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2334 Tongass Avenue, Ketchikan, Alaska

$899,000 REDUCED 5%
  • $899,000
  • 11,256
  • .38
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Prime investment opportunity! The Galley was a locally owned & operated business that has been in the same family for 40 years. This premier restaurant location includes over 3,000 sf. A new metal roof/hood system, beer & wine license and plenty of parking. An additional 8,000+ SF/ 34 unit storage building is included to offset the mortgage.The Restaurant location is also available for lease.

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Essential Information

  • MLS® # 19-4775
  • Price $899,000
  • Square Footage 11,256
  • Acres 0.38
  • Year Built 1962
  • Type Commercial Property
  • Style Mixed Use
  • Status Active
  • Annual Tax Amount $9,257
  • Tax Year 2019

Community Information

  • Address 2334 Tongass Avenue
  • Area 565 - Ketchikan Gateway Borough - All
  • Subdivision LF B1 USS 1229
  • City Ketchikan
  • State Alaska
  • Zip Code 99901

Amenities

  • Features In City Limits, Sprinkler System

Interior

  • Heating Forced Air
  • # of Stories 1

Exterior

  • Exterior Other - See Remarks
  • Construction Wood Frame
  • Foundation Poured Concrete

Additional Information

  • Date Listed April 3rd, 2019
  • Days on Market 371
  • Zoning CG - General Commercial

Listing Details

  • Listing Office: Coastal Real Estate Group

Financials

  • $/SqFt $80

Price & Status History

Date Details
Price Reduced from $950,000 to $899,000

Neighborhood Information

Stable Population, Low Residential Turnover, Coastal Area, Large Area(s) of Government Designated Parkland

  • Icon of money $495,000

    Median Price

  • Icon of a grid layout $165

    Median Price/Sqft

  • Icon of a bar graph 97.86%

    Sale/List Ratio

  • Icon of a house 30

    # of Homes SoldWithin the Last Year

  • Icon of a person walking 58/100

    Walk Score®Somewhat Walkable

  • Icon of a raincloud 137.40″

    Annual Precipitation

  • Icon of a sun 38.40°F /64.00°F

    Avg. Highs -
    Jan/July

  • Icon of a cloud and moon 28.80°F /51.40°F

    Avg. Lows -
    Jan/July

  • Icon of a group of people 13,497

    PopulationBased on Nearest ZIP Code

  • Icon of a person 37

    Median Age

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Listing information last updated on April 8th, 2020 at 7:04am AKDT.