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700-703 Broadway & 300-304 7th Ave Broadway 11,340 SF 100% Leased Retail Building Skagway, AK 99840 $4,885,720 CAD ($430.84 CAD/SF)

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EXECUTIVE SUMMARY

CONSIDERING OFFERS NOW OF AT LEAST $3,500,000
This is a prime opportunity to invest in ONE OF THE FASTEST GROWING CRUISE SHIP DESTINATIONS IN THE WORLD, and a beautiful location richly steeped in Alaska history as the Gateway to the Klondike Gold Fields in the famous 1898 Gold Rush. Skagway expects approximately 1.3-million visitors in 2025: 1.2-million from cruise ships plus another 100,000 by land and ferry.
Fully one-half of a city block (30,000 sq. ft.) with Broadway St. frontage IN SKAGWAY'S FAMOUS HISTORIC DISTRICT. Six contiguous lots, all zoned commercial; front three lots developed with Retail and Residential spaces, along with self-storage units (in back). ALL spaces 100% rented. Back three lots are open for further development. The developed lots feature three retail spaces, twelve residential spaces, and ten self-storage units. The retail portions of this property have interior throughways connecting them to promote increased traffic to each entity.
The main Broadway building, with moderate modification, would be perfect for a Brew Pub (has very high ceilings), other restaurant type, or major retail shop.
The back three lots offer unlimited opportunity for development. 15,000 sq. ft. that can be developed for housing (in critical demand in Skagway), or any commercial enterprise (grocery market, full-service mechanic's bay ... etc., all in critical need).
Nestled at the end of Skagway Bay, rimmed in the breathtaking beauty of snowcapped mountains, glaciers, and waterfalls, Skagway offers a unique entrepreneurial opportunity with the availability of this versatile property.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,340 SF
Building Class
C
Year Built
1995
Price
$4,885,720 CAD
Price Per SF
$430.84 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.38
Lot Size
0.69 AC
Zoning
Commercial
Parking
8 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
137’ on Broadway
Bike Score®
Very Bikeable (76)
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.®
  • Listing ID: 36248567

  • Date on Market: 2025-06-02

  • Last Updated:

  • Address: Broadway, Skagway, AK 99840

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