5581 N Tongass Highway, Ketchikan, AK 99901 (MLS# 25-14549)


$1,460,000
5581 N Tongass Highway
Ketchikan, AK 99901
MLS# 25-14549
8 beds  |  5 baths  |  4938 sqft

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5581 N Tongass Highway, Ketchikan, AK 99901
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Property Description
A rare investment and redevelopment opportunity along one of Ketchikan's most desirable waterfront corridors. This unique offering includes three separate parcels totaling just under 2 acres, positioned on a prominent peninsula with 808 feet of waterfrontage and 2.48 acres of leased tidelands. Located between Downtown Ketchikan and Ward Cove—both home to cruise ship berths—the site provides

Details
Maps
Contract Info
Price-List: 1460000
Date-Listing: 2025-12-02
Status: Active
Foreclosure/Bank Own: No
Location Tax and Legal
Area: 565 - Ketchikan Gateway Borough - All
Street #: 5581
Directional: N
Street Name: Tongass
Arterial: Highway
Closest USPS Town: Ketchikan
State: AK
Zip Code: 99901
Property Info
Realtor.com Type: Multi-Family
Construction Status: Existing Structure
Beds: 8
Bathrooms Half: 1
Bathrooms Full: 4
Bathrooms Total: 5
Bldgs-Ttl #: 2
Year Built: 1975
SF-Res: 4938
Number of Units: 4
SF-Lot: 86957
Acres: 2
Garage Spaces: 3
Prkg Spcs: 12
Lot Area Source: Tax Authority
Zoning: IH - Heavy Industrial
Directions and Remarks
Directions: 5 miles north of downtown just past the car wash
Building Info
Units-# of 1 BR: 2
Units-# of 3 BR: 2
Waterfront Details
Waterfront Name: Tongass Narrows
Property Features
Multi-Family Type: Other - See Remarks
Exterior Finish: Wood; Other - See Remarks
Roof Type: Metal
Foundation Type: Poured Concrete
Garage Type: Attached
Heating: Baseboard; Oil
Sewer-Type: Septic Tank
Water Source: Cistern
View Type: Ocean
Topography: Level
Wtrfrnt-Frontage: Oceanfront
Wtrfrnt-Access Near: Ocean
Features-MultiFamily: Fixer-Upper; Washer/Dryer
Flooring: Carpet; Linoleum
Supplements
exceptional visibility, access, and long-term potential. The improved parcels include two duplex structures. 5579 N. Tongass was built in 1950 and is approximately 2,595 sq ft, this stone constructed duplex features a 3BR/2BA upper unit and a 1BR/1BA lower unit + storage. 5581 N. Tongass is also a duplex, built in 1975 that includes a 3BR/2.5BA upper unit a a 1BR/1BA lower unit. Similar to the neighboring building , these improvements exhibit deferred maintenance and present an opportunity for substantial renovation or redevelopment. Adjacent to the residential structures is a vacant waterfront parcel zoned Heavy Industrial, adding versatility for future use and enhancing the sites appeal for commercial, marine-oriented, or mixed-use development concepts. With its expansive shoreline, prime location along the North Tongass corridor, and proximity to major visitor hubs, this property is ideally suited for a buyer looking to reimagine the site, change the existing use or completely redevelop the property. few offerings combine this amount of land, waterfront, and strategic positioning-making this a standout opportunity in the Ketchikan market.

Listing Office: Coastal Keller Williams Realty Alaska Group

Last Updated: December - 08 - 2025

5581 N Tongass Highway, Ketchikan, AK 99901 - MLS# 25-14549

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.

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