Description

A rare opportunity in a legacy investment along the historic Sing lee Alley boardwalk in downtown Petersburg. This 4 unit condominium sale has been completely renovated and is the perfect turn-key investment for you. Whether you’re seeking a modern vacation retreat, a year- round residence, or an investment opportunity with unmatched potential, this is your chance to live the waterfront lifestyle of your dreams. This building was built in 1996 by Dawson construction and attention was paid to every detail. Experience the allure of living on Sing Lee Alley where Norwegian history meets modern luxury at every turn. Unobstructed views of harbor life as well as foot traffic along the boardwalk create the perfect nesting experience on Mitkof island. Every remodeled unit boasts beautiful solid surface countertops, stainless steel appliances, washers and dryers in each unit, high end vinyl flooring, inviting bathrooms and open floor concept living rooms. On-demand water tanks allow for hot water all the time to each unit. A completely upgraded boiler system (located in the first floor utility room) with all new sensors make for the most efficient way to heat each unit through the floor.

Wake up to the marine life and experience the night life of Petersburg from the comfort of your own condominium. The ground floor (unit 1) is occupied by 3 successful business’ with 3 phase power, communal men’s/women’s bathroom, kitchen and dedicated entry. A private wrap around walkway brings you to a covered rear deck the entire length of the building as a separate entrance into units. Seller may consider seller-financing OAC.

Unit 1: 3,249 square feet of retail space- 3 phase power, occupied by 3 independent business’. Communal kitchen with formal entry and dedicated mens/women’s bathrooms in front. 4 dedicated parking spaces for occupants of Unit 1. Monthly Dues for this unit are $265.89

Unit 2: 1,732 square feet comprise this 1 Bedroom, 1 bathroom with 1 dedicated parking space. This unit overlooks Sons of Norway Hall and the Sing Lee Alley boardwalk. There is a private deck for entertaining or taking in the scenery off the northeast side of the unit. A wonderful formal entry with closet space separate you from open-living concept dining/living/ kitchen area. Dedicated hallway leads you to a full bathroom and oversized bedroom with lots of natural light. The monthly dues for this unit are $79.53 and there is one dedicated parking spot.

Unit 3: The biggest of the 4 units, this 2,456 square foot 2 bedroom, 1 full bathroom and one 3/4 bathroom unit is amazing! Views out 3 sides of this unit of the water with a wonderful covered deck off the west side for lounging, barbecuing or watching the marine life. The laundry is right off of the kitchen and close to both bedrooms. Beautiful glass interior doors partition the primary bedroom from the living room area. Rest in bed and enjoy the harbor lights with privacy blinds that can rise from the bottom or fall from the top. The monthly dues for this unit are $130.92 and there are two dedicated parking spots.

Unit 4: 693 square foot one bedroom unit. This spacious but small unit boasts tons of natural light from the east side of the building and has a very private bedroom. The monthly dues for this unit are $64.20 and there is one dedicated parking spot.

Click here to see the virtual walkthrough of the first floor.

Click here to see the virtual walkthrough of the second floor condo.


5838
Area Sq-ft

4
Bedrooms

6
Bathrooms

Property ID

24-5905

Property

condo

Area

5838 Sq-ft

Built in

1996

Status

For Sale

Price

$1,650,000

Additional Features

N

0.15 acre lot

N

Arctic Entry

N

Ceiling Fans

N

CO2 Detector(s)

N

Deck/Patio

N

Dishwasher

N

Disposal

N

Electric Cooktop

N

family room

N

Ground Floor Unit

N

In city limits

N

Inground Sprinkler System

N

Intercom

N

Laminate countertops

N

Laminate flooring

N

Microwave

N

Pantry

N

Refrigerator

N

Security System

N

solid surface counter

N

Traventine Tile

N

View

N

Washer/Dryer

N

Waterfront

N

Window Coverings


Agent

Bennett McGrath

Bennett McGrath

Broker/Owner

  • 907.772.3300
  • 907.518.1482
  • bennett@apalaska.com

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