500 Adams Street, Seward, AK 99664
$1,045,000
Property Type:
Commercial Sale
Square Footage:
6,509
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$1,045,000
Last Modified:
4/17/2026
Description
First Time on the Market in Over 25 Years!
Here's your chance to own a piece of Seward's history! Built in 1915 and located in the heart of downtown, this spacious mixed-use commercial building offers over 6,500 sq ft of opportunity. Zoned Central Business District, it provides incredible flexibility for future use.
Supplements: Currently home to five businesses and two residential tenants, the property has seen many updates over the years while maintaining its historic charm. Most of the units are generously sized and could be reconfigured into residential spaces with kitchensideal for increasing rental income or creating live/work setups. Tenants pay their own electric, and one small office space is currently vacantoffering additional income potential when filled. Just two blocks from the waterfront and surrounded by popular shops and restaurants, this location boasts high visibility, excellent foot traffic, and endless possibilities for investors or business owners ready to make their mark in Seward.
More Information MLS# 25-6565
Contract Info
Price-List: 1045000
Date-Listing: 2025-06-02
Status: Active
EM Minimum Deposit: 10000
Foreclosure/Bank Own: No
Location Tax and Legal
Area: 365 - Seward - Cooper Landing
Street #: 500
Street Name: Adams
Arterial: Street
Closest USPS Town: Seward
State: AK
Zip Code: 99664
Property Info
Type of Property: Mixed Use
Building Type: Class B
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Leased
% of Space Leased: 100
Acres: 0.08
SF-Lot: 3484.8
Lot Area Source: Tax Authority
SF-Res: 6509
Floors: 3
Zoning: CBD - Central Business District
Year Built: 1915
Directions and Remarks
Directions: Head S on Seward Hwy, Take a Left on Adams St. Ray Building will be in the corner of Fifth Ave and Adams St.
Building Info
Building Name: Ray Building
Office
Office Apx SF: 6509
Property Features
Primary Space: Office
Heating: Oil; Radiant; Radiant Floor
Exterior Finish: Stucco
Construction Type: Concrete
Foundation: Poured Concrete
Roof Type: Membrane
Flooring: Tile
Walls: Sheetrock
Sewer: Public Sewer
Water Source: Public
Features-Commercial: Corner Lot; DSL/Cable Available; Floor Drain(s); HW Heater - Elec; In City Limits; Living Quarters; Restroom(s)-Private; Separate Meter-Elec
Access: Paved
View Type: Bay; City Lights; Mountains; Ocean
Documents: Docs Posted on MLS
Property Profile ›Listing Office: Seward Properties
Last Updated: April - 17 - 2026
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.
