203 Chitina AVE Valdez, AK 99686
6,300 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,300 sqft
Price per Sqft $198
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
The store operates today as an active firearms store, RadioShack location (Valdez's go-to source for consumer electronics), and the building, the land, and the operating business are being offered together as a going-concern sale: real estate, FF&E, 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 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 in the sale. Detailed financial information (revenue, owner's discretionary earnings, and full P&L) is available to qualified buyers upon execution of a non-disclosure agreement.
Real estate (land and the approximately 6,300 sf building); operating business 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); and an 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
