7420 Mill Aly - Warehouse FOR SALE


Ketchikan, AK 99901
$2,450,000 USD
907-225-2545
7420 Mill Aly, Ketchikan, AK for Sale
$2,450,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

7420 Mill Aly
Ketchikan, AK 99901


HIGHLIGHTS

  • Historic Low Vacancy
  • Well Maintained
  • Improvments and Grounds
  • Owners Retiring

OVERVIEW

Gateway City Realty is pleased to present Stor-Rite Storage, a 208-unit facility with a mix of both heated and unheated storage units, located near the Mile 7.5 mark of North Tongass Highway in Ketchikan, Alaska. The owners are retiring, and this rare offering gives investors the opportunity to acquire a professionally built and managed, turnkey asset located in the high-growth Ward Cove neighborhood. The current on-site management system has integrated security, set market rents, established tenant policies, freight elevator, and minimal vacancy. Situated on a near one-acre site, the property is nearby the new Ward Cove Cruise Ship Dock facility, the Ward Cove Industrial Complex and many supporting business and government offices that creates a built-in tenant base for storage demand.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$341 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Stor-Rite Storage

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.85

LAND SF

37,026

ZONING

IH

APN/PARCEL ID

31-3340-004000

ASK ABOUT THIS PROPERTY

Bill BollingGateway City Realty Inc.More Info
907-225-2545

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Bill BollingGateway City Realty Inc.More Info
907-225-2545

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.