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Listed by Mary Wanzer • Coastal Keller Williams Realty Alaska Group
$ 1,460,000
Est. payment /mo
Active
5579 5581&5593 N Tongass Hwy Ketchikan, AK 99901
89,957 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 89,957 sqft
Price per Sqft $16
Subdivision Ak
MLS Listing ID 26035
Property Sub-Type Mixed Use
Property Description
A rare investment and redevelopment opportunity along one of Ketchikan's most desirable waterfront corridors. This unique offering includes three separate parcels totaling just under 2 acres, positioned on a prominent peninsula with 808 lineal feet of waterfrontage plus 2.48 acres of leased tidelands. Located between Downtown Ketchikan and Ward Cove—both home to cruise ship berths—the site provides exceptional visibility, access, and long-term potential. The improved parcels include two duplex structures. 5579 N. Tongass was built in 1950 and is approximately 2,595 sq ft, this stone constructed duplex features a 3BR/2BA upper unit and a 1BR/1BA lower unit + storage. 5581 N. Tongass is also a duplex, built in 1975 that includes a 3,072 sq. ft 3BR/2.5BA upper unit and a 1BR/1BA lower unit. Similar to the neighboring building , these improvements exhibit deferred maintenance and present an opportunity for substantial renovation or redevelopment. Adjacent to the residential structures is a vacant waterfront parcel zoned Heavy Industrial, adding versatility for future use and enhancing the sites appeal for commercial, marine-oriented, or mixed-use development concepts. With its expansive shoreline, prime location along the North Tongass corridor, and proximity to major visitor hubs, this property is ideally suited for a buyer looking to reimagine the site, change the existing use or completely redevelop the property. few offerings combine this amount of land, waterfront, and strategic positioning-making this a standout opportunity in the Ketchikan market.
Location
State AK
Area Ketchikan-North
