203 Chitina Avenue, Valdez, AK 99686

$1,250,000
Property Type: Commercial Sale Square Footage: 6,300 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $1,250,000 Last Modified: 5/12/2026

Description

Rare turnkey Valdez opportunity: profitable mixed-use commercial property plus going-concern business. ~6,300 sf with an active RadioShack-authorized electronics and firearms store downstairs and a 3BR/2BA owner's residence upstairs (harbor and Chugach views). General Commercial zoning permits short-term rental. Real estate plus business. Financials under NDA.

Supplements: A rare turnkey opportunity in the heart of Valdez, Alaska. 203 Chitina Avenue is a profitable, long-established mixed-use commercial property with an approximately 6,300-square-foot building, a thriving electronics and firearms retail business, and a private 3-bedroom, 2-bath owner's residence on the second floor. The store operates today as an active firearms store, RadioShack location (Valdez's go-to source for consumer electronics), and the building, the land, and the operating business are being offered together as a going-concern sale: real estate, FF&E, vendor relationships, inventory, authorized RadioShack dealer status (assignment subject to brand-owner approval), and a transferable Federal Firearms License (subject to ATF approval). The current owner will provide hands-on training and a structured transition period to ensure continuity for the next owner-operator. Owner's residence on the second floor approximately 1,940 sf, with 3 bedrooms, 2 baths, and views of Port Valdez harbor and the Chugach Mountains. General Commercial zoning permits use of the second-floor residence as a short-term rental. Two distinct, recession-resistant revenue streams operate under one roof: a full-line consumer electronics store (components, accessories, audio, computing, special-order) and a firearms retail and FFL transfer business serving Valdez and the surrounding Prince William Sound region. The store is a long-standing community fixture with established walk-in traffic, repeat clientele, and strong local recognition built over decades. The business currently runs profitably. As an authorized RadioShack dealer, the store carries full brand recognition, signage, and an established dealer relationship (assignment subject to brand-owner approval). The Federal Firearms License is transferable (subject to ATF approval), and the current owner will train the buyer and provide a transition period of 60-90 days. Inventory, FF&E, POS, security systems, and vendor accounts are included in the sale. Detailed financial information (revenue, owner's discretionary earnings, and full P&L) is available to qualified buyers upon execution of a non-disclosure agreement. Real estate (land and the approximately 6,300 sf building); operating business sold as a going concern; authorized RadioShack dealer status, signage, and dealer relationship (assignment subject to brand-owner approval); all FF&E, including fixtures, shelving, safes, POS, and security systems; inventory at close (handling at value, at cost, or lump sum, discussed during diligence); vendor and distributor relationships; transferable Federal Firearms License (subject to ATF approval); and an owner-provided training and transition period of 60-90 days.

More Information MLS# 26-5257

Contract Info

Price-List: 1250000 Date-Listing: 2026-05-11 Status: Active EM Minimum Deposit: 15000 Foreclosure/Bank Own: No

Location Tax and Legal

Area: 585 - Valdez & Vicinity Street #: 203 Street Name: Chitina Arterial: Avenue Closest USPS Town: Valdez State: AK Zip Code: 99686

Property Info

Type of Property: Mixed Use Building Type: Class B Realtor.com Type: Commercial Construction Status: Existing Structure Building Status: Owner Occupied Acres: 0.15 SF-Lot: 6534 Lot Area Source: Tax Authority SF-Res: 6300 Floors: 2 Zoning: COM - Commercial (Unofficial) Year Built: 1983

Directions and Remarks

Directions: From Glennallen, head south on the Richardson Highway (AK-4) for ~115 miles to Valdez. As you enter town the highway becomes Egan Drive; turn left onto Chitina Avenue, business will be on your right.

Building Info

Parking Space-Ttl #: 10

Property Features

Primary Space: Retail Secondary Space: Condo Heating: Oil Exterior Finish: Wood Construction Type: Wood Frame - 2x6 Roof Type: Metal Flooring: Tile; Linoleum; Vinyl Walls: Sheetrock Features-Commercial: Corner Lot; In City Limits; Living Quarters; On-Site Parking; Restroom(s)-Handicap; Restroom(s)-Private; Wtrfnt-Access Nearby Access: Maintained; Paved View Type: Bay; Mountains; Ocean; Unobstructed Listing Terms Financing: 1031 Exchange; Cash; Conventional Documents: Docs Posted on MLS; P & L; Survey
Listing Office: Hayden Outdoors, LLC
Last Updated: May - 12 - 2026
203 Chitina Avenue, Valdez, AK 99686- MLS# 26-5257
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.