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243 Main Street, Seldovia, Alaska

$765,000
  • $765,000
  • 5,223
  • .58
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This gorgeously situated 11 room hotel is located right on the small boat harbor, enjoying the expanse of 3 lots facing south and the bay in the heart of Seldovia.Newly remodeled in 2014 this property has all new furnishings and finishes in each of the 11 guest rooms, new siding and roofing on the exterior, renewed decking and extended deck seating along the waterfront and a brand new..There is so much to see and so much to tell about this fabulous waterfront hotel and restaurant in Seldovia! Newly remodeled and completely updated, upgraded and enhanced property is ready to become the destination hotel of the Kenai Peninsula! All rooms have been renovated with many new furnishings, finish work and linens to create a welcome haven for any traveler, fisherman or visitor to Seldovia! The rooms have incredible views of the harbor, bay and mountains beyond! Situated in the heart of the community, the Boardwalk Hotel has become the central meeting place for many locals and visitors alike! The location is prime, with great sun, views and easy access to the harbor, airport and all of Main Street, trails, beaches and the school! The restaurant has both indoor and outdoor covered as well as sunny deck seating! Rain or shine there is a great place to enjoy the delicious menu! There is a full bar as the owners have secured a hotel/motel liquor license, so that folks can enjoy a beer, wine or drink during lunch and dinner! The kitchen is newly built in the last 6 years, and was expanded two years ago in order to handle the popularity of the restaurant! Property is being sold turn-key, with the exception of personal items, artwork and some special furnishings. A list of those items that do not convey will be made available to the Buyer. The sellers have built an amazing business, earned the title of Business of the Year and have become a "go to" place in town for the locals as well as visitors to our community. Most of the hard work is done! The property is gorgeous and ready to grow! There is definitely room to increase revenues by expanding the season, increasing occupancy rates and promoting this destination state-wide. The owners are selling this amazing property as they work towards retirement. They realize it will take a special buyer with big dreams, plans and desire to work hard in order to continue to create a successful life/business at the Boardwalk Hotel Pub and Grill in Seldovia. The sellers will continue to run the property as they have for the last 6 years, full time restaurant in the summer months, and keeping the hotel open in the winter, until the right Buyer, who sees this amazing opportunity comes along!

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Essential Information

  • MLS® # 19-13590
  • Price $765,000
  • Square Footage 5,223
  • Acres 0.58
  • Year Built 1981
  • Type Commercial Property
  • Style Mixed Use
  • Status Active

Community Information

Amenities

  • Features DSL/Cable Available, Fencing, In City Limits, On-Site Parking, Restroom(s)-Private, Floor Drain(s), Living Quarters, Loading Dock, Master Meter - Elec, Security System, Sprinkler System, Wtrfrnt-Actual Frntg
  • Parking Spaces 15
  • View Bay, City Lights, Mountains, Unobstructed, Ocean

Interior

  • Heating Baseboard
  • # of Stories 2

Exterior

  • Exterior Metal, Wood
  • Roof Metal, Asphalt/Comp Shingle
  • Construction Wood Frame - 2x6
  • Foundation All-Weather Wood, Poured Concrete

Additional Information

  • Date Listed August 8th, 2019
  • Days on Market 247
  • Zoning CM - Commercial Marine

Listing Details

  • Listing Office: Seldovia Property

Financials

  • $/SqFt $146

Neighborhood Information

  • Icon of money $310,000

    Median Price

  • Icon of a grid layout $207

    Median Price/Sqft

  • Icon of a bar graph 94.39%

    Sale/List Ratio

  • Icon of a house 9

    # of Homes SoldWithin the Last Year

  • Icon of a person walking N/A

    Walk Score®

  • Icon of a raincloud N/A

    Annual Precipitation

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    Avg. Highs -
    Jan/July

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    Avg. Lows -
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  • Icon of a group of people N/A

    PopulationBased on Nearest ZIP Code

  • Icon of a person N/A

    Median Age

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Listing information last updated on April 8th, 2020 at 12:49pm AKDT.