400 Js Dr Craig, AK 99921
- Mixed-use properties
- 6,580 SF
- 0.48 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 400 Js Dr
- Year built
- 2018
- Lot size
- 0.48 lot acres
- Property size
- 6,580 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property in Craig, Alaska, presents a unique investment opportunity. Located on a prominent .48-acre corner lot, this 6,580 square foot building offers a blend of commercial and residential space. The building, constructed in 2018, features two ground-floor commercial units, perfect for various businesses, and three upper-level residential units boasting stunning water views. These residential units consist of two one-bedroom, one-bathroom apartments, each with its own laundry facilities, and a spacious owner's suite exceeding 1,500 square feet. The property benefits from abundant parking and is zoned for commercial use. Built with high-quality materials and energy-efficient design, this Class A building offers durability and cost savings. The ample lot size allows for potential expansion or future development. This owner/user investment opportunity provides a strong blend of rental income potential and prime commercial space in a desirable Alaska location. The asking price is $1,850,000, translating to $281.16 per square foot. This is a net lease property with three tenants currently in place. The property is a two-story building with excellent visibility and accessibility. Don't miss this chance to acquire a high-quality, mixed-use asset in a thriving Alaskan community.
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
- Craig
- County
- Prince of Wales-Hyder Census Area
- State
- Alaska
- Longitude
- -133.134
- Latitude
- 55.4763
