$995,000
650 E Steel Loop
Palmer, AK 99645
MLS# 24-1893
5000 sqft


650 E Steel Loop, Palmer, AK 99645
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Property Description
Reduce price for building and business combined to $985,000. There is a Wells Fargo assumable loan on the building however owners are interested in hearing any reasonable offers. With the reduced price of the business, it makes the building valuation at $590,000 well below market @ $118sf. Will reduce price on the business assets only to $395,000 and offer a great lease

Details
Documents
Contract Info
Price-List: 995000
Date-Listing: 2024-02-28
Status: Active
Commission Type: %
Commission to SO: 3
Minimum EM Deposit $: 10000
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1D - Matanuska Susitna Borough
Area: PA - Palmer
Street #: 650
Directional: E
Street Name: Steel
Arterial: Loop
Closest USPS Town: Palmer
State: AK
Zip Code: 99645
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: PA12
Taxes (Estimated): 5900
Tax Year: 2023
Legal: Palmer Commercial Center L6 B3
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Business Name: Arkose Brewery
Type of Property: Land & Building
SF-Res: 5000
Floors - # of: 2
SF-Lot: 20473.2
Lot Area Source: Tax Authority
Acres: 0.47
Zoning: BP - Business Park (re: City Palmer)
Year Built: 2007
Prkg Spcs: 15
Directions and Remarks
Directions: PLEASE DO NOT DISTURB EMPLOYEES OR CUSTOMERS Showings by appointment only.
Building Info
Building Status: Owner
Property Features
Business Type: Bar/Tavern/Lounge; Manufacturer; Retail; Warehouse
Heating: Natural Gas; Radiant Floor
Construction Type: Block; Metal Siding; Wood Frame - 2x6
Exterior Finish: Metal
Roof Type: Unknown - BTV; Other
Flooring: Heavy Duty; Slab; See Remarks
Walls: Sheetrock
Foundation: Poured Concrete; Other
Features-Commercial: 3 Phase Electric; In City Limits; Living Quarters; Other - See Remarks
Listing Terms Financing: 1031 Exchange; Cash; Conventional; Lease Option
Access: Government; Maintained; Paved
View Type: City Lights; Mountains
Sewer: Public Sewer
Water: Public
Docs Avl for Review: Docs Posted on MLS
Supplements
with option to purchase. Potential lease would be 1st 3 months free, next 6 months @ $.50 per ft., balance of lease @ $1.00 per ft. That all being said, the owners are really open to any option that would work for all parties. Owners plan on brewing in May and bottling in June so would be a great time to get the 411 on the operation.

Listing Office: Mossy Oak Properties of Alaska - Wasilla

Last Updated: April - 29 - 2024

650 E Steel Loop, Palmer, AK 99645 - MLS# 24-1893
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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.