Bamboo Room and Pioneer Bar 11-15 2nd Ave 7,655 SF Retail Building Haines, AK 99827 $1,100,000 ($143.70/SF) 11.91% Cap Rate
EXECUTIVE SUMMARY
Bamboo Restaurant and Pioneer Bar is a landmark restaurant and bar located in the heart of downtown Haines, Alaska. The total square footage of the building is 7,655 SF, with 4,655 SF being the bar and restaurant, 3000 SF of apartments, and a 4,250 SF parking lot. Amenities: Bar and restaurant; 18' Cooks Line, 2 Walk-in Coolers, Walk-In Freezer, Frigidarie Beer Cooler, booths, Tables, and Chairs. Apartment: Custom Kitchen, Gas Range, Skylights, Island Breakfast Bar, Jacuzzi Bath, and Laundry Room. The sale includes an Alaska Beverage License.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
7,655 SF
Building Class
C
Year Built
1900
Price
$1,100,000
Price Per SF
$143.70
Cap Rate
11.91%
NOI
$131,000
Business Value
$500,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.70
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial
Parking
10 Spaces (1.31 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Property Manager on Site
- Restaurant
- Signage
- Skylights
ABOUT 11-15 2ND AVE , HAINES, AK 99827
7655 square foot building with a 4250 square foot parking lot in downtown Haines, Alaska.
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Bamboo Room and Pioneer Bar
- Retailer
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Bamboo Room and Pioneer Bar | Retailer | 99,999 SF | - | - |
PROPERTY TAXES
| Parcel Number | C-TNS-02-0900 | Improvements Assessment | $347,400 |
| Land Assessment | $55,900 | Total Assessment | $403,300 |
