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$935,000
Est. payment /mo
6,300 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,300 sqft
Price per Sqft $148
MLS Listing ID 26-5257
Construction Status Existing Structure
Year Built 1983
Annual Tax Amount $4,100
Lot Size 6,534 Sqft
Acres 0.15
Source Alaska Multiple Listing Service
Property Description
Rare turnkey Valdez opportunity: profitable mixed-use commercial property, with the option of the operating business available as a going concern. ~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). Zoning permits short-term rental. Real estate plus option for going-concern business. 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 and RadioShack location, Valdez's go-to source for consumer electronics. The real estate and building are offered for sale. The operating business is available for additional consideration and includes: 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 is 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 with the business, available for additional consideration. Detailed financial information (revenue, owner's discretionary earnings, and full P&L) is available to qualified buyers upon execution of a non-disclosure agreement.
Offering includes:
~Real estate (land and the approximately 6,300 sf building)
~Operating business, available for additional consideration, 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)
~Owner-provided training and transition period of 60-90 days
The store operates today as an active firearms store and RadioShack location, Valdez's go-to source for consumer electronics. The real estate and building are offered for sale. The operating business is available for additional consideration and includes: 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 is 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 with the business, available for additional consideration. Detailed financial information (revenue, owner's discretionary earnings, and full P&L) is available to qualified buyers upon execution of a non-disclosure agreement.
Offering includes:
~Real estate (land and the approximately 6,300 sf building)
~Operating business, available for additional consideration, 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)
~Owner-provided training and transition period of 60-90 days
Location
State AK
Area 585 - Valdez & Vicinity
Zoning COM - Commercial (Unofficial)
Direction 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.
Interior
Heating Oil
Flooring Tile, Linoleum, Vinyl
Exterior
View Bay, Mountains, Ocean, Unobstructed
Roof Type Metal
Accessibility , Paved, Maintained
Total Parking Spaces 10
Building
Lot Size Range 0.15
New Construction No
Construction Status Existing Structure
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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