314-316 Front St - Specialty FOR SALE


Ketchikan, AK 99901
$1,495,000 USD
907-225-2545
314-316 Front St, Ketchikan, AK for Sale
$1,495,000 USD
Specialty - FOR SALE
1/32
null | Request Cap Rate

314-316 Front St
Ketchikan, AK 99901


HIGHLIGHTS

  • Heavy foot traffic
  • Close to Cruise Ship Docks
  • Well established

OVERVIEW

The Totem Bar, a long-running and popular local downtown Ketchikan lounge is now for sale. After many decades of same-family ownership, the principles have decided to retire. The Totem Bar is a profitable going concern and is located in the heart of downtown Ketchikan, and is a short walk to all of the downtown shops, restaurants and service businesses, the local cruise ship docks. Everything is included: the building & real estate, dispensary liquor license, fixtures, equipment – it all goes. The building is three stories total with the bar business on the street level and a long-term retail tenant resides on the 2nd floor. The third floor, a former restaurant, is currently unoccupied but could be an excellent downtown view apartment if remodeled, or a large office and storage area. Opportunity is knocking!

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Totem Bar

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

-

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CC

APN/PARCEL ID

01-1431-012600

ASK ABOUT THIS PROPERTY

Bill BollingGateway City Realty Inc.More Info
907-225-2545

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Bill BollingGateway City Realty Inc.More Info
907-225-2545

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.