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    849 3 Ave Bethel, AK 99559

    • Investment properties
    • 11,804 SF
    • 2.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 849 3 Ave

    Lot size
    2.00 lot acres
    Property size
    11,804 SF
    Property type
    Investment properties

    Description

    This exceptional business opportunity encompasses a thriving hardware and lumber retail operation situated on a substantial 2-acre lot at 849 3rd Avenue in Bethel, AK. The property boasts 11,804 square feet of building space, strategically located off the highway near the town center, ensuring convenient access for local residents and customers from the surrounding 56 communities. The property's proximity to the Kuskokwim River further enhances its accessibility for those traveling from nearby villages. The well-established business specializes in construction materials, including lumber, plumbing supplies, electrical components, heating equipment, and general hardware. The facilities include a main store/office, a cold storage warehouse, and a heated warehouse/office complete with a maintenance and tool room. A significant inventory, valued at approximately $1,400,000, is included in the sale price of $5,000,000. The property also features 41 storage connex vans, two flatbed trucks, and two forklifts. Two apartment buildings located behind the heated warehouse offer potential for onsite housing or additional office space. Security cameras are installed throughout the property for enhanced safety. The buildings were constructed by Hoffman-Langlie, Inc., a reputable Bethel contractor. For buyers seeking a more flexible arrangement, the business is also available for purchase separately at $2,700,000, with a lease option for the real estate. Owner financing is available to qualified buyers.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Bethel
    County
    Bethel Census Area
    State
    Alaska
    Longitude
    -161.759
    Latitude
    60.795
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    849 3 Ave
    Bethel, AK 99559
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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