1007 5 Ave Nome, AK 99762
- Mixed-use properties
- 7,000 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 1007 5 Ave
- Property size
- 7,000 SF
- Property type
- Mixed-use properties
Description
This exceptional investment opportunity presents a 7,000 square foot mixed-use triplex located at 1007 5th Avenue in Nome, Alaska, zip code 99762. Situated on a sizable lot extending from street to alley, the property boasts convenient access to all city services. Currently uninhabitable, this triplex presents a significant renovation project for a discerning investor. The asking price is a firm $155,000, and financing will not be available; cash buyers only. The property is being sold "as is," reflecting its current condition. Its prime location near the hospital offers considerable potential for future development or rental income once renovations are complete. The substantial lot size provides ample space for potential expansion or additional development. Given its location and size, this property represents a unique opportunity for a buyer seeking a hands-on project with significant upside potential in the Nome market. The property's mixed-use designation allows for flexibility in its future use, catering to a variety of potential business and residential applications. Serious inquiries only.
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
- Nome
- County
- 02180
- State
- Alaska
- Longitude
- -165.406
- Latitude
- 64.5011
