308 N Noric Drive Petersburg, AK 99833
Diversify your asset portfolio with this two -story income producing building in downtown Petersburg Alaska. The anchor tenant, Harbor Bar, has occupied the entire first floor with its iconic bar and liquor store since the 1950's. The upstairs apartments have been fully remodeled in the early 2000's and are operating at 100% capacity with little deferred maintenance. Long-term leases on allrenters in the building make for a solid net operating income and profitable cap rate on this investment that has multiple income streams. Easy walking to all that little Norway has to offer and Experience charm and profitability with this building which is centrally located in the heart of town. The law of supply and demand are strong in this little Norwegian town making this commercial building a gem in the naval of southeast Alaska.
- Property TypeCommercial
- NeighborhoodN/A
- CountyN/A
- Taxes$4,462
- HOA/Condo/Coop Fees$0
- Days on Site31 Days
- MLS StatusPending
- MLS ID Number24-9516
- Home Size Source Owner
- Year Built1953
- Lot Size0.09 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Building Features Living QuartersStand Alone Unit
- Sewer Public Sewer
- Number of Stories 2
- Acreage 0.09
- Water Public
- Zoning COM
- Security Fire Sprinkler System
- Foundation Concrete Perimeter
Interior Features
- Appliances Electric Water Heater
- Flooring Other
Exterior Features
- Roof Metal
- View City LightsMountain(s)Unobstructed
- Lot City Lot
Community Features
- MLS Area 2G - Wrangell-Petersburg Census Area
- Security Features Fire Sprinkler System
- Building Features Living QuartersStand Alone Unit