Property Listing No Longer Available for Sale

118 Lincoln St., Sitka, AK

Hotel for Sale - $2,950,000 - 24,000 Sq. Ft. on 8923 acres


Property Info

CIMLS#1050138
Location
  118 Lincoln St.
  Sitka AK 99835
UpdatedFebruary 26th, 2020
TypeHotel
Price$2,950,000
Building24,000 Sq. Ft.
Land8923 acres

Property Description

Newly renovated and located in the heart of downtown in Sitka's historic district, the Sitka Hotel & Restaurant has a rustic but elegant feel with modern amenities. The hotel is comprised of 44 spacious rooms, many of which offer an ocean or mountain view, a luxury restaurant, bar & lounge. The Sitka Hotel & Restaurant offers guests opulent accommodations in an atmosphere of homespun elegance.

No expense was spared in the recent remodel and the building is practically new - up to date insulated interior walls, triple pane windows and new wiring and plumbing. 19 years, of a 20 yr. warranty, left on a new membrane roof. All guest rooms have been completely remodeled with the addition of new furniture and the restaurant & kitchen feature new decor and appliances.

Overlooking the Sitka Harbor and Crescent Bay, guests are not far from adventure and relaxation; fishing, kayaking, hiking, and golf - there's something for everyone.

Amenities:

Free WiFi

Kitchenette

Mini Fridge

Microwave

HD TV

Premium Cable TV

Stove

Safe

Coffee Maker

Free Continental Breakfast

Free Cancellations

Free Local Phone Calls

Seller is willing to owner finance or trade.

This hotel property, with its recent and complete renovation and profitable operational history, is in first-rate shape for an owner/operator or investment company.

Directions: From the Sitka Airport head SE & turn L toward Airport Rd then R onto Airport Rd. Continue onto Harbor Dr then L onto Harbor Rd. Turn R onto Lincoln St. Your new hotel will be on the right.

Confidential Business Review available upon execution of our NDA.


Financials