For Sale
$550,000

1860 Richardson HwyValdez, AK 99686

High-traffic location, expansion potential.

Overview

Added:
Feb 3
Days on market:
60
This exceptional commercial property, located at 1860 Richardson Highway in Valdez, Alaska, presents a unique investment opportunity. The property encompasses over two acres of mostly cleared, level land situated on a prominent corner lot at the intersection of Richardson Highway and Airport Road, approximately three miles from Valdez's city center. The main structure is a 2,280 square foot convenience store and laundry facility, complemented by a 400 square foot office building. Fuel infrastructure includes gas pumps installed in 2018, servicing two above-ground fuel tanks: a 10,000-gallon unleaded gasoline tank and a 10,000-gallon split tank (5,000 gallons diesel and 5,000 gallons premium gasoline). Additional buildings on the site, a 3,750 square foot bar building and a 1,580 square foot liquor store building, are currently used for storage and require repairs. A 600 square foot storage shed and a 12' x 60' three-bedroom mobile home, currently rented, are also included. The asking price of $550,000 does not include existing inventory or fuel in the tanks. Detailed financial performance data, in the form of recent profit and loss statements, are available upon execution of a non-disclosure agreement by prospective buyers. This property offers significant potential for expansion and growth in a high-demand location.

Property Details for 1860 Richardson Hwy

Property type
Square Feet
2,280 SF
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Valdez
County
Chugach Census Area
State
Alaska
Latitude
61.12418
Longitude
-146.2675
1860 Richardson Hwy, Valdez, Alaska

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1860 Richardson Hwy
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