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1230 Ocean Drive, Homer, AK 99603
Description
Supplements: A recent bank desktop appraisal of current market value was $979,345 (See Documents). The Sellers are highly motivated since they have purchased another property on the Homer Spit to be closer to the harbor. The building is currently fully leased and the Sellers, who occupy the lower level, will lease back after closing for a minimum of 6 months or more depending on remodel completion at their new location. The upper floor has a great layout with a common entry and then two large office units off to the left and right. Each leased office space upstairs is approximately 1100 square feet. Cook Inlet Counseling occupies the left side, and they are long term tenants in the building. Their area has a number of office units, private bathroom, kitchen nook and a small conference area. Destination Alaska Adventures is a new Lessee for the right unit. This unit is mostly open space, with a little kitchen nook, private restroom and a conference room. They have a one year lease in place that expires May 31, 2025. The building has been impeccably maintained and earned an "excellent" condition rating from their Lender. There is even a sprinkler fire system in place which will also help lower your insurance costs. There is plenty on onsite parking and the "extra" lot also provides exterior access and additional parking for the lower level. if you want a super clean, well located, fully leased investment with solid rental history, then this is an opportunity you will not want to pass up!
More Information MLS# 24-6610
Contract Info
Sold Info
Location Tax and Legal
Property Info
Directions and Remarks
Office
Property Features
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