Brown & Hawkins

205-209 Fourth Avenue, Seward, AK

$1,600,000

Price

22,060 sqft

Building Size

1906

Year Built

Gallery
Street
Map
Overview
Building Size
22,060 sqft
Year Built
1906
Zoning
Central Business District
Floors
2
Parking Spots
10
Description

Business and Investment opportunity in Historical Downtown Seward, Alaska! This listing consists of 4 commercial spaces totaling approx. 9,500 square feet, 4 fully furnished apartments (Apt. 2,3,6,& 8) that have been operated as successful nightly accommodations for the past 5 years, 1 apartment (Apt. 7) that is leased as a residential unit, long term.The owner occupies the other 2 residential apartments. One of the owner's units (Apartment 1) is a preservation of the history and beauty of the early 1900's and the other owner's unit (Apartment 4) was newly remodeled in 2016 with high end appliances, quartz counter tops, custom cabinets, tile work and hardwood floors- it is stunning to say the least! There is no Apt. 5 as Apt. 4 was combined with Apt. 5 when the owners remodeled.

Since 1903, The Brown and Hawkins buildings have been home to Alaska's first bank, a ballroom, retail stores, a candy store, a grocery store, residential apartments and much more! The possibilities are endless.

Currently, all 4 retail spaces have long term leases ( Bakery, Candy Store, Art Gallery and Artist Consignment). 4 of the apartments are rented on a nightly basis. 2 of the apartments are owner occupied and 1 apartment is leased long term.

There are a total of 3 buildings on Fourth Avenue (205 (candy shop), 207 (art gallery) and 209 (artist consignment store) Fourth Avenue). There is an additional building located at 302 Washington Street (Bakery). Additionally, there is a vacant lot located at 304 Washington Street that is currently used for parking to relieve the on street parking of downtown for employees, guests and clients.

There are full basements in 205, 207 and 209 Fourth Avenue.

Showing Instructions:
Appointment Only

Highlights
  • Lease Amount Frequency: Monthly
  • Heating: Baseboard, Radiant
  • Construction Materials: Block, Concrete, Frame, Metal, Stucco, Wood Siding
  • Buyer Agency Compensation: 2.00
  • Showing Instructions: Appointment Only
Location
Gallery