$1,095,000
500 Adams Street
Seward, AK 99664
MLS# 25-6565
6509 sqft


Front Door
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Front Door Fifth Ave Fifth Ave Adams Fifth & Adams Front Door Photo May 27 2025, 2 09 15 PM Photo May 27 2025, 2 09 24 PM Vacant Office Entry Level Bath Stewart Title Stewart Title Old Safe Unit 1 Unit 1 Unit 1 Unit 1 Unit 1 Unit 1 Unit 1 Unit 1 Unit 1 Top Unit Top Unit Top Unit Top Unit Top Unit Top Unit Top Unit South Unit IMG_2419 (1) IMG_2423 IMG_2418 South Unit South Unit North Unit North Unit North Unit North Unit North Unit North Unit North Unit IMG_2400 (1) IMG_2397 North side North Top Unit North Top Unit North Top Unit North Top Unit North Top Unit North Top Unit North Top Unit North Top Unit North Top Unit North Top Unit North Top Unit KPB Google

Property Description
First Time on the Market in Over 25 Years! Here's your chance to own a piece of Seward's history! Built in 1915 and located in the heart of downtown, this spacious mixed-use commercial building offers over 6,500 sq ft of opportunity. Zoned Central Business District, it provides incredible flexibility for future use.

Details
Maps
Documents
Contract Info
EM Minimum Deposit: 10000
Foreclosure/Bank Own: No
Price-List: 1095000
Date-Listing: 2025-06-02
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1B - Kenai Peninsula Borough
Grid # (Muni Anch): N/A
Tax Map #-Mat-Su: N/A
Legal: Original Townsite Of Seward W1/3 OF L21-23 & W1/3 S1/2 L24 B17
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Type: Class B
Building Status: Leased
% of Space Leased: 100
Acres: 0.08
SF-Lot: 3484.8
Lot Area Source: Tax Authority
Zoning: CBD - Central Business District
Floors: 3
Type of Property: Mixed Use
SF-Res: 6509
Year Built: 1915
Directions and Remarks
Directions: Head S on Seward Hwy, Take a Left on Adams St. Ray Building will be in the corner of Fifth Ave and Adams St.
Building Info
Building Name: Ray Building
Primary Space
Office: 1
Exterior Finish
Stucco: 1
Heating
Oil: 1
Radiant: 1
Radiant Floor: 1
Roof Type
Membrane: 1
Construction Type
Concrete: 1
View Type
Bay: 1
City Lights: 1
Mountains: 1
Ocean: 1
Foundation
Poured Concrete: 1
Flooring
Tile: 1
Walls
Sheetrock: 1
Access
Paved: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Warehouse/Shop
SF-Whs Apx: 250
Office
Office Apx SF: 6509
Features-Commercial
Corner Lot: 1
DSL/Cable Available: 1
Floor Drain(s): 1
HW Heater - Elec: 1
In City Limits: 1
Living Quarters: 1
Restroom(s)-Private: 1
Separate Meter-Elec: 1
Documents
Docs Posted on MLS: 1
Location Tax and Legal
Area: 365 - Seward - Cooper Landing
Street #: 500
Street Name: Adams
Arterial: Street
Closest USPS Town: Seward
State: AK
Zip Code: 99664
Property Features
Primary Space: Office
Heating: Oil; Radiant; Radiant Floor
Exterior Finish: Stucco
Construction Type: Concrete
Foundation: Poured Concrete
Roof Type: Membrane
Flooring: Tile
Walls: Sheetrock
Sewer: Public Sewer
Water Source: Public
Features-Commercial: Corner Lot; DSL/Cable Available; Floor Drain(s); HW Heater - Elec; In City Limits; Living Quarters; Restroom(s)-Private; Separate Meter-Elec
Access: Paved
View Type: Bay; City Lights; Mountains; Ocean
Documents: Docs Posted on MLS
Supplements
Currently home to five businesses and two residential tenants, the property has seen many updates over the years while maintaining its historic charm. Most of the units are generously sized and could be reconfigured into residential spaces with kitchensideal for increasing rental income or creating live/work setups. Tenants pay their own electric, and one small office space is currently vacantoffering additional income potential when filled. Just two blocks from the waterfront and surrounded by popular shops and restaurants, this location boasts high visibility, excellent foot traffic, and endless possibilities for investors or business owners ready to make their mark in Seward.

IDX
Listing Office: Seward Properties

Last Updated: June - 05 - 2025

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.