For Sale
$2,499,999

803 Halibut Point Rd Sitka, AK 99835

Rare Waterfront Investment Opportunity: High-Income Potential

Overview

Added:
Feb 3
Days on market:
84
This exceptional Sitka, Alaska property presents a unique investment opportunity. Located at 803 Halibut Point Road, this 13,080 square foot building sits on a 0.37-acre waterfront lot offering breathtaking harbor and Mount Edgecumbe views. Currently generating substantial income with six rented residential units and two rented retail spaces, this property boasts significant upside potential. The existing configuration allows for immediate cash flow, while the layout also offers flexibility for reconfiguration to further enhance income generation. A large shop and a spacious garage provide additional rental or storage possibilities. An elevator services the second floor, adding convenience for residents and tenants. The property features a wraparound deck, ideal for enjoying the stunning waterfront views. This is a rare chance to acquire a high-yield, multi-unit property in a desirable Alaskan location with exceptional income potential and the possibility of further development. The property's size and location make it an attractive investment for both seasoned and new investors seeking a strong return on investment in a unique and beautiful setting. This is a truly exceptional opportunity not to be missed.

Property Details for 803 Halibut Point Rd

Property type
Commercial real estate
Square Feet
13,080 SF
Year Built
1974
Lot Size (sq. ft)
16,117 SF

Location Insight

City
Sitka
County
Sitka City And Borough
State
Alaska
Latitude
57.05879
Longitude
-135.348

FAQs

What type of property is this?
Commercial real estate - Rare Waterfront Investment Opportunity: High-Income Potential
Where is the commercial real estate located?
The property is located at 803 Halibut Point Rd Sitka, AK.
What is the asking price?
The asking price for this property is $2,499,999.
How can I contact the broker?
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803 Halibut Point Rd
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