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Kito's Kave, Inc. 200 Chief John Lott St 3,950 SF 100% Leased Retail Building Petersburg, AK 99833 $1,500,000 ($379.75/SF)



EXECUTIVE SUMMARY
Welcome to a thriving opportunity in the heart of Petersburg! This successful bar and liquor store boasts over 5,000 square feet of prime commercial space, featuring a highly coveted bar and liquor license that adds significant value to your investment. Step inside and discover a vibrant atmosphere enhanced by a fully equipped commercial kitchen operated by one of your tenants bringing in even more clientele. Engage in friendly competition with pool tables and enjoy the convenience of new coolers, all supported by recent major renovations that elevate the venue’s appeal.
In addition to its core offerings, the property includes a well-established tenant business that serves delicious breakfast and lunch, creating a steady flow of customers and added revenue potential. This remarkable property not only promises stability but also offers ample room for growth, allowing you to expand your business and enhance profitability. Don't miss out on this unique chance to own a profitable bar and liquor store in a quaint Alaska town!
In addition to its core offerings, the property includes a well-established tenant business that serves delicious breakfast and lunch, creating a steady flow of customers and added revenue potential. This remarkable property not only promises stability but also offers ample room for growth, allowing you to expand your business and enhance profitability. Don't miss out on this unique chance to own a profitable bar and liquor store in a quaint Alaska town!
DATA ROOM Click Here to Access
- Purchase Agreement
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Building Size
3,950 SF
Building Class
C
Year Built/Renovated
1974/2024
Price
$1,500,000
Price Per SF
$379.75
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.24 AC
Zoning
Commercial 2 - Commercial 1 , the most generous and liberal zoning in the Borough.
AMENITIES
- Signage
- Fiber Optic Internet
- Smoke Detector
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Presented by
Petersburg Properties LLC
Kito's Kave, Inc. | 200 Chief John Lott St
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