516 Stedman Street, Ketchikan, AK 99901

$799,000
Property Type: Commercial Sale Square Footage: 5,750 Lot Size (sq. ft.): 3,267 Status: Active
Current Price: $799,000 Last Modified: 1/13/2026

Description

This retail location on Stedman St is home to the Local Paper and Home Office. Built in 1988 this 3-story building has 5 off street parking and boasts 5,750 sq ft of rental space. Each floor of this building is individually metered for electrical and has separate lockable access. A central staircase on the right-hand side of the building accommodates access to all 3 floors. There is a unique rock

Supplements: feature built into the staircase that provides an Alpine feel to the central stairwell. The third floor is vacant and ready to rent. Third floor features include 2 private offices, a kitchenette, 2 private bathrooms and a deck/viewing area located in the front of the building. The property is zoned General Commercial. The 1st and 2nd floor are owner occupied and consist of 1,572 and 1,994 rentable space respectively. Annual Gross Rental income for the first two floors is $48,000.00. The third floor has 2,104 SF of rentable floor space. The building can be used for commercial retail/office space or can be easily converted to residential condos or employee housing. Existing owner/tenant are willing to stay and continue to lease or will mov eat buyer's request. Possibilities are endless. Bring your ideas!

More Information MLS# 19-8429

Contract Info

Price-List: 799000 Date-Listing: 2018-10-05 Status: Active Foreclosure/Bank Own: No

Location Tax and Legal

Area: 565 - Ketchikan Gateway Borough - All Street #: 516 Street Name: Stedman Arterial: Street Closest USPS Town: Ketchikan State: AK Zip Code: 99901

Property Info

Type of Property: Mixed Use Building Type: Class A Realtor.com Type: Commercial Construction Status: Existing Structure Building Status: Leased % of Space Leased: 66 Acres: 0.07 SF-Lot: 3267 Lot Area Source: Tax Authority SF-Res: 5750 Floors: 3 Zoning: CG - General Commercial Year Built: 1988

Building Info

Building Name: The Local Paper

Property Features

Primary Space: Office; Retail Secondary Space: Office/Retail Heating: Baseboard; Oil Exterior Finish: Wood Construction Type: Metal Siding; Wood Frame - 2x6 Foundation: Poured Concrete Roof Type: Metal Flooring: Carpet Walls: Sheetrock Sewer: Public Sewer Water Source: Public Documents: Appraisal
Listing Office: Coastal Realty, Alaska Group
Last Updated: January - 13 - 2026
516 Stedman Street, Ketchikan, AK 99901- MLS# 19-8429
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.