$400,000
$400,000
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124.3 Tok Cutoff Tok, AK 99780
26,868 SqFt
Key Details
Sold Price $400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 26,868 sqft
Price per Sqft $14
MLS Listing ID 19-18137
Sold Date 01/25/22
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Lot Size 9.086 Acres
Acres 9.0
Property Description
Golden Bear Motel is a remarkable opportunity for someone desiring to move away from the big city hustle and bustle. It is located in the first town you come to after driving through Canada into Alaska. Beautiful, mature trees abound throughout the property, adding to the appeal for tourists. There are endless possibilities with this property and NO local or state taxes. We have a great deal of information and many photos.
There are 60 rooms throughout 6 buildings, each with a specific room layout; from the efficiencies to those designed specifically for the needs of bus tours. The RV Park has 46 +/- RV spaces: 14 are full service with septic, water, and electric and 22 with water and electric; 10 spaces are dry and would be ideal for campsites. There are wooden picnic tables as well as a dump station for RVs.
There are living quarters, a restaurant, a separate house, multiple buildings, and a shop full of tools and parts. There is a shower house and a building for laundry. All furniture, fixtures and equipment are conveyed with the sale.
The Golden Bear Motel has catered to a number of tour bus businesses over the years. Tour groups would spend the night and enjoy their meals at the restaurant. Additional travelers on the Alcan Highway fill any vacant rooms and the RV Park. Bus traffic continues and accounts for a significant volume of occupancy. An owner/operator can now utilize social media, travel platforms such as Airbnb, VRBO, and TripAdvisor. To our knowledge, the prior owner never took advantage of any of the travel industry booking platforms.
As with most winters, the hotel is now closed, but has been continually open during the tourist season for many years. Keeping the main lodge open in the winter has the potential to attract outdoor enthusiasts who enjoy snowmobile adventures and other winter activities.
Location
State AK
Area 855 - Eastern Interior - All
Zoning UNZ - Not Zoned
Direction Take AK-2 E to Tok Cutoff (located at/near the intersection of the Alaska Hwy and Glenn Hwy in Tok) and take a slight right turn. The property will be on your right.
Interior
Flooring Tile, Carpet
Exterior
Water Access Desc Private,Well
View Territorial
Roof Type Metal,Composition,Shingle,Asphalt
Accessibility , Paved, Gravel, Government, Maintained
Total Parking Spaces 100
Building
Foundation Sono Tubes, All-Weather Wood, Block
Lot Size Range 9.0
Water Private, Well
New Construction No
Construction Status Existing Structure
Others
Acceptable Financing Cash
Listing Terms Cash
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