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Property profile & analytics

210 4th Ave Seward, AK 99664-4210

  • Commercial real estate
  • 12,228 SF
  • 0.14 lot acres
OFF-MARKET
Value Estimations
$530,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US02-0070462
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Alaska Shop / Gift Shop

Property Details for 210 4th Ave

Year built
1941
Lot size
0.14 lot acres
Property size
12,228 SF
Property type
Commercial real estate
APN
149-110-34
APU
14911034

Description

This exceptional commercial property at 210 Fourth Avenue in Seward, Alaska, presents a rare investment opportunity. The Alaska Shop, a renowned and established business operating for over 120 years, occupies the entire 12,228 square foot building. Boasting a prime location in historic Seward, this gift shop is the largest in the state and enjoys a stellar 5-star rating on TripAdvisor, attracting a significant volume of clientele. The property includes 11,350 square feet of retail space dedicated to the thriving gift shop operation, generating an impressive approximate annual gross revenue of $1.7 million, despite operating only seasonally. Adding to its appeal is a recently remodeled, nearly 1,000 square foot apartment, providing versatile options for owner occupancy or additional rental income. Seward's tourism industry is booming, with over 100 cruise ships docking in 2024, and projections for even greater numbers following the completion of a new dock in 2025. This presents a unique opportunity to acquire a highly profitable, established business with significant growth potential in a rapidly expanding tourist destination. The 0.21-acre lot provides ample space for the existing building and potential future expansion. This is a turnkey operation ready for a new owner to step in and continue the legacy of success. The asking price is $8,300,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $390,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $668,000
    Market price range: $669k - $2.05M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Seward
County
Kenai Peninsula
State
Alaska
Longitude
-149.44
Latitude
60.1016

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,970
$60,900
$373,400
$434,300
-
$60,900
$373,400
$434,300
More about this property
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