Overview

Description

Priced to sell below 2021 appraisal value!Prime commercial location at Mile 1.0 Knik Goose Bay Road with ~340 foot of frontage along the growing KGB commercial corridor. Huge traffic count and excellent KGB visibility. This sale includes 2 lots totaling nearly 7 acres. Excellent opportunity for an Owner/Operator, retail operation, or many other options with additional development potential.Buildings and improvements on site include a ~2312sf main building that has great KGB frontage exposure and is mostly down to the interior studs and ready to build out to your specifications. Attached to the main building is an ~ 600sf finished shop with 2 commercial height overhead doors. There is also a separate ~1200sf two-story building for office or additional income. Upper level is a 1 bed/1 bath with kitchen, dining, and living. Separate entrance from lower level. Lower level is an open space with a small mechanical room with toilet and sink. Services include electric, natural gas, and telephone. The main building, shop, and second building each have their own electric service and associated meter. Well water and septic system serve the buildings. A new well water pump was installed in 2021.

Owner has already negotiated with the State of Alaska to relocate the road access to/from KGB (as part of the KGB road expansion project) to the NW edge of the property to provide better direct commercial access which should also maximize land usage for any future development of the properties. Owner has provided an initial engineering concept of a development for the parcels if desired.


The online maps that show the existing access and driveway as 'Frank Smith Way' are incorrect. This is not a public road nor is it planned to be.

Properties included in sale are 1407 and 1401 S. KGB Road.

Highlights

• Building Features: Other - See Remarks, Restroom(s)-Private
• Lease Amount Frequency: Monthly
• Documents Available: Other - See Remarks
• Electric: Separate Meter-Elec
• Flooring: Carpet, Concrete
• Construction Materials: Unknown, See Remarks, Vinyl Siding, Other - See Remarks, Sheetrock, Unfinished
• Parking Features: On Site
• Buyer Agency Compensation: 3.00

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Listing ID: 22-8552

Location

Gallery