Alaska's Capital Inn
Offered for sale at $1,750,000
Need a lifestyle change and want to escape to paradise? Maybe work for yourself and enjoy a different way forward? Catch a fresh salmon or some crab for dinner? You can make it happen and here is your opportunity. We are retiring after almost 19 years in the local lodging business operating two bed & breakfasts, and new owners can step in and inherit a seasoned and profitable year round enterprise.
We market to all the top B&B travel websites. Listed highly on Trip Advisor and rated the best in the Capital City by a number of on line guides. The Inn has been in business long enough that we are now seeing repeat guests traveling to visit the State again. Advance reservations are a significant revenue source during the winter. New owners can expect a cash transfer of deposits at the time of sale. We are Fodor’s Choice in the Capital City and listed as the best place to stay with Frommer’s Travel Guides. We have been featured on the Home and Garden TV Network and also on the Travel Channel, a subsidiary of the Discovery Network. In August 2012, we were featured on Fox News, in their program, “Juneau In 5” as the bed & breakfast for accommodations in the Capital. This was huge exposure for us as the Fox website gets 1.5 million hits per month.
All of the building’s maintenance and systems are up to date and there are no repair issues or problems to be addressed by a new owner. The building was stripped to the framing with all new wiring, plumbing, structural, foundation and heating and fire protection, so there are no hidden issues pending or in need of attention period. All cast iron and copper plumbing, sound deadening walls, radiant floor heating in some areas, two inch waterline, and many other upgrades throughout the house too numerous to list here. The exterior of the house was last repainted entirely during the summer of 2015. All interior trim was painted in the spring of 2012. During the summer of 2013 two new fuel tanks were installed and plumbed, along with a complete over haul of the furnace at a cost of just over $11,000. The fire escape was also replaced for $16,500. The Inn’s web site just (April 2014) went through a major face lift for $7,000 ensuring all device capability.
Given the current local and prohibitive building codes for B&B’s and coupled with the lack of available historic houses within the multi-use zoning area of downtown, the chance of competition from another B&B is extremely remote. So, no competition from another B&B! Probably ever! Alaska’s Capital Inn will in all likelihood be the only historic B&B in downtown Juneau.
Our location is also eligible for marijuana retail store and cafe, marijuana manufacturing (edibles), and marijuana testing facility. An increase with a Bud & Breakfast would generate an additional $80,000 a year.Room for expansion, generate another $100,000 a year!
Alaska has been our home for almost 40 years, so we are not leaving the area. Should new owners desire some assistance or inn sitting, we will be around town. Thanks for viewing and now to plan your future! This is a unique opportunity for the right couple looking to run this type of hospitality business.
- 7 Guest Rooms
- 8 Guest Room Baths
- Has Owner's Quarters
- Built in 1906
- Last Renovated in 2015
- Opened in 2001
- Building is 4,600 SQFT
- Lot is 0.5 Acres
- Photo Gallery
- Property Website
- Offered for sale at $1,750,000
- Average Daily Rate: 260
- Annual revenue is $300,000
- Terms: willing to carry the note for a good down payment, and the right offer. Inn will qualify for an SBA loan.Room for expansion!!
- Prequalify for Financing