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Mixed-Use Property with Water Views
For Sale
$637,000
Pending

1440-1450 Tongass Ave, Ketchikan, AK 99901

Seven apartments and three ground-level commercial spaces create a combined residential and business configuration.

Property Size5,943 SF
Days on Market154

Property Features for 1440-1450 Tongass Ave

General Information

Standard status Pending
Size 5,943 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence could benefit from some TLC and updating

Additional Details

Multifamily Units 7

Amenities

shared coin-operated laundry

Building Details

Year Built 1950
Tenancy Multi
Listing Agency: Coastal Realty, Alaska Group
Listed By: Hilary Robbins
Source: Seehomesinalaska
Added: Mar 30 Changed: Aug 28 Last Checked: Aug 29 at 10:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastal Realty, Alaska Group

Investment Insights

Based on property information with market context.

Built in 1950, this 5,943-square-foot mixed-use property combines seven residential units with three ground-level commercial spaces. The residential component includes 10 bedrooms and 7 bathrooms, while many units offer water views. Two shared coin-operated laundry areas are located on-site for tenant use.

The property is positioned near local shops, restaurants, and the waterfront in a central in-town setting. Its street-level commercial component complements the residential units and provides a flexible mixed-use layout. The building would benefit from TLC and updating, giving a future owner the opportunity to improve the existing improvements while retaining the property’s established character.

Key Highlights

  • 7 residential units with 10 bedrooms and 7 bathrooms
  • 3 ground‑level commercial spaces
  • 5,943 SF mixed‑use building

Property Analytics

Current Use

Mixed-use properties

Lease Details

7
Residential units
Multi-tenant
Tenancy

Location Intelligence

Demographics for 99901, AK

13,942
Population
6,659
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
95%
High-School Grad
1,958.9 sq mi
ZIP Area
7
Density / Sq Mi
$89,155
Median Household Income
$49,493
Median Earnings
$1,388
Median Rent
$379,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Seven apartments and three ground-level commercial spaces create a combined residential and business configuration.
Where is this mixed-use property located?
The property is located at 1440-1450 Tongass Ave Ketchikan, AK.
What is the asking price?
The asking price for this property is $637,000.
What are key features of this property?
This property features: 7 residential units with 10 bedrooms and 7 bathrooms; 3 ground‑level commercial spaces; 5,943 SF mixed‑use building
More about this property
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