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Dutch Harbor Mall 179 Gilman

25,285 SF 100% Leased Retail Building Unalaska, AK 99692 $4,642,214 CAD ($184 CAD/SF) 8.50% Cap Rate

Retail Space Alaska Unalaska 179 Gilman, Unalaska, AK 99692

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.

Attachments

Dutch Properties – offer package 9.2023

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
25,285 SF
Building Class
C
Year Built/Renovated
1971/2011
Price
$4,642,214 CAD
Price Per SF
$184 CAD
Cap Rate
8.50%
NOI
$394,588 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.48
Lot Size
1.22 AC
Zoning
Unknown
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(907) 529-6504

Contact

  • Listing ID: 29464722

  • Date on Market: 2023-09-07

  • Last Updated:

  • Address: 179 Gilman, Unalaska, AK 99692

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Dutch Harbor Mall | 179 Gilman
(907) 529-6504 x

Dutch Harbor Mall | 179 Gilman

Kevin Hennigan

(907) 529-6504

(907) 529-6504

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