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5619-5639 N Tongass Hwy.
Ketchikan, AK 99901
FOR
SALE
$3,500,000
For Sale
2.52
Acres
MLS# 24288
Cumulative Days on Market: 88 (since April 27th, 2024) Data provided by the MLS.

Property Details

Rare large tract of patented tidelands on Ketchikan waterfront with infinite possibilities. West facing property with excellent sunlight throughout the day and phenomenal sunsets at night. This property lends itself to the development of high-end condominiums with the possibility of boat moorage for discerning buyers searching for sunset views and a place to moor their yacht. Property could as easily be developed into a commercial fishing lodge with room to moor boats right in front of the property. Additional tideland lease is available through Alaska DNR. With over 500 lineal feet of beach frontage there is no other property in this market that offers this kind of potential. Alternatively, site can be developed into a marine industrial park to accommodate a tank farm for petroleum products, a boat haul-out area, or even a container freight facility. With easy marine access to your front door fuel and / or freight barges can land and disembark cargo or fuel to your facility. The property's strategic location at mile 5.5 on N. Tongass Highway offers convenience to downtown Ketchikan while avoiding the congestion associated with tourist traffic—a significant advantage for both residents and businesses. The development possibilities for this site are only limited by one's imagination. It's an exciting prospect for investors and developers looking to capitalize on the natural beauty and strategic location of Ketchikan's waterfront.

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Property Highlights

Status
For Sale
Price
$ 3,500,000
Property Type
Commercial
Approx. Acres
2.52

Location

Heating, Cooling & Utilities

Community

Elementary
Houghtaling
Junior High
Schoenbar
Senior High
Ketchikan H.S.

Taxes & Terms

Terms
Cash
Taxes
$3,800
Listed by Coastal Keller Williams Realty Alaska Group, Michael Elerding, Michael Elerding.
Listing Data last updated 07/23/2024 11:14 AM
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 24-Jul-2024 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by open source mortgage calculation software tools using common mathematical formulas. Copyright © 2024 Buying Buddy. All calculations should be independantly verified.
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Property History

Today
Property information last updated
88 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 88. Data provided by the MLS.

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All information deemed reliable but not guaranteed. Dimensions are approximate. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of members of the Southeast Alaska Multiple Listing Service (SEAMLS) and are provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. All data should be independently verified.
Listing Data last updated: 07/23/2024 11:14 AM
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