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$4,000,000
Est. payment /mo
19 Baths
8,391 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,391 sqft
Price per Sqft $476
MLS Listing ID 11612656
Full Baths 19
Year Built 1996
Property Description
Step into a rare opportunity to own a 19 room thriving, turnkey lodging/hotel business in the northernmost town in North America. The King Eider Inn, located in Utqiagvik (formerly Barrow), Alaska, is a renowned, household name celebrated for its warm hospitality, rustic charm, and unmatched proximity to the Arctic wilderness. With cozy pine-log furnishings, a private sauna, an inviting lobby fireplace, and handcrafted Eskimo gifts, the inn delivers an authentic, heartfelt Alaska experience trusted by travelers, researchers, corporate teams, and adventure seekers from around the world. Built in 1998 and maintained with pride, King Eider Inn consistently ranks as the highest-rated hotel in Utqiagvik, known for its exceptional cleanliness, comfort, and welcoming atmosphere. NDA required to furnish Historical Financial Data sale includes 8,391sf Building Structure Only Lot is 30 year Land Lease with DOT (renewable or possible transferrable) Executive Investment Overview A Turnkey Property With Immediate Income & Significant Growth Potential King Eider Inn produces dependable revenue while offering substantial upside for the next operator. With established infrastructure, proven bookings, and loyal clientele, the inn is fully prepared for seamless ownership transition. Revenue Expansion Opportunities Include: Enhanced digital marketing outreach Corporate & government contracts Seasonal tourism packages Northern Lights experiences Adventure or eco-tourism programs Wellness retreats & specialty workshop events Potential expansion of amenities or services With nearly all operations already in place, the right investor can elevate this property into an even higher-performing Northern hospitality destination. Unmatched Location - 2 Minutes Walk From the Airport One of the inn's greatest competitive advantages is its proximity to the Wiley Post-Will Rogers Memorial Airport (BRW) - only 0.1 km (100-200 meters) away, roughly a 2-minute walk from the terminal. This convenience is invaluable in a remote Arctic environment, making the King Eider Inn the first choice for: Researchers Government teams Tour groups Contractors Adventure travelers Visitors seeking comfort immediately upon arrival Exceptional Guest Experience Guests return year after year for the inn's balance of comfort, authenticity, and Arctic atmosphere. Highlights include: Authentic Alaskan Ambiance Beautiful pine log furnishings Cozy lobby with stone fireplace Fresh hot coffee and tea always available Warm hospitality from a team known for friendliness and detail Comfort & Convenience 19 well-appointed rooms, including suites and kitchenette options Complimentary high-speed wireless internet Wheelchair-accessible rooms On-site private sauna Quality bedding and clean, restful accommodations Local Culture & Craftsmanship Native Eskimo crafts and handmade gifts from the North Slope community True immersion into Utqiagvik's Arctic culture, environment, and traditions Adventure at Your Doorstep Wildlife viewing Tundra walks & cultural tours Whale-watching seasons Arctic photography Northern Lights experiences (seasonal) The simple serenity of life above the Arctic Circle The King Eider Inn delivers an experience impossible to replicate elsewhere in America. Growth & Expansion Opportunities The property's established success forms a launchpad for new development. Potential expansions include: Tourism Packages Northern Lights tours Wildlife & birding experiences Winter survival workshops Arctic cultural immersion trips Specialty Retreats Corporate retreats Wellness, yoga, and meditation events Photography workshops Scientific expedition lodges Value-Add Improvements Spa cabins or wellness suites Enhanced outdoor seating or viewing decks Guided tours or shuttle services Expanded merchandise or gift shop offerings With Utqiagvik's steady year-round traffic from researchers, visitors, and government personnel, occupancy can scale meaningfully with targeted initiatives.
Location
State AK
County 02185
Rooms
Dining Room 0
Kitchen 0
Building
Story 2
Sewer Municipal
Water Municipal
Structure Type Frame
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