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    L5-6 1 St Chitina, AK 99566

    For Sale
    $75,000

    Prime location, needs restoration, 2000 sq ft.

    Property size:
    2,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This unique 2,000 square foot property, located at L5-6 First Street in the charming Alaskan town of Chitina, presents a remarkable opportunity for the discerning investor or entrepreneur. Situated on a 0.14-acre lot, this historic building is brimming with potential. While requiring significant restoration, the substantial structure offers a blank canvas for a creative vision. Imagine transforming this landmark into a thriving business, a comfortable residence, or a combination of both. The building's size and layout provide ample space for diverse uses, allowing for customization to suit individual needs. Chitina itself is renowned for its stunning natural beauty and abundant recreational opportunities, making it an ideal location for those who appreciate outdoor pursuits. The area is particularly well-known for its exceptional hunting and fishing, attracting enthusiasts from far and wide. This property represents a rare chance to own a piece of Alaskan history and capitalize on the unique appeal of this picturesque town. The asking price of $75,000 reflects the need for renovation, offering a significant value proposition for a buyer willing to undertake the restoration project. Don't miss this chance to acquire a truly special property in a remarkable setting.

    Property Features for L5-6 1 St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,000 SF
    Lot Size
    6,098 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chitina
    County
    Copper River Census Area
    State
    Alaska
    Longitude
    -144.4374
    Latitude
    61.5148

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    Nearby Similar for Sale

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      add to these attractions.\n\nInternet and telephone via fiber optic. Additional wiring for bathroom

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    • $925,000
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      Historic Chitina Hotel - Acre Lot

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, needs restoration, 2000 sq ft.
    Where is this commercial real estate located?
    The property is located at L5-6 1 St Chitina, AK.
    What is the asking price?
    The asking price for this property is $75,000.
    (907) 376-4515
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    L5-6 1 St Chitina, AK 99566
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    L5-6 1 St Chitina, AK 99566
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