40 years of Successful Business. Quality Halibut Fishing / Hunting Charter Business & Commercial Building with Lodging. Well established with impeccable reputation. 24+% CAP Rate with 65% tangible assets makes the investment well above the norm for the industry and a great tax reduction opportunity . Business has updated Booking / Lodging Building on the most traffic area of the Homer Spit. Listing includes 53 vessel that can accommodate up to 22 clients & 28 Bertram Flying Bridge vessel accommodating up to 6 fishermen, completely equipped including Halibut Permits. NO Real Property building is on a ground lease with Time Bandit Company
Features
Retail Booking Office : World Famous Homer Spit Boardwalk
Lodging : 1 studio Apartment above retail Office
Halibut Permits: 1- 22 Seat Halibut & 1- 6 Seat Halibut CHP
Boat #1: 53 Little Hoquiam fully equiped
Boat # 2: 28 Bertram Cruser Flying Bridge
Fishing Services Offered : Halibut, Salmon Trolling, Combos, Rockfish, Lodging, Kayaking
Hunting Services Offered: Spring & Fall Black Bear Vessel-Based & Kodiak Sitka Deer
Sub Type: Comm Bus Opp
View: Ocean
Waterfront: Kachemak Bay

Newly renovated and located in the heart of downtown in Sitkas historic district, the Sitka Hotel & Restaurant has a rustic but elegant feel with modern amenities. The hotel is comprised of 44 spacious rooms, many of which offer an ocean or mountain view, a luxury restaurant, bar & lounge. The Sitka Hotel & Restaurant offers guests opulent accommodations in an atmosphere of homespun elegance. No expense was spared in the recent remodel and the building is practically new - up to date insulated interior walls, triple pane windows and new wiring and plumbing. 19 years, of a 20 yr. warranty, left on a new membrane roof. All guest rooms have been completely remodeled with the addition of new furniture and the restaurant & kitchen feature new decor and appliances. Overlooking the Sitka Harbor and Crescent Bay, guests are not far from adventure and relaxation; fishing, kayaking, hiking, and golf — theres something for everyone. Amenities: Free WiFi Kitchenette Mini Fridge Microwave HD TV Premium Cable TV Stove Safe Coffee Maker Free Continental Breakfast Free Cancellations Free Local Phone Calls Seller is willing to owner finance or trade. This hotel property, with its recent and complete renovation and profitable operational history, is in first-rate shape for an owner/operator or investment company.
Features
Access: Dedicated Road, Maintained, Paved
Business Includes: Land & Building
Business Name: The Sitka Hotel & Restaurant
Construction Status: Existing Structure
Construction Type: Wood Frame - 2x6
County/Area: Sitka Borough
Exterior Finish: Stucco, Wood
Features-Commercial: 3 Phase Electric, Buried Fuel Tank, Elevator, Floor Drain(s), HW Heater - Elec, In City Limits, Livi
Flooring: Carpet, Wood
Floors - # of: 4
Foundation: Pilings, Slab
Fuel Type: Electric, Propane
Heat Type: Forced Air
Listing Office: Mossy Oak Properties Of Alaska - Wasilla
Listing Status: Active
Lot Size: 0.2000
Property Type: Business Opportunity
Roof Type: Membrane, Wood
Sewer: Public Sewer
SF-Lot: 8923
Sq.Ft.: 24000
Sub Type: Business Opportunity
Walls: Sheet Rock, Wood
Water: Public
Year Built: 1939
Zip Code: 99835
Zoning: CBD - Central Business District
View: Bay, City Lights, Mountains, Ocean