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101 Hazelet Ave Valdez, AK 99686

OFF-MARKET Commercial real estate Google Maps
3,240 SF 0.81 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 3,240 square foot commercial property, situated on a 0.81-acre lot at 101 Hazelet Avenue in Valdez, Alaska, presents a unique investment opportunity. The building boasts a versatile two-story open floor plan, ideal for a variety of commercial uses. A convenient small kitchen/breakroom and a dedicated storage room add to its functionality. Recent significant improvements have enhanced the property's value and curb appeal, including a new roof, siding, and windows. Currently utilized as the headquarters for a local organization, the building's commercial zoning allows for a wide range of potential uses, making it attractive to businesses seeking high visibility and a central location within Valdez. The property's size and layout also offer the potential for mixed-use or residential conversion, subject to any necessary permits and approvals. Its prominent location in the heart of Valdez ensures excellent exposure to foot and vehicle traffic, providing significant advantages for any business seeking to establish a strong presence in this vibrant Alaskan community. The asking price of $300,000 reflects the property's significant upgrades, prime location, and versatile potential. This is a rare opportunity to acquire a well-maintained, adaptable commercial space in a desirable Alaskan town.

Property profile

Verified
Property type Commercial real estate
Total area 3,240 SF
Lot 0.81 ac (35,284 SF)

Cap rate & NOI

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

Value estimations

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Owner & transaction history

Comparables

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