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204 Siginaka Way, Sitka, AK

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DetailMap
204 Siginaka Way

Sitka, AK 99835-7316


Property Type:Office Sub Type:Office/Residential Status:Existing Year Built:1984
Stories:3 Typical Floor:8,333 SF Building Size:25,000 SF
For Sale Price:$1,500,000 Price/SF:$60.00
Cap Rate:19.16 %
Parking:40 Surface spaces are available; Ratio of 1.6/1,000 SF Amenities:Air Conditioning, Security System, Waterfront



Sale Notes:
Residential housing development opportunity in high demand area. 204 Siginaka Way is a 25,000 SF, waterfront commercial building located in Sitka, Alaska. The building was purpose built in 1984 to house the US Forestry Service and was under federal lease until 2016. The building is now vacant and ready for a new purpose. Sitka is a community of 10,000 that is struggling to find housing. The highest and best use for this property is to be converted to apartments, condos, or mixed use. Building has all infrastructure in the center with no load bearing walls throughout making demo and reno easier. Full buyer prospectus with reno costs, ROI, NOI, etc... Full details.

Baranof Realty LLC
Travis Vaughan
(907) 747-5636




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