Tok, AK 99780,124.3 Tok Cutoff
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Tok, AK 99780,124.3 Tok Cutoff
Tok, AK 99780,124.3 Tok Cutoff
Tok, AK 99780,124.3 Tok Cutoff
Tok, AK 99780,124.3 Tok Cutoff

$400,000

Est. payment /mo

$400,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

124.3 Tok Cutoff Tok, AK 99780

26,868 SqFt

SOLD DATE : 01/25/2022

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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Alaska MLS
Listed by Alaska Commercial Properties
Bought with Alaska Commercial Properties

Jesse Tanner

+1(907) 232-8607

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