624 1st Avenue, Bethel, AK 99559 (MLS# 23-9835)

624 1st Avenue, Bethel, AK 99559

$1,500,000

Property has potential to host 31 guests with some modifications and upgrades.

This building hosts 10 individual rooms with private bathrooms. It overlooks the Kuskokwim River.

This building is equipped with a sprinkler system.

Hallway on lower level. Private rooms line the walls left and right 5 rooms up and 5 rooms down.

Nearly everynight of the week the waterfront lodge is at full capacity.

Significant more income potential as numerous guests are turned away everyday because of full capacity.

Sprinkler House holds the water for the system.

Water tank and sprinkler system equipment.

Main BnB currently under utilized is home to the current owner/operator.

Main BnB has potential to house 16 additional guests with owner/manager apartment.

Main BnB is the largest structure on the 3 lots.

Main BnB entry. Security cameras are installed and door is on electric locking system.

Guest come upstairs to check in a welcoming home like atmosphere.

Kitchen area and check in counter on managers side.

Kitchen area was utilized as the breakfast area for guests with food and coffee provided.

Large storage and pantry right next to the kitchen.

Security Cameras give a good visual of the property.

Upstairs/Attic space this could be utilized as the manager/owner apartment.

Large storage area for the upstairs attic.

Laundry and storage main level for housekeepin

Main level bathroom. Bathrooms are shared by guests.

Main level bathroom. With 8 bathrooms there's plenty to share.

Main level rear exit and access to lower level with bookshelves.

This houses 4 guests rooms and 2 kitchens and 2 bathrooms.

Entry. This house is currently not being used as it needs some electrical upgrades and repairs.

Studio Lodge could be used as an owner or managers unit as well.

Sits between the Riverfront Lodge and the Waterfront Lodge.

This is usually used as overflow for the Waterfront Lodge or overbookings.

Murphy bed installed easy to expand the living space.

Warehouse is currently being rented for storage at $945 a month.

Vacant lot next to warehouse. Could be used for expansion or lease space for parking or storage.

Waterfront Lodge and Quonset hut in background

Quonset hut is dry and could be used to lease sto

Warehouse, Quonset hut and Waterfront lodge.

Great location in Bethel. Solid reputation for peaceful nights stay!

Housing is needed for temporary, short and long

Business travel is frequent here with hospital, school, corporate, private and state businesses all needing housing.

Fishing and hunting travelers frequent this area as we

Property Type: Business Opportunity Square Footage: 10,829 Lot Size (sq. ft.): 64,033 Status: Closed

Current Price: $1,500,000 Last Modified: 9/22/2024

Overview

Description

Bentley's Riverfront Lodge is located on the Kuskokwim River in Bethel Alaska. This is a major thoroughfare of the community. Bentley's has the potential to house 31 guests a night! Rooms rent for $245 a day. There's a major housing need in Bethel. Bentley's turns away over 35 guests a week because as it is already at full capacity with only 11 rooms currently operating it is under utilized.

Supplements: With some minor adjustments and upgrades, added employees and marketing this property could be a true life changing investment full of possibilities and income potential! Bentley's BnB has been a staple for travelers in and out of Bethel Alaska for more than 40 years. Known for its trusted service and clientele, Bentley's has built a solid reputati ... (Read more)

Listing Details MLS# 23-9835

Contract Info

Price-List: 1500000
Date-Listing: 2023-08-11

Sold Info

Date-Pending: 2024-05-17
Date-Closing: 2024-06-10

Location Tax and Legal

Area: 875 - Bethel Census Area - All
Street #: 624
Street Name: 1st
Arterial: Avenue
Closest USPS Town: Bethel
State: AK
Zip Code: 99559

Property Info

Realtor.com Type: Commercial
Construction Status: Existing Structure
Type of Property: Land & Building
SF-Res: 10829
SF-Lot: 64033.2
Lot Area Source: Previous Appraisal
Acres: 1.47
Zoning: COM - Commercial (Unofficial)

Directions and Remarks

Directions: Located on the corner of 1st Avenue and Main Street in Bethel along the north bank of the Kuskokwin River. Access Bethel via boat or plane.

More Information

Property Features

Business Type: Other Heating: Electric; Kerosene; Oil Construction Type: Wood Frame Exterior Finish: Wood Roof Type: Metal Flooring: Carpet Walls: Sheetrock Foundation: Unknown - BTV Features-Commercial: DSL/Cable Available; In City Limits; Living Quarters; On-Site Parking; Wtrfnt-Access Nearby; Wtrfnt-Actual Frntg Listing Terms Financing: Cash; Conventional Access: Gravel; Maintained View Type: River Sewer: Hold Tank Water Source: Holding Tank Docs Avl for Review: Docs Posted on MLS

Documents

Plat Lot A1/B1 ›

Plat Lot 1 ›

Brochure ›

IDX

Listing Office: The Kibe Lucas Team Keller Williams Alaska Advisors

Last Updated: September - 22 - 2024

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.

624 1st Avenue, Bethel, AK 99559 (MLS# 23-9835)