Property profile

3310 Nina Way Dillingham, AK 99576

OFF-MARKET
Commercial real estate
3,692 SF 0.49 ac lot Built 2017
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Property summary

AI-generated overview

This exceptional 3,692 square foot commercial property located at 3310 Nina Way, Dillingham, AK, presents a unique investment opportunity. Currently operating as a closed restaurant, "The Rack," this turnkey establishment boasts a highly desirable location near the Dillingham airport, ensuring consistent exposure to both local residents and tourists. Built in 2017, the building is in excellent condition and features a modern, fully equipped kitchen ready for immediate operation. Stainless steel appliances, ample walk-in coolers and freezers, and a large deck are just some of the key features. The sale includes all existing appliances, furniture, and a commercial generator, minimizing start-up costs and maximizing efficiency for a new owner. The 0.49-acre lot provides ample space for potential expansion or outdoor seating. This is an ideal opportunity for an experienced restaurateur or a new entrepreneur looking to establish a successful business in a vibrant Alaskan community. The property's prime location and complete operational readiness make it a truly exceptional investment prospect. The asking price is $599,900. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Year built 2017
Total area 3,692 SF
Lot 0.49 ac (21,344 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3310 Nina Way Dillingham, AK 99576
Dillingham metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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