Dutch Harbor Mall 179 Gilman

179 Gilman , Unalaska, Alaska, 99692 | 25,285 sq.f | $ 3,275,000

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About This Restaurant

Investment Highlights

Executive Summary

Rare commercial opportunity on Fee Simple land in Dutch Harbor, Alaska. Good occupancy historically but still room for improvement. Owner has invested over $620,000 over the past 10 years on improvements including: $164,000 in 2012 for a new Roof, $121,600 in 2012 for 2 new Diesel Boilers, $37,800 in 2020 on a replacement Boiler #2, Numerous interior and exterior projects including Tenant Improvements.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Retail
  • Building Size    25,285
  • Building Class    C
  • Year Built/Renovated    1971/2011
  • Price    3,275,000
  • Price Per SF    130
  • Cap Rate    8.50
  • NOI    278,375
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    0.48
  • Land Acres    1.22 AC
Date Created: 2024-07-16 04:09:19 Last Updated: 2024-07-16 04:09:19
Address: 179 Gilman , Unalaska, Alaska, 99692