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    Property profile & analytics

    237 Lincoln St Sitka, AK 99835

    • Commercial real estate
    • 30,475 SF
    • 0.14 lot acres
    For Sale
    View listing
    $4,750,000
    Value Estimation
    Location Intelligence
    Property ID
    US02-0303514
    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

    • Cathedral Arms / Apartment Building

    Property Details for 237 Lincoln St

    Year built
    1951
    Lot size
    0.14 lot acres
    Property size
    30,475 SF
    Property type
    Commercial real estate

    Description

    This exceptional eight-story building, known as The Cathedral Arms, is situated in the heart of downtown Sitka, Alaska. Boasting a total of 30,475 square feet on a 0.14-acre lot, this iconic property presents a unique investment opportunity. The building comprises a mix of residential and commercial spaces, offering a diverse revenue stream. The residential component includes 37 units, specifically 24 one-bedroom apartments and 12 efficiency units, catering to a range of tenant needs. The retail spaces, integrated within the building, provide additional income potential. The Cathedral Arms commands breathtaking views of Sitka Sound and the impressive Mount Edgecumbe, a highly desirable feature that enhances the property's appeal and rental value. Its prime downtown location offers easy access to local amenities, businesses, and attractions, making it an attractive proposition for both residents and commercial enterprises. The asking price for this remarkable property is $4,750,000. This presents a rare chance to acquire a significant piece of Sitka's vibrant downtown landscape. The building's established presence and desirable features make it a strong contender for long-term investment and growth.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sitka
    County
    Sitka City And Borough
    State
    Alaska
    Longitude
    -135.3356
    Latitude
    57.05029

    Comparable in this City

    • $4,750,000
      30,475 SF

      Iconic Sitka Mixed-Use Building

      Downtown Sitka, 8-story, prime location.
      231 Lincoln St, Sitka, AK 99835
      View Details
    • $3,500,000
      4.00 Acres

      Quest Island: Alaskan Retreat

      Private Island Getaway: Luxury & Adventure
      Morne Is, Sitka, AK 99835
      View Details

    Similar Nearby for Sale

    • $4,750,000
      30,475 SF

      Iconic Sitka Mixed-Use Building

      Downtown Sitka, 8-story, prime location.
      231 Lincoln St, Sitka, AK 99835
      View Details
    • $3,500,000
      4.00 Acres

      Quest Island: Alaskan Retreat

      Private Island Getaway: Luxury & Adventure
      Morne Is, Sitka, AK 99835
      View Details
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    237 Lincoln St
    Sitka, AK 99835
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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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