Prime Downtown Mixed-Use Commercial/Residential Rental Property – Located in the heart of downtown Ketchikan, this property has two well established commercial rentals on the ground floor, 2 office spaces and 9 residential rentals. Residential units consist of 1 X Studio, 3 X 1-BR, 4 X 2-BR, and 1 X 3-BR with seasoned rental income. Commercial rentals are on Mission St and office/retail space is accessible from Dock St. Seller has completed the following upgrades to the building: • Fire Sprinkler Main Water line replaced & Heated • New roof storm water drain system installed 2020 • Power meter room installation – landlord bills electrical to each unit • Apartment remodel • Exterior paint • 413 Mission St remodel Primary residential heat is from electric and landlord bills electric to tenants. Common area and domestic hot water heated by boiler controlled by owner. Coin operated Washer/Dryers on site available for tenants use. Landlord has an onsite maintenance super who receives free rent in lieu of wages. Projected gross revenues $181,500+. Pro forma income projections available for interested buyers.
|Sewer||Public Water, Sewer In Street, Sewer Connected|