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Map
$661,500*
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Commercial -
Off Market
1391 RICHARDSON HIGHWAY
Delta Junction, AK 99737
Studio
0 Bath
4050 Sqft
$405,000 - $495,000
Reference Base Price*
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
The Delta Junction community is known for supporting local
business. Here is your chance to invest in a property that enjoys a
supportive community and has ample business opportunity. This
building has frontage right on the Richardson Highway in downtown
Delta Junction. It is across the street from the Buffalo Center
Drive-in, a well-known and high traffic business in Delta Junction.
The visitor's center is also across the street. Your clientele is
already in proximity. The building is approximately 4,050 sq/ft
with three levels. The top floor has four residential rental units:
two studio apartments that rent for $800/month each and two one
bedroom apartments that rent for $1000/month each. Each rental unit
has a full bathroom. One of the renters has opted for a lease until
2021. The ground floor has approximately 1500 sq/ft of open space
with two (2) half bathrooms to operate a business of your choice
and rented for $1500/month. It was previously a gift shop. The main
level can be split into two separate units, each with their own
half bathroom and store front entrances. The downstairs also has
approximately 800 sq/ft of finished space and the remainder can be
used as inventory storage or for other purposes. It would likely
rent for $800/month. That is approximately $5900/month of gross
Income potential! The list of improvements to the building include:
added insulation, new wood siding, cement sidewalk and awning, new
ceiling tiles and fluorescent lights on main floor, updated
electrical, new laminate floors, new energy efficient triple pane
windows, new steel insulated exterior doors. In the basement level
there are new ceiling tiles, new fluorescent lights, insulation,
sheet rocked walls, and electric baseboard heat. Most apartments
have newly updated bathroom fixtures, stoves, and all have new
microwaves in the kitchen. And it gets even better! Just three
years ago a high efficiency System 2000 boiler was installed and a
commercial grade water heater was installed in 2011. There is
additional parking behind the building along with rear access to
the main and basement floors. This is a great opportunity, don't
miss out on it!
The manager has listed the unit size as 4050 square feet.
The manager has listed the unit size as 4050 square feet.
Unit Size
4,050Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$111
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jun 24, 2019 | No longer available | - | |
No longer available | |||
May 12, 2019 | Price Decreased |
$450,000
↓ $50K
(10%)
|
|
Price Decreased | |||
Feb 5, 2019 | Listed | $499,900 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
08/30/2019
|
|
Studio
|
-
|
4050 ft²
|
$425,000
Studio
-
4050 ft²
|
-
-
|
-
|
-
|
02/05/2019
|
|
Studio
|
-
|
4050 ft²
|
$499,900
Studio
-
4050 ft²
|
-
-
|
-
|
-
|
07/16/2018
|
|
Studio
|
-
|
4050 ft²
|
$529,900
Studio
-
4050 ft²
|
-
-
|
-
|
-
|