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    318 Mission St Ketchikan, AK 99901

    Sponsored
    For Sale
    $739,000

    Profitable Downtown Art Gallery, Turn-Key Operation

    Property size:
    2,386 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional business opportunity presents the chance to acquire Ketchikan's most iconic art gallery, a thriving, year-round enterprise operating in the same downtown location for over 50 years. Priced at $739,000, this turnkey operation includes a well-established brand, all furniture, fixtures, framing equipment and supplies, computers, software, and a fully functional website. A long-term lease is provided. The gallery showcases a curated selection of exclusive artists, handcrafted jewelry, and unique gift items, establishing a distinct market position. As the island's only custom framing shop, it enjoys a loyal local clientele and benefits from the annual influx of up to 1.5 million visitors. The business boasts a strong local presence, a historic reputation, and has twice been named Business of the Year, participating actively in community events and art walks. The $739,000 list price comprises a $350,000 base price (including all equipment, software, website, brand, and lease) plus the inventory value at closing. This represents a unique opportunity to own a piece of Alaskan history in a vibrant, high-traffic downtown location. The 2,386 square foot gallery sits on a 0.08-acre lot at 318 Mission Street, Ketchikan, AK. This is a rare chance to own a well-respected business that is a cornerstone of Ketchikan's art scene.

    Property Features for 318 Mission St

    General Information

    Property type
    Investment properties
    Square Feet
    2,386 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    AERO SERVICES Transportation Service Arctic Spirit Gallery Art Gallery Scanlon Gallery & Custom ... Art Gallery

    Map

    City
    Ketchikan
    County
    Ketchikan Gateway Borough
    State
    Alaska
    Longitude
    -131.646
    Latitude
    55.34132

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    FAQs

    What type of property is this?
    Investment property - Profitable Downtown Art Gallery, Turn-Key Operation
    Where is this investment property located?
    The property is located at 318 Mission St Ketchikan, AK.
    What is the asking price?
    The asking price for this property is $739,000.
    (907) 247-5811
    Request Owner's contact information
    318 Mission St Ketchikan, AK 99901
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    Ketchikan, AK 99901
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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. 

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    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
    318 Mission St Ketchikan, AK 99901
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