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5120 S Big Lake Road, Big Lake, Alaska

$2,700,000
  • $2,700,000
  • 14,000
  • 17.52
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The view and investment of a lifetime on Big Lake!! This property and listing comes with more than you can imagine. Ohana Marina is a fantastically successful locally owned and operated business right on Big Lake! The business houses and winterizes boats, jet skis, and many others. The on-site shop takes care of maintenance and repairs.This sale includes the approximate 14 linear footage water frontage with 25 floating docks, a boat launch with a 7500 gallon double walled fuel storage tank, and all inventory within the business. The expansive main building boasts approximately 14,000 square feet! The building includes an office downstairs, retail sale area, show room, shop, parts department, storage, and several bathrooms along with multiple franchises. Upstairs of the main building there's MORE; with an apartment, a second office space, and a large area that could be used for a variety of purposes! The list goes on and on. Inside this building you will also find the excellent restaurant of Pizza Thyme and Aardvark Catering. With this unimaginable opportunity also includes 7 condos right next door on subject property that may be sold immediately and are fully rented bringing in approximately $9100 per month. You also can't forget the remaining vacant land that is potentially approved for up to 70 more condos. Last, but certainly not least, is the 120 boat storage right across the street along with an additional 3 acres. The road on the property including the parking spaces and Marina lot are newly paved as of this last Summer 2019. This investment is truly one of a kind and to say it is an incredible opportunity would be putting it lightly. OWNER FINANCE PREFERRED by seller. There is much more value to be discussed and disclosed. Please contact us to find out all of the financials and other details! Don't miss the chance to own something so expansive and beautiful that speaks to the heart of Big Lake!

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Essential Information

  • MLS® # 20-1563
  • Price $2,700,000
  • Square Footage 14,000
  • Acres 17.52
  • Type Commercial Property
  • Style Mixed Use
  • Status Active

Community Information

Amenities

  • Features On-Site Parking, Restroom(s)-Private, Wtrfrnt-Actual Frntg
  • View Mountains, Lake

Additional Information

  • Date Listed February 5th, 2020
  • Days on Market 64
  • Zoning C - Commercial (re: Cities Wasilla/Houston)

Listing Details

  • Listing Office: 360 N. Realty LLC

Financials

  • $/SqFt $193

Neighborhood Information

  • Icon of money $225,000

    Median Price

  • Icon of a grid layout $225

    Median Price/Sqft

  • Icon of a bar graph 95.89%

    Sale/List Ratio

  • Icon of a house 78

    # of Homes SoldWithin the Last Year

  • Icon of a person walking 3/100

    Walk Score®Car-Dependent

  • Icon of a raincloud N/A

    Annual Precipitation

  • Icon of a sun N/A

    Avg. Highs -
    Jan/July

  • Icon of a cloud and moon N/A

    Avg. Lows -
    Jan/July

  • 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 10th, 2020 at 5:04am AKDT.