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124.3 Tok Cutoff, Tok, Alaska

$650,000
  • $650,000
  • 26,868
  • 9.09
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Golden Bear Motel is a remarkable opportunity for someone desiring to move away from the big city hustle and bustle. It is located in the first town you come to after driving through Canada into Alaska. Beautiful, mature trees abound throughout the property, adding to the appeal for tourists. There are endless possibilities with this property and NO local or state taxes.We have a great deal of information and many photos. There are 60 rooms throughout 6 buildings, each with a specific room layout; from the efficiencies to those designed specifically for the needs of bus tours. The RV Park has 46 +/- RV spaces: 14 are full service with septic, water, and electric and 22 with water and electric; 10 spaces are dry and would be ideal for campsites. There are wooden picnic tables as well as a dump station for RVs. There are living quarters, a restaurant, a separate house, multiple buildings, and a shop full of tools and parts. There is a shower house and a building for laundry. All furniture, fixtures and equipment are conveyed with the sale. The Golden Bear Motel has catered to a number of tour bus businesses over the years. Tour groups would spend the night and enjoy their meals at the restaurant. Additional travelers on the Alcan Highway fill any vacant rooms and the RV Park. Bus traffic continues and accounts for a significant volume of occupancy. An owner/operator can now utilize social media, travel platforms such as Airbnb, VRBO, and TripAdvisor. To our knowledge, the prior owner never took advantage of any of the travel industry booking platforms. As with most winters, the hotel is now closed, but has been continually open during the tourist season for many years. Keeping the main lodge open in the winter has the potential to attract outdoor enthusiasts who enjoy snowmobile adventures and other winter activities.

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Essential Information

  • MLS® # 19-18137
  • Price $650,000
  • Square Footage 26,868
  • Acres 9.09
  • Type Commercial Property
  • Style Mixed Use
  • Status Active

Community Information

Amenities

  • Features Corner Lot, DSL/Cable Available, In City Limits, Living Quarters, On-Site Parking, Other - See Remarks, Restroom(s)-Private, Stand Alone Unit, Buried Fuel Tank, HW Heater - Elec, Restroom(s)-Handicap
  • Parking Spaces 100
  • View Territorial

Interior

  • Heating Forced Air, Other - See Remarks, Monitor

Exterior

  • Exterior Metal, Wood, Log
  • Roof Asphalt/Comp Shingle, Composition, Metal, Shingle
  • Construction Wood Frame, Log
  • Foundation Concrete Block, All-Weather Wood, Sono Tubes

Additional Information

  • Date Listed November 5th, 2019
  • Days on Market 161
  • Zoning UNZ - Not Zoned

Listing Details

  • Listing Office: Alaska Commercial Properties

Financials

  • $/SqFt $24

Neighborhood Information

Low Residential Turnover

  • Icon of money $300,000

    Median Price

  • Icon of a grid layout $86

    Median Price/Sqft

  • Icon of a bar graph 97.65%

    Sale/List Ratio

  • Icon of a house 6

    # of Homes SoldWithin the Last Year

  • Icon of a person walking N/A

    Walk Score®

  • Icon of a raincloud 8.60″

    Annual Precipitation

  • Icon of a sun -5.50°F /73.80°F

    Avg. Highs -
    Jan/July

  • Icon of a cloud and moon -22.30°F /44.90°F

    Avg. Lows -
    Jan/July

  • Icon of a group of people 2,086

    PopulationBased on Nearest ZIP Code

  • Icon of a person 30

    Median Age

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Listing information last updated on March 29th, 2020 at 3:19pm AKDT.