Description
Seize this rare opportunity to own a fully leased, high-performing investment property in Wrangell’s thriving commercial district. Located on coveted Front Street, this property features a strong mix of commercial and residential income streams, ensuring stable and diversified cash flow.
Anchored by a highly successful burger restaurant with a proven track record and a steady flow of local and tourist traffic, the commercial space provides reliable rental income. Additionally, two well-maintained apartments cater to Wrangell’s high rental demand, with a waiting list ensuring minimal vacancy risk.
The entire building is secured under a 3-year NNN (Triple Net Lease) agreement, minimizing owner responsibilities while guaranteeing steady returns. With both commercial and residential components, this investment offers built-in risk mitigation and long-term growth potential.
Ideal for a 1031 tax-deferred exchange, this well-maintained property requires no significant capital improvements, allowing investors to enjoy immediate returns.
Opportunities like this are rare—secure your foothold in Wrangell’s real estate market today. Call now for financial details and to schedule a private tour!
Invest with confidence this property is a proven performer in an in-demand market.
