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$2,900,000 For Sale
333 Concrete Street
Anchorage, AK 99501

45,560 sq ft,
3.01 acre lot
Commercial: Commercial - MLS# 17-3559
Property Photo
1/13

Description

New Price. Excellent opportunity to own this profitable, Non-Franchised Motel, near downtown Anchorage, AK. The Mush Inn has been famous for it's unique themed rooms for over 40 years. The kitchenette rooms are perfect for extended stay periods for families, sportsmen and construction crews. The property is conveniently located across from the Merrill Field Airport and close to downtown Anchorage The subject property consists of a full-service motel that is owner operated and is not franchised. The property real estate taxes are $41,321 and assessed value is $2,775,100. The owner is retiring from this industry. The seller/owner will remain post closing to supply an appropriate training and transitional period. This business has 8 full & part time employees who are unaware of the pending sale and fully expected to remain post closing. The business is operational 365 days yearly, 24 hours daily. The sale includes all required documentation including a certificate of occupancy from the municipality and the required state or city licenses to conduct its day to day business. Currently all advertising for the motel consists of referrals only; with an ongoing and more aggressive marketing plan, improved web site, the business can be further improved resulting in an additional return to the owner/operator. The price of this motel has been valued based on the various assets, which include the real estate and income. This transaction is confidential; all viewings are by appointment only and photos may not represent the full potential of this business opportunity. Plenty of parking spaces on 3 acres. Rooms rented nightly, weekly and monthly. Turn-key; 94 rooms; Manager's apartment on site and is 2-stories, 3 bedrooms and 2 baths; Includes approx. 4,000 sq. ft. shop and approx. 20,000 sq. feet of fenced yard space; Sale price includes all FF&E. Buyer to conduct own due diligence.

Features

  • Acres: 3.0100
  • Property Type: Commercial
  • Region: 1 - Southcentral Alaska Region
  • Roof Type: Unknown - BTV
  • Sewer: Public
  • SF-Lot: 131084
  • Sq.Ft.: 45560
  • Sub Type: Commercial
  • View: Mountains
  • Walls: Sheetrock
  • Water: Public
  • Zip Code: 99501
  • Primary Space: Land
  • Listing Status: Active
  • Area: 5 - Downtown Anchorage
  • Building Name: Mush Inn Motel
  • Construction Status: Existing Structure
  • Construction Type: Wood Frame
  • County/Area: 1A - Anchorage Municipality
  • Exterior Finish: Stucco, Wood
  • Features-Commercial: Corner Lot, In City Limits, Living Quarters, On-Site Parking
  • Flooring Type: Carpet, Tile
  • Floors: 2
  • Foundation: Unknown - BTV
  • Listing Office: Mossy Oak Properties Of Alaska Kenai
  • Zoning: B3 - General Business
DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the AK MLS IDX of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than [Brokerage of Site Owner] are marked with either the listing brokerage's logo or the AK MLS IDX 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. Listing information is updated daily. Copyright 2017 Alaska Multiple Listing Service, Inc. All rights reserved. Listing information last updated on 2017-07-24 00:10:46

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