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426 Main St 5,344 SF Vacant Office Building Ketchikan, AK 99901 $1,255,680 CAD ($234.97 CAD/SF) 9.33% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Heavy daytime traffic
  • Great view Tongass Narrows
  • Great Downtown Location
  • Located in the heart of downtown
  • 5,344 SQ FT Office Building · 1,840 Covered Parking
  • Building is sprinkled

EXECUTIVE SUMMARY

Located downtown across from the State Office/Court House Building. This 5,300 SF professional office building is ideally situated for a medium-sized law firm or accountant’s office
The current tenant is downsizing and would consider a rent-back situation.
The main floor is grade level on Main St. The building opens into a reception area and has an adjacent board/conference room. Next to the board room is an office/file storage area that is connected to a secure storage or IT area. Multiple bathrooms are located on the first floor.
The second floor consists of a 2nd reception area at the top of the stairs situated on the outside of a large corner office. There is a large clerical office with a private copy/storage room attached adjacent to a full-size kitchenette complete with a refrigerator and microwave. Next to the kitchenette is a third office area.
There are multiple bathrooms on the second floor.
The third floor consists of a large private office with an ensuite bathroom and 3 additional office spaces and a second small kitchenette. Multiple bathrooms on the third-floor one include a shower and a sauna.
The basement area is grade level with the parking lot of the Methodist Church and contains the boiler and the sprinkler system. There are fully enclosed parking spaces for 4 vehicles

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
5,344 SF
Building Class
C
Year Built
2004
Price
$1,255,680 CAD
Price Per SF
$234.97 CAD
Cap Rate
9.33%
NOI
$117,197 CAD
Percent Leased
Vacant
Building Height
3 Stories
Typical Floor Size
1,781 SF
Building FAR
2.31
Lot Size
0.05 AC
Zoning
cc - Central Commercial
Parking
9 Spaces (1.68 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-1431-010100
Land Assessment
$149,688 CAD (2025)
Improvements Assessment
$938,861 CAD (2025)
Total Assessment
$1,088,549 CAD (2025)
  • Listing ID: 29240833

  • Date on Market: 2023-08-10

  • Last Updated:

  • Address: 426 Main St, Ketchikan, AK 99901

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