation Pilings
Lot Size Range 0.05
Sewer Public Sewer
New Construction No
Construction Status Existing Structure
Others
Tax ID 01007381 and 01007385
Acceptable Financing Conventional
Listing Terms Conventional
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