210 4 AveSeward, AK 99664

This exceptional retail property at 210 Fourth Avenue in Seward, Alaska, presents a lucrative investment opportunity. The 12,228 square-foot building sits on a 0.21-acre lot (APN: 14911006, 14911034) in the Central Business District (CBD) zoning area. Currently housing a well-established gift shop operating for 42 years, this business boasts a 5-star Trip Advisor rating and is the largest of its kind in the state. The property includes 11,350 square feet of prime retail space and a recently renovated, nearly 1,000 square-foot apartment. The business generates an approximate annual gross revenue of $1.7 million, despite operating only seasonally. Seward's robust tourism industry, fueled by over 100 cruise ship dockings in 2024 and projected growth with a new dock completion in 2025, ensures continued high demand. The asking price is $8,300,000, translating to $678.77 per square foot. This presents a rare chance to acquire a thriving, established business with significant growth potential in a prime Alaskan location. The property's size and location within the CBD zone offer flexibility for future expansion or adaptation to other retail ventures. This is a turnkey operation ready for a new owner to step in and capitalize on the existing success and future growth opportunities.