Waterfront Multi-Unit Commercial
For Sale
$745,000
8229 N Tongass Hwy., Ketchikan, AK 99901
MULTI_FAMILY - Ketchikan, AK
Property SizeContact for details
Lot Size0.35 Acres
Days on Market49
Property Features for 8229 N Tongass Hwy.
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
GC-General Comm
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 7, Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 6, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 3
Window features
Wood Frames, Vinyl Frames
Patio and Porch features
Porch
Exterior features
Greenhouse
Subdivision
Not in a Subdivision
Lot features
Water Frontage
View
Water
Elementary school
Houghtaling
Middle school
Not in a Subdivision
High school
Ketchikan H.S.
Standard status
Active
Lot size
0.35 Acres
Taxes and HOA fees
Tax Description
LOT 5, BLOCK 2, U.S. SURVEY 1192
Legal Description
LOT 5, BLOCK 2, U.S. SURVEY 1192
Utilities
Heating system
Baseboard
Water front
1
Building Details
Year built
1950
Number of units
3
Roof type
Metal
Additional Structures
Greenhouse
Listing Agency:
Real Broker, LLC Juneau Home Group
(907) 227-7370
Listed By:
Christina Zaugg
(907) 227-7370
Added: Jul 6
Changed: Jul 22
Last Checked: Aug 23 at 2:06AM
MLS# 260513
Copyright © 2026 Southeast Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-unit waterfront property is offered in a commercially zoned setting and can be configured as a triplex or four-plex. Unit B includes soaring vaulted ceilings with views into the loft and a flexible floor plan that can support configurations including a 1-bedroom/1-bath, a 2-bedroom/1-bath, or a 3-bedroom/2-bath residence. The property also includes covered wraparound porches and a large greenhouse, with additional possibilities for renovation and reimagining the loft area.
Units A and C have some updates and are currently rented, providing existing occupancy within the property. The site is positioned with waterfront character and a tideland easement, and it includes an additional spacious parking area conveniently located just off Tongass Highway.
For tenants, buyers, or owner-occupants seeking a mixed-use style approach, the combination of flexible unit layouts and commercially zoned status supports a range of housing and business use concepts. The partially updated, currently rented units can help reduce turnaround needs while allowing a new owner to focus restoration and improvements on the remaining space. The covered porches, greenhouse, and on-site parking further support day-to-day livability and operational convenience.
Units A and C have some updates and are currently rented, providing existing occupancy within the property. The site is positioned with waterfront character and a tideland easement, and it includes an additional spacious parking area conveniently located just off Tongass Highway.
For tenants, buyers, or owner-occupants seeking a mixed-use style approach, the combination of flexible unit layouts and commercially zoned status supports a range of housing and business use concepts. The partially updated, currently rented units can help reduce turnaround needs while allowing a new owner to focus restoration and improvements on the remaining space. The covered porches, greenhouse, and on-site parking further support day-to-day livability and operational convenience.
Key Highlights
- Commercially zoned waterfront multi‑plex with flexibility to operate as a triplex or four‑plex
- Units A and C have some updates and are currently rented for immediate income
- Unit B offers flexible layout options: 1BR/1BA, 2BR/1BA, or 3BR/2BA
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Commercially zoned waterfront property offering flexible triplex or four-plex living with income units and outdoor amenities.
Where is this triplex located?
The property is located at 8229 N Tongass Hwy. Ketchikan, AK.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Commercially zoned waterfront multi‑plex with flexibility to operate as a triplex or four‑plex; Units A and C have some updates and are currently rented for immediate income; Unit B offers flexible layout options: 1BR/1BA, 2BR/1BA, or 3BR/2BA
