Current Use by Public Records
- Commercial real estate
Property Details for 179 Gilman Way
- Year built
- 1971
- Lot size
- 1.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional fee-simple commercial property, located at 179 Gilman Way in Unalaska, Alaska, presents a unique investment opportunity. Boasting a substantial 25,285 square feet of space situated on a one-acre lot, this building offers significant potential for a variety of commercial uses. The property has undergone extensive improvements totaling $620,000 over the past decade, ensuring its excellent condition and long-term viability. Key upgrades include a new roof installed in 2012, boiler replacements in 2011 and 2020, and numerous tenant improvements implemented throughout the years. This translates to significant cost savings for the new owner, eliminating the need for immediate capital expenditures on major systems. The property's prime location in the bustling Dutch Harbor area provides excellent access to key infrastructure and a strong potential tenant pool. The asking price of $3,275,000 reflects the property's exceptional value and strong return on investment prospects. This is a rare opportunity to acquire a well-maintained, substantial commercial property in a thriving Alaskan market. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Detailed financial records and property information are available upon request.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Unalaska
- County
- Aleutians West Census Area
- State
- Alaska
- Longitude
- -166.555
- Latitude
- 53.8788
