Property profile

L5-6 1 St Chitina, AK 99566

OFF-MARKET
Commercial real estate
2,000 SF 0.14 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This unique 2,000 square foot property, located at L5-6 First Street in the charming Alaskan town of Chitina, presents a remarkable opportunity for the discerning investor or entrepreneur. Situated on a 0.14-acre lot, this historic building is brimming with potential. While requiring significant restoration, the substantial structure offers a blank canvas for a creative vision. Imagine transforming this landmark into a thriving business, a comfortable residence, or a combination of both. The building's size and layout provide ample space for diverse uses, allowing for customization to suit individual needs. Chitina itself is renowned for its stunning natural beauty and abundant recreational opportunities, making it an ideal location for those who appreciate outdoor pursuits. The area is particularly well-known for its exceptional hunting and fishing, attracting enthusiasts from far and wide. This property represents a rare chance to own a piece of Alaskan history and capitalize on the unique appeal of this picturesque town. The asking price of $75,000 reflects the need for renovation, offering a significant value proposition for a buyer willing to undertake the restoration project. Don't miss this chance to acquire a truly special property in a remarkable setting.

Property profile

Verified
Property type Commercial real estate
Total area 2,000 SF
Lot 0.14 ac (6,098 SF)

Cap rate & NOI

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

Location

L5-6 1 St Chitina, AK 99566
Chitina metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

2 recent transactions · within 1.5 mi
Comparable in this city
2 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own L5-6 1 St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message