Broadway @ 300-304 7th Ave - Storefront Retail/Residential FOR SALE


Skagway, AK 99840
$4,500,000 USD
513-675-3936
Broadway @ 300-304 7th Ave, Skagway, AK for Sale
$4,500,000 USD
Storefront Retail/Residential - FOR SALE
1/9
null | Request Cap Rate

Broadway @ 300-304 7th Ave
Skagway, AK 99840


OVERVIEW

CONSIDERING OFFERS NOW THROUGH SEPTEMBER, 2025 OF AT LEAST $4,500,000. This is a prime opportunity to invest in ONE OF THE FASTEST GROWING CRUISE SHIP DESTINATIONS IN THE WORLD, and a beautiful location richly steeped in Alaska history as the Gateway to the Klondike Gold Fields in the famous 1898 Gold Rush. Skagway expects approximately 1.3-million visitors in 2025: 1.2-million from cruise ships plus another 100,000 by land and ferry. Fully one-half of a city block (30,000 sq. ft.) with Broadway St. frontage IN SKAGWAY'S FAMOUS HISTORIC DISTRICT. Six contiguous lots, all zoned commercial; front three lots developed with Retail and Residential spaces, along with self-storage units (in back). ALL spaces 100% rented. Back three lots are open for further development. The developed lots feature three retail spaces, twelve residential spaces, and ten self-storage units. The retail portions of this property have interior throughways connecting them to promote increased traffic to each entity. The main Broadway building, with moderate modification, would be perfect for a Brew Pub (has very high ceilings), other restaurant type, or major retail shop. The back three lots offer unlimited opportunity for development. 15,000 sq. ft. that can be developed for housing (in critical demand in Skagway), or any commercial enterprise (grocery market, full-service mechanic's bay ... etc., all in critical need). Nestled at the end of Skagway Bay, rimmed in the breathtaking beauty of snowcapped mountains, glaciers, and waterfalls, Skagway offers a unique entrepreneurial opportunity with the availability of this versatile property.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$397 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

700-703 Broadway & 300-304 7th Ave

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

CROSS STREETS

300-304 7th Ave

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

Commercial

APN/PARCEL ID

1TOWN004110

ASK ABOUT THIS PROPERTY

Tony HeckleSunbird Properties, LLCMore Info
513-675-3936

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Tony HeckleSunbird Properties, LLCMore Info
513-675-3936

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