203 Chitina Avenue, Valdez, AK 99686
Overview
Description
Supplements: ... (Read more) A rare turnkey opportunity in the heart of Valdez, Alaska. 203 Chitina Avenue is a profitable, long-established mixed-use commercial property with an approximately 6,300-square-foot building, a thriving electronics and firearms retail business, and a private 3-bedroom, 2-bath owner's residence on the second floor. The store operates today as an active firearms store and RadioShack location, Valdez's go-to source for consumer electronics. The real estate and building are offered for sale. The operating business is available for additional consideration and includes: vendor relationships, inventory, authorized RadioShack dealer status (assignment subject to brand-owner approval), and a transferable Federal Firearms License (subject to ATF approval). The current owner will provide hands-on training and a structured transition period to ensure continuity for the next owner-operator. Owner's residence on the second floor is approximately 1,940 sf, with 3 bedrooms, 2 baths, and views of Port Valdez harbor and the Chugach Mountains. General Commercial zoning permits use of the second-floor residence as a short-term rental. Two distinct, recession-resistant revenue streams operate under one roof: a full-line consumer electronics store (components, accessories, audio, computing, special-order) and a firearms retail and FFL transfer business serving Valdez and the surrounding Prince William Sound region. The store is a long-standing community fixture with established walk-in traffic, repeat clientele, and strong local recognition built over decades. The business currently runs profitably. As an authorized RadioShack dealer, the store carries full brand recognition, signage, and an established dealer relationship (assignment subject to brand-owner approval). The Federal Firearms License is transferable (subject to ATF approval), and the current owner will train the buyer and provide a transition period of 60-90 days. Inventory, FF&E, POS, security systems, and vendor accounts are included with the business, available for additional consideration. Detailed financial information (revenue, owner's discretionary earnings, and full P&L) is available to qualified buyers upon execution of a non-disclosure agreement. Offering includes: ~Real estate (land and the approximately 6,300 sf building) ~Operating business, available for additional consideration, sold as a going concern ~Authorized RadioShack dealer status, signage, and dealer relationship (assignment subject to brand-owner approval) All FF&E, including fixtures, shelving, safes, POS, and security systems ~Inventory at close (handling at value, at cost, or lump sum, discussed during diligence) ~Vendor and distributor relationships ~Transferable Federal Firearms License (subject to ATF approval) ~Owner-provided training and transition period of 60-90 days
Listing Details MLS# 26-5256
Contract Info
- Price-List
- 935000
- Date-Listing
- 2026-05-11
- Minimum EM Deposit $
- 15000
Location Tax and Legal
- Area
- 585 - Valdez & Vicinity
- Street #
- 203
- Street Name
- Chitina
- Arterial
- Avenue
- Closest USPS Town
- Valdez
- State
- AK
- Zip Code
- 99686
Property Info
- Realtor.com Type
- Commercial
- Construction Status
- Existing Structure
- Type of Property
- Land & Building
- SF-Res
- 6300
- Floors - # of
- 2
- SF-Lot
- 6534
- Lot Area Source
- Survey
- Acres
- 0.15
- Zoning
- COM - Commercial (Unofficial)
- Year Built
- 1983
- Prkg Spcs
- 10
Directions and Remarks
- Directions
- From Glennallen, head south on the Richardson Highway (AK-4) for ~115 miles to Valdez. As you enter town the highway becomes Egan Drive; turn left onto Chitina Avenue, business will be on your right.
Building Info
- Building Status
- Owner
Location, Tax and Legal
- Region
- 1 - Southcentral Alaska Region
- Borough/Census Area
- 1E - Prince William Sound
- Grid # (Muni Anch)
- N/A
- Tax Map #-Mat-Su
- N/A
- Legal
- Harbor L2A B40
- Taxes (Estimated)
- 4100
- Tax Year
- 2025
More Information
Business Type
- Retail
- Yes
Listing Terms Financing
- 1031 Exchange
- Yes
- Cash
- Yes
- Conventional
- Yes
Exterior Finish
- Wood
- Yes
Heating
- Oil
- Yes
Roof Type
- Metal
- Yes
Construction Type
- Concrete
- Yes
- Wood Frame - 2x6
- Yes
View Type
- Bay
- Yes
- Mountains
- Yes
- Ocean
- Yes
- Unobstructed
- Yes
Flooring
- Tile
- Yes
- Linoleum
- Yes
- Vinyl
- Yes
Walls
- Sheetrock
- Yes
Access
- Maintained
- Yes
- Paved
- Yes
Features-Commercial
- On-Site Parking
- Yes
- Restroom(s)-Handicap
- Yes
- Restroom(s)-Private
- Yes
- Wtrfnt-Access Nearby
- Yes
Docs Avl for Review
- Docs Posted on MLS
- Yes
- P & L
- Yes
- Survey
- Yes
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