318 Msn St Ste 10110220 Ketchikan, AK 99901-6420
This exceptional business opportunity presents the chance to acquire Ketchikan's most iconic art gallery, a thriving, year-round enterprise operating in the same downtown location for over 50 years. Priced at $739,000, this turnkey operation includes a well-established brand, all furniture, fixtures, framing equipment and supplies, computers, software, and a fully functional website. A long-term lease is provided. The gallery showcases a curated selection of exclusive artists, handcrafted jewelry, and unique gift items, establishing a distinct market position. As the island's only custom framing shop, it enjoys a loyal local clientele and benefits from the annual influx of up to 1.5 million visitors. The business boasts a strong local presence, a historic reputation, and has twice been named Business of the Year, participating actively in community events and art walks. The $739,000 list price comprises a $350,000 base price (including all equipment, software, website, brand, and lease) plus the inventory value at closing. This represents a unique opportunity to own a piece of Alaskan history in a vibrant, high-traffic downtown location. The 2,386 square foot gallery sits on a 0.08-acre lot at 318 Mission Street, Ketchikan, AK. This is a rare chance to own a well-respected business that is a cornerstone of Ketchikan's art scene.
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Scanlon Gallery & Custom Framing Art Gallery Gift Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.