This is THE LOCATION at the corner of STERLING HWY and DIAMOND RIDGE RD! 11.46 acres leveled and filled. This site is ready to go! Power and natural gas available. PLUS a 2 BEDROOM HOME that could be subdivided off, resold or used as a base of operations. The parcels are Zoned Industrial Mixed Use which allows for many uses-light/ heavy industrial, commercial, residential, institutional or publicCurrently the owners occupy the secluded home. The primary value is in the land however the home is independent and privately accessed by a separate driveway. The owners have a lease on a portion of the vacant land with Anchorage Sheds. income is $1000/month and the lease may be cancelled with 6 months notice from either party. There is a huge area that could also be land leased although the property calls for a commercial development-retail, RV, shop facilities, etc... The Borough installed a 10000 gallon water tank several years ago to supplement fire fighting in area and they are no longer using it, and that is available as a secondary water source. NE corner of the aggregated property has good soils for septic. Covenants may be easily amended or eliminated since the Sellers are the majority owners required to do so...
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- MLS® # 19-12100
- Price $1,250,000
- Square Footage 1,632
- Acres 11.46
- Year Built 1984
- Type Commercial Property
- Style Mixed Use
- Status Active
- Features Automotive Allowed, Living Quarters, Corner Lot
- View Inlet, Mountains, Partial
- Heating Radiant, Stove
- # of Stories 2
- Date Listed July 19th, 2019
- Days on Market 263
- Zoning RMKS - See Remarks
- Listing Office: Homer Real Estate
- $/SqFt $766
Moderate Residential Turnover, Coastal Area
# of Homes SoldWithin the Last Year
Avg. Highs -
Avg. Lows -
PopulationBased on Nearest ZIP Code
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Listing information last updated on April 5th, 2020 at 8:49am AKDT.
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