200 Chief John Lott St Petersburg, AK 99833
- Commercial real estate
- 3,950 SF
- 0.24 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 200 Chief John Lott St
- Lot size
- 0.24 lot acres
- Property size
- 3,950 SF
- Property type
- Commercial real estate
Description
This exceptional Petersburg, AK commercial property offers a lucrative investment opportunity. Spanning 3,950 square feet on a 0.24-acre lot at 200 Chief John Lott Street, this established business includes a thriving bar and liquor store with a valuable, included liquor license. The property's significant value is further enhanced by a fully equipped commercial kitchen currently leased to a tenant providing breakfast and lunch service, generating consistent customer traffic and additional revenue streams. Recent major renovations have modernized the space, creating a vibrant and appealing atmosphere for patrons. Amenities include pool tables and new coolers, contributing to the overall operational efficiency and customer experience. The existing tenant's successful breakfast and lunch operation complements the bar and liquor store, creating a synergistic business model with built-in customer flow. This turnkey operation presents a rare chance to acquire a profitable, established business in a desirable Alaskan location with significant potential for future growth and expansion. The asking price is $1,700,000. This is a unique opportunity to own a well-established and profitable business in a charming Alaskan town.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Petersburg
- County
- Petersburg Census Area
- State
- Alaska
- Longitude
- -132.959
- Latitude
- 56.8115
