For Sale
$1,850,000

400 Js Dr Craig, AK 99921

6,580 SF, 5 Units, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional mixed-use property in Craig, Alaska, presents a unique investment opportunity. Located on a prominent .48-acre corner lot, this 6,580 square foot building offers a blend of commercial and residential space. The building, constructed in 2018, features two ground-floor commercial units, perfect for various businesses, and three upper-level residential units boasting stunning water views. These residential units consist of two one-bedroom, one-bathroom apartments, each with its own laundry facilities, and a spacious owner's suite exceeding 1,500 square feet. The property benefits from abundant parking and is zoned for commercial use. Built with high-quality materials and energy-efficient design, this Class A building offers durability and cost savings. The ample lot size allows for potential expansion or future development. This owner/user investment opportunity provides a strong blend of rental income potential and prime commercial space in a desirable Alaska location. The asking price is $1,850,000, translating to $281.16 per square foot. This is a net lease property with three tenants currently in place. The property is a two-story building with excellent visibility and accessibility. Don't miss this chance to acquire a high-quality, mixed-use asset in a thriving Alaskan community.

Highlights

  • $1,850,000 asking price for a mixed-use property in Craig, Alaska.
  • 6,580 square feet on a 0.48-acre lot.
  • Class A building, built in 2018, with two stories and abundant parking.
  • Three commercial tenants and five residential units (two 1-bedroom/1-bath apartments and a 1,500 sq ft owner's suite).
  • Net lease, owner-user investment opportunity with broker co-op.

Property Details for 400 Js Dr

Property type
Mixed-use properties
Square Feet
6,580 SF
Class
A
Year Built
2018
Buildings
1
Stories
2
Lot Size (sq. ft)
20,909 SF
Units
5

Location Insight

City
Craig
County
Prince of Wales-Hyder Census Area
State
Alaska
Latitude
55.4762861
Longitude
-133.1337637

FAQs

What type of property is this?
Mixed-use property - 6,580 SF, 5 Units, Prime Location
Where is the mixed-use property located?
The property is located at 400 Js Dr Craig, AK.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: $1,850,000 asking price for a mixed-use property in Craig, Alaska.; 6,580 square feet on a 0.48-acre lot.; Class A building, built in 2018, with two stories and abundant parking.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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400 Js Dr
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