624 1st Avenue, Bethel, AK 99559

$1,500,000
Property Type: Business Opportunity Square Footage: 10,829 Lot Size (sq. ft.): 64,033 Status: Closed
Current Price: $1,500,000 Last Modified: 9/22/2024

Description

Bentley's Riverfront Lodge is located on the Kuskokwim River in Bethel Alaska. This is a major thoroughfare of the community. Bentley's has the potential to house 31 guests a night! Rooms rent for $245 a day. There's a major housing need in Bethel. Bentley's turns away over 35 guests a week because as it is already at full capacity with only 11 rooms currently operating it is under utilized.

Supplements: With some minor adjustments and upgrades, added employees and marketing this property could be a true life changing investment full of possibilities and income potential! Bentley's BnB has been a staple for travelers in and out of Bethel Alaska for more than 40 years. Known for its trusted service and clientele, Bentley's has built a solid reputation that keeps repeat guests and visitors booking their next stay. Bentley's attracts business and working class guests along with fishing and hunting parties passing through. This property sits on 3 parcels that make up 1.47 acres on the north bank of the Kuskokwim River. There are four separate buildings for housing guests. The main lodge has potential for 16 rooms plus an owner/manager apartment it is the largest structure on site and is where the owner operator lives and greets guests now. Currently guests do not stay in the main lodge and has the most income potential. The riverfront lodge which has 4 rooms currently not being utilized and is in need of some updating. The studio which can host 1 guest or couple is operating as an overflow in case of over bookings or emergency guest bookings. The waterfront lodge hosts 10 rooms and is operating at full capacity nearly everyday. The waterfront lodge is the newest building on site and is turn key ready for guests. Extra income available with over 7500 square feet of warehouse space and quonset hut. The warehouse is currently rented monthly for $945 a month. Bentley's would be a great investment that's profitable right away while you work on increasing it's potential. South facing it provides plenty of that much needed sunlight. Bethel is a focal point of rural Alaska, come be a part of this great town connecting people, nature and interior Alaska. Be sure to check out the photos and the comments posted on the pictures to get a better understanding of this incredible opportunity.

More Information MLS# 23-9835

Location, Tax and Legal

Region: 4 - West & Southwest Alaska Regions - All Borough/Census Area: 4C - Bethel Census Area Grid # (Muni Anch): N/A Tax Map #-Mat-Su: N/A Legal: Tsikoyak L1 B6

Property Info

Realtor.com Type: Commercial Construction Status: Existing Structure Acres: 1.47 SF-Lot: 64033.2 Lot Area Source: Previous Appraisal Zoning: COM - Commercial (Unofficial) Type of Property: Land & Building SF-Res: 10829

Directions and Remarks

Directions: Located on the corner of 1st Avenue and Main Street in Bethel along the north bank of the Kuskokwin River. Access Bethel via boat or plane.

Business Type

Other: 1

Listing Terms Financing

Cash: 1 Conventional: 1

Exterior Finish

Wood: 1

Heating

Electric: 1 Kerosene: 1 Oil: 1

Roof Type

Metal: 1

Construction Type

Wood Frame: 1

View Type

River: 1

Foundation

Unknown - BTV: 1

Flooring

Carpet: 1

Walls

Sheetrock: 1

Access

Gravel: 1 Maintained: 1

Sewer

Hold Tank: 1

Features-Commercial

DSL/Cable Available: 1 In City Limits: 1 Living Quarters: 1 On-Site Parking: 1 Wtrfnt-Access Nearby: 1 Wtrfnt-Actual Frntg: 1

Docs Avl for Review

Docs Posted on MLS: 1

Contract Info

Price-List: 1500000 Date-Listing: 2023-08-11 Status: Closed

Sold Info

Date-Pending: 2024-05-17 Date-Closing: 2024-06-10

Location Tax and Legal

Area: 875 - Bethel Census Area - All Street #: 624 Street Name: 1st Arterial: Avenue Closest USPS Town: Bethel State: AK Zip Code: 99559

Property Features

Business Type: Other Heating: Electric; Kerosene; Oil Construction Type: Wood Frame Exterior Finish: Wood Roof Type: Metal Flooring: Carpet Walls: Sheetrock Foundation: Unknown - BTV Features-Commercial: DSL/Cable Available; In City Limits; Living Quarters; On-Site Parking; Wtrfnt-Access Nearby; Wtrfnt-Actual Frntg Listing Terms Financing: Cash; Conventional Access: Gravel; Maintained View Type: River Sewer: Hold Tank Docs Avl for Review: Docs Posted on MLS

Documents

Listing Office: The Kibe Lucas Team Keller Williams Realty Alaska Group
IDX
Last Updated: September - 22 - 2024
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.