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516 Stedman Street Ketchikan, AK 99901

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For Sale
$799,000

Three-story mixed-use building with retail and office space.

Property size:
5,750 SF
Added:
Jan 12, 2026
Days on Market:
79
Last Refresh:
Mar 31 at 10:24 am

Property Features for 516 Stedman Street

General Information

Standard status
Active
Size
5,750 SF
Property subtype
Other

Building Details

Year Built
1988

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Listing Contact
Michael Elerding

Listing agent Michael Elerding

Listing office Coastal Keller Williams Realty Alaska Group

Listing date Jan 12, 2026

Source Xome

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 Keller Williams Realty Alaska Group


Overview

Mixed-Use Building on Stedman Street

Located on Stedman Street, this three-story building, constructed in 1988, offers 5,750 square feet of rental space. The property includes five off-street parking spaces. Each floor is individually metered for electrical service and features separate lockable access. A central staircase, enhanced by a rock feature, provides access to all three floors. The third floor, which is currently vacant and ready for rental, includes 2 private offices, a kitchenette, 2 private bathrooms, and a deck with a viewing area at the front. The property is zoned General Commercial, allowing for various business uses. The first and second floors are owner-occupied and have 1,572 and 1,994 square feet of rentable space, respectively. The annual gross rental income for the first two floors is $48,000. The third floor provides 2,104 square feet of rentable floor space. The building can be used for commercial retail or office space and may be converted to residential condos or employee housing. The existing owner is willing to stay and continue to lease or move at the buyer's request.
Location Intelligence

Current Use by Public Records

The Local Paper (Bike/Boat/Book/etc) Store KFMJ Radio Station

Map

City
Ketchikan
County
Prince of Wales-Hyder
State
Alaska
Longitude
-131.6384169
Latitude
55.339586

FAQs

What type of property is this?
Retail space - Three-story mixed-use building with retail and office space.
Where is this retail space located?
The property is located at 516 Stedman Street Ketchikan, AK.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: High Rental Income Potential: Existing gross rental income of $48,000 annually from the first two floors.; Flexible Zoning: Zoned General Commercial, allowing for retail, office space, or conversion to residential condos/employee housing.; Sizeable Rental Space: A total of 5,750 sq ft of rentable space across three floors.
More about this property
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