$4,750,000

Discover the Cathedral Arms, a landmark property in the heart of downtown Sitka, where exceptional residential and commercial opportunities converge. This iconic eight-story building offers unparalleled views of Sitka Sound and the majestic Mt. Edgecumbe, making it a sought-after location for both tenants and businesses. The Cathedral Arms boasts 37 well-appointed residential units, including 24 spacious one-bedroom apartments, 12 cozy efficiency apartments, and an exclusive penthouse suite. Each one-bedroom apartment is designed for modern living with a comfortable living room, full kitchen, bathroom, and generous closet space. The efficiency apartments provide an intimate yet functional layout, with a living area, kitchen, bathroom, and ample storage. The crown jewel of the building, the eighth-floor penthouse, offers two bedrooms, one bathroom, a large kitchen, dining area, spacious living room, and a private laundry room with washer and dryer. On the ground floor, the Cathedral Arms features four retail spaces, each offering high-visibility street-level access—ideal for businesses looking to capitalize on the prime location. The first floor also includes mechanical rooms, a welcoming lobby, and a convenient vestibule for ease of entry. Residents from the second to sixth floors enjoy shared laundry facilities, with additional storage rooms available for rent to meet their storage needs. Set on a 6,303-square-foot lot, with a total building area of 30,475 square feet, Cathedral Arms is strategically located within the Central Business District (CBD), placing it within easy reach of local shops, restaurants, and all the stunning natural beauty that Sitka has to offer. This is an extraordinary opportunity to own a property that blends historic character, modern amenities, and breathtaking views in one of Alaska's most desirable locations. Whether you are looking for a home, a business space, or both, Cathedral Arms offers the ideal setting for thriving in Sitka.