$1,250,000
203 Chitina Avenue
Valdez, AK 99686
MLS# 26-5257
6300 sqft


IMG_1042
  1 / 7  
IMG_1042 0F736E8C-03A0-48FA-B008-44B721AC8B8A IMG_0805 IMG_0803 C5F26507-1F78-4222-B23E-DB234B59D438 IMG_4380 IMG_4382

Property Description
Rare turnkey Valdez opportunity: profitable mixed-use commercial property plus going-concern business. ~6,300 sf with an active RadioShack-authorized electronics and firearms store downstairs and a 3BR/2BA owner's residence upstairs (harbor and Chugach views). General Commercial zoning permits short-term rental. Real estate plus business. Financials under NDA.

Details
Maps
Documents
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Type: Class B
Building Status: Owner Occupied
Acres: 0.15
SF-Lot: 6534
Lot Area Source: Tax Authority
Zoning: COM - Commercial (Unofficial)
Floors: 2
Type of Property: Mixed Use
SF-Res: 6300
Year Built: 1983
Contract Info
EM Minimum Deposit: 15000
Foreclosure/Bank Own: No
Price-List: 1250000
Date-Listing: 2026-05-11
Status: Active
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
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
Parking Space-Ttl #: 10
Listing Terms Financing
1031 Exchange: 1
Cash: 1
Conventional: 1
Primary Space
Retail: 1
Secondary Space
Condo: 1
Exterior Finish
Wood: 1
Heating
Oil: 1
Roof Type
Metal: 1
Construction Type
Wood Frame - 2x6: 1
View Type
Bay: 1
Mountains: 1
Ocean: 1
Unobstructed: 1
Flooring
Tile: 1
Linoleum: 1
Vinyl: 1
Walls
Sheetrock: 1
Access
Maintained: 1
Paved: 1
Features-Commercial
Corner Lot: 1
In City Limits: 1
Living Quarters: 1
On-Site Parking: 1
Restroom(s)-Handicap: 1
Restroom(s)-Private: 1
Wtrfnt-Access Nearby: 1
Documents
Docs Posted on MLS: 1
P & L: 1
Survey: 1
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 Features
Primary Space: Retail
Secondary Space: Condo
Heating: Oil
Exterior Finish: Wood
Construction Type: Wood Frame - 2x6
Roof Type: Metal
Flooring: Tile; Linoleum; Vinyl
Walls: Sheetrock
Features-Commercial: Corner Lot; In City Limits; Living Quarters; On-Site Parking; Restroom(s)-Handicap; Restroom(s)-Private; Wtrfnt-Access Nearby
Access: Maintained; Paved
View Type: Bay; Mountains; Ocean; Unobstructed
Listing Terms Financing: 1031 Exchange; Cash; Conventional
Documents: Docs Posted on MLS; P & L; Survey
Supplements
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, RadioShack location (Valdez's go-to source for consumer electronics), and the building, the land, and the operating business are being offered together as a going-concern sale: real estate, FF&E, 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 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 in the sale. Detailed financial information (revenue, owner's discretionary earnings, and full P&L) is available to qualified buyers upon execution of a non-disclosure agreement. Real estate (land and the approximately 6,300 sf building); operating business 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); and an owner-provided training and transition period of 60-90 days.

IDX
Listing Office: Hayden Outdoors, LLC

Last Updated: May - 12 - 2026

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.