Water Views
Address
624 1st Avenue, Bethel, AK
Price
$ 1,500,000
Property Attributes
  • MLS#239835
  • TypeBusiness Op
  • BoroughBETHEL
  • CityBethel
  • Area4C - Bethel Census Area
  • Neighborhood875 - Bethel Census Area - All
  • Zip99559
  • StyleCommercial
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10829
  • Lot Size1.47 Acres
Data Source:
Alaska MLS (AKMLS)
Property Description

Bentley's Riverfront Lodge is located on the Kuskokwim River in Bethel Alaska. This is a major thoroughfare of the community. Bentley's has the potential to house 31 guests a night! Rooms rent for $245 a day. There's a major housing need in Bethel. Bentley's turns away over 35 guests a week because as it is already at full capacity with only 11 rooms currently operating it is under utilized.With some minor adjustments and upgrades, added employees and marketing this property could be a true life changing investment full of possibilities and income potential! Bentley's BnB has been a staple for travelers in and out of Bethel Alaska for more than 40 years. Known for its trusted service and clientele, Bentley's has built a solid reputation that keeps repeat guests and visitors booking their next stay. Bentley's attracts business and working class guests along with fishing and hunting parties passing through. This property sits on 3 parcels that make up 1.47 acres on the north bank of the Kuskokwim River. There are four separate buildings for housing guests. The main lodge has potential for 16 rooms plus an owner/manager apartment it is the largest structure on site and is where the owner operator lives and greets guests now. Currently guests do not stay in the main lodge and has the most income potential. The riverfront lodge which has 4 rooms currently not being utilized and is in need of some updating. The studio which can host 1 guest or couple is operating as an overflow in case of over bookings or emergency guest bookings. The waterfront lodge hosts 10 rooms and is operating at full capacity nearly everyday. The waterfront lodge is the newest building on site and is turn key ready for guests. Extra income available with over 7500 square feet of warehouse space and quonset hut. The warehouse is currently rented monthly for $945 a month. Bentley's would be a great investment that's profitable right away while you work on increasing it's potential. South facing it provides plenty of that much needed sunlight. Bethel is a focal point of rural Alaska, come be a part of this great town connecting people, nature and interior Alaska. Be sure to check out the photos and the comments posted on the pictures to get a better understanding of this incredible opportunity.

Price History
8/12/2023 Listed $1,800,000
11/22/2023 12% - $1,600,000
2/17/2024 7% - $1,500,000

General Features

Sewer Holding Tank
Utilities Cable Available
Possession Possession Recording
Roof Metal
Zoning COM
Construction Materials Frame,Wood Siding,Sheet Rock
View River
Property SubType Commercial
Business Type Other
Waterfront Features Wtrfnt-Access Nearby,Waterfront
New Construction No
Property Type Business Opportunity
Building Features Living Quarters
Status Active
Directions Located on the corner of 1st Avenue and Main Street in Bethel along the north bank of the Kuskokwin River. Access Bethel via boat or plane.
City Bethel
Buyer Agent Compensation 2.50
View Y/N Yes
Zoning Description Commercial (Unofficial)
MLS Area 4C - Bethel Census Area
Lot Size Square Feet 64033.2
Waterfront Y/N Yes
Street Name 1st
Property Condition Existing Structure
MLS Area Minor 875 - Bethel Census Area - All
Days on Market 190
Building Area Units Square Feet
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet
Heating Y/N Yes
Street Suffix Avenue
Living Area Units Square Feet

Exterior Features

Parking Features On Site
Lot Features City Lot
Water Source Holding Tank
Lot Size Area 1.47
Foundation Details Unknown - BTV
Building Area Total 10829
Mobile Home Dimensions Feet
Lot Size Acres 1.47
Road Surface Type Gravel
Lot Size Units Acres
Lot Size Source Appraiser
Road Responsibility Maintained

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Business Op Average in 99559

Price
AVG $2.8M
$1.5M
Visits
AVG 52
68
Data Provided by Inside Real Estate®

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