Alaska Online Public Notices #MHT 9101461

Negotiated Sale of Trust Land in Ketchikan, Alaska for Commercial Development

This opportunity involves the negotiated sale of Trust land in Ketchikan, Alaska for commercial development. - Government Buyer: - Alaska Mental Health Trust Land Office (a division of the Alaska Mental Health Trust Authority) - Executive Director's Office is the responsible office - Property Details: - Lot 12, Block 1, Lake View Subdivision (Trust Land Survey No. 2022-02, MH parcel C32033, portion) - Approximately 5.762 acres located near Control Lake on Prince of Wales Island - Sale price: $128,000 (60% above appraised fair market value) - Intended Use: - Commercial development including a laundromat, convenience store, fuel station, and RV accommodations - Unique Requirements and Notable Details: - Land is sold 'as is' and 'where is'; purchaser is responsible for all closing costs - Public comment and competing offers are invited during a 30-day notice period - Competing offers must exceed the current offer and include a 10% deposit - Sale is subject to final approval by the Executive Director after the notice period - No OEMs or commercial vendors are involved, as this is a land sale opportunity

Description

The Alaska Mental Health Trust Land Office has decided to complete a negotiated sale of certain Trust land located in Ketchikan, Alaska, specifically Lot 12 in Block 1 of Lake View Subdivision containing approximately 5.762 acres. The sale is to Shannon Bosdell and Victoria Bosdell for $128,000, which is 60% above the appraised fair market value. The land is intended for commercial development including amenities such as a laundromat, convenience store, fuel station, and RV accommodations. Interested parties may submit qualified competing offers or comments by October 9, 2026.

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