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308 N Nordic Drive, Petersburg, AK 99833
$1,500,000

Property Type:
Commercial Sale
Square Footage:
7,728
Lot Size (sq. ft.):
4,000
Status:
Closed
Current Price:
$1,500,000
Last Modified:
3/11/2025
Overview
Description
Supplements: ... (Read more) renters 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.
Listing Details MLS# 24-9516
Contract Info
- Price-List
- 1500000
- Date-Listing
- 2024-07-26
- EM Minimum Deposit
- 20000
- Foreclosure/Bank Own
- No
Sold Info
- Date-Pending
- 2024-09-05
- Date-Closing
- 2025-03-10
Location Tax and Legal
- Area
- 567 - Mitkof Island & Vicinity
- Street #
- 308
- Directional
- N
- Street Name
- Nordic
- Arterial
- Drive
- Closest USPS Town
- Petersburg
- State
- AK
- Zip Code
- 99833
Property Info
- Type of Property
- Mixed Use
- Realtor.com Type
- Commercial
- Construction Status
- Existing Structure
- Building Status
- Leased
- % of Space Leased
- 100
- Acres
- 0.09
- SF-Lot
- 4000
- Lot Area Source
- Tax Authority
- SF-Res
- 7728
- Floors
- 2
- Zoning
- COM - Commercial (Unofficial)
- Year Built
- 1953
Directions and Remarks
- Directions
- from down town Petersburg head to the Harbor Bar! youre there!!
Building Info
- Building Name
- The Harbor bar building
More Information
Retail
- SF-Retail Office
- 3860
Location, Tax and Legal
- Region
- 2 - Southeast Alaska Region
- Borough/Census Area
- 2G - Wrangell-Petersburg Census Area
- Grid # (Muni Anch)
- N/A
- Tax Map #-Mat-Su
- N/A
- Legal
- L8A Plat 89-2RS B003
- Taxes (Estimated)
- 4462
- Tax Year
- 2024
Listing Terms Financing
- 1031 Exchange
- Yes
- AHFC
- Yes
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
Primary Space
- Hospitality
- Yes
Secondary Space
- Condo
- Yes
Exterior Finish
- Metal
- Yes
Heating
- Electric
- Yes
Roof Type
- Metal
- Yes
Construction Type
- Wood Frame - 2x6
- Yes
View Type
- City Lights
- Yes
- Mountains
- Yes
- Unobstructed
- Yes
Foundation
- Poured Concrete
- Yes
Flooring
- Other
- Yes
Walls
- Sheetrock
- Yes
- Wood
- Yes
Access
- Maintained
- Yes
- Paved
- Yes
Sewer
- Public Sewer
- Yes
Value/Income/Expense
- Assessed Value - Total
- 397200
Water Source
- Public
- Yes
Features-Commercial
- Fire Sprinkler System
- Yes
- HW Heater - Elec
- Yes
- In City Limits
- Yes
- Living Quarters
- Yes
- Master Meter - Elec
- Yes
- Separate Meter-Elec
- Yes
- Stand Alone Unit
- Yes
Documents
- Lease
- Yes
- Package Available
- Yes
- Other - See Remarks
- Yes
Property Features
Primary Space:
Hospitality
Secondary Space:
Condo
Heating:
Electric
Exterior Finish:
Metal
Construction Type:
Wood Frame - 2x6
Foundation:
Poured Concrete
Roof Type:
Metal
Flooring:
Other
Walls:
Sheetrock; Wood
Sewer:
Public Sewer
Water Source:
Public
Features-Commercial:
Fire Sprinkler System; HW Heater - Elec; In City Limits; Living Quarters; Master Meter - Elec; Separate Meter-Elec; Stand Alone Unit
Access:
Maintained; Paved
View Type:
City Lights; Mountains; Unobstructed
Listing Terms Financing:
1031 Exchange; AHFC; Cash; Conventional; FHA
Documents:
Lease; Package Available; Other - See Remarks
IDX
Listing Office:
Anchor Properties
Last Updated: March - 11 - 2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.