Property profile

849 3 Ave Bethel, AK 99559

OFF-MARKET
Investment properties
11,804 SF 2 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Investment properties
Total area 11,804 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

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

Location

849 3 Ave Bethel, AK 99559
Bethel metro
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Value estimations

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Owner & transaction history

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