Ketchikan, AK 99901,5581 N Tongass HWY
Ketchikan, AK 99901,5581 N Tongass HWY
Ketchikan, AK 99901,5581 N Tongass HWY
Additional details
$1,460,000
Est. payment /mo
8 Beds
5 Baths
4,938 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,938 sqft

Price per Sqft $295

MLS Listing ID 25-14549

Bedrooms 8

Full Baths 4

Half Baths 1

Construction Status Existing Structure

Year Built 1975

Annual Tax Amount $9,880

Lot Size 1.996 Acres

Acres 2.0

Source Alaska Multiple Listing Service

Property Description

A rare investment and redevelopment opportunity along one of Ketchikan's most desirable waterfront corridors. This unique offering includes three separate parcels totaling just under 2 acres, positioned on a prominent peninsula with 808 feet of waterfrontage and 2.48 acres of leased tidelands. Located between Downtown Ketchikan and Ward Cove—both home to cruise ship berths—the site provides exceptional visibility, access, and long-term potential. The improved parcels include two duplex structures. 5579 N. Tongass was built in 1950 and is approximately 2,595 sq ft, this stone constructed duplex features a 3BR/2BA upper unit and a 1BR/1BA lower unit + storage.
5581 N. Tongass is also a duplex, built in 1975 that includes a 3BR/2.5BA upper unit a a 1BR/1BA lower unit. Similar to the neighboring building , these improvements exhibit deferred maintenance and present an opportunity for substantial renovation or redevelopment. Adjacent to the residential structures is a vacant waterfront parcel zoned Heavy Industrial, adding versatility for future use and enhancing the sites appeal for commercial, marine-oriented, or mixed-use development concepts. With its expansive shoreline, prime location along the North Tongass corridor, and proximity to major visitor hubs, this property is ideally suited for a buyer looking to reimagine the site, change the existing use or completely redevelop the property. few offerings combine this amount of land, waterfront, and strategic positioning-making this a standout opportunity in the Ketchikan market.

Location

State AK

Area 565 - Ketchikan Gateway Borough - All

Zoning IH - Heavy Industrial

Direction 5 miles north of downtown just past the car wash

Interior

Heating Baseboard, Oil

Flooring Linoleum, Carpet

Exterior

Parking Features Attached

Garage Spaces 3.0

Garage Description 3.0

Waterfront Description Oceanfront

View Ocean

Roof Type Metal

Topography Level

Building

Lot Description Level

Foundation Poured Concrete

Lot Size Range 2.0

Sewer Septic Tank

New Construction No

Construction Status Existing Structure

Schools

Elementary Schools Point Higgins

Middle Schools Schoenbar

High Schools Ketchikan

Others

Tax ID 013230049000


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Alaska MLS
Listed by Coastal Keller Williams Realty Alaska Group

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Danielle Kiser

Danielle Kiser

+1(907) 244-8796

REALTOR® | License ID: 188938

REALTOR® License ID: 188938

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