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Mixed-Use Building with Apartments
For Sale
$475,000

808 Water Street, Ketchikan, AK 99901

A ground-floor restaurant and two upstairs apartments combine commercial and residential space in one property.

Property Size2,354 SF
Price / SF$201.78
Days on Market13

Property Features for 808 Water Street

General Information

Standard status Active
Size 2,354 SF
Property subtype Mixed Use

Additional Details

Road Access Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,876

Building Details

Building Size 2,354 SF
Year Built 1920
Buildings 1
Listing Agency: Coastal Realty, Alaska Group
Listed By: Terral Wanzer
Source: Coastalak
Added: Sep 25 Changed: Sep 29 Last Checked: Oct 5 at 3:06PM

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.

This 2,354-square-foot mixed-use building, constructed in 1920, has a restaurant on the main floor and two residential apartments above. The configuration brings retail or restaurant space together with residential units under one roof.

At 808 Water Street in Ketchikan’s Newtown district, the property sits across from cruise ship berth IV, along a corridor where visitors walk during the season. The existing restaurant is Pizza Mill.

Key Highlights

  • 2,354‑square‑foot mixed‑use building built in 1920
  • Pizza Mill restaurant occupies the main floor
  • Two residential apartments are located on the upper level

Property Analytics

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Current Use

Pizza Mill Restaurant

Lease Details

2
Residential units
Yes
Paved road access

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - A ground-floor restaurant and two upstairs apartments combine commercial and residential space in one property.
Where is this mixed-use property located?
The property is located at 808 Water Street Ketchikan, AK.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,354‑square‑foot mixed‑use building built in 1920; Pizza Mill restaurant occupies the main floor; Two residential apartments are located on the upper level
More about this property
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