306 W 5th Avenue, Nome, AK 99762

306 W 5th Avenue

Nome, AK 99762

Price: $ See below	Virtual Tour
Square Ft: 22,353	View Map
Bedrooms:	Request More Info
Bathrooms:	Local Schools
Year Built: 1948	Printable Flyer

Historic Maynard McDougall Hospital Building

Click on the Virtual Tour link for more photos, floor plans and pricing! Expansive commercial building available for sale or for lease. If walls could talk, this historic building would have remarkable stories to share! Constructed in 1948, she served as the Maynard McDougall Memorial Hospital, providing care to Nome and the surrounding region for over 60 years. The building has been unoccupied for approximately 10 years, making it a blank canvas for someone with a vision to restore it to its former glory. Its prime location—within walking distance of grocery stores, the hospital, and Front Street, along with stunning mountain views—enhances its appeal. PRICING Thie property may be LEASED (with attractive tiered pricing for tenant improvements) or it may be purchased outright. Tailor the space to suit your needs—whether it's a single floor, a specific portion, or the entire building. This versatile canvas requires renovations and the owners have developed a very attractive price structure for parties interested in a long term lease of 5000 square feet or more. Just .50 per square foot for the first year, and .75 cents per square foot the second year or until tenant improvements are complete. This lease structure will allow you to craft a space that aligns with your vision. Imagine the possibilities: condos, apartments, a school or childcare facility, offices, or retail spaces—all within this strategically located building. Current tenants include Nome DMV, Northrim Bank, Nome Courthouse, TSR Automotive and other businesses. Centrally positioned, this property is not just a space; it's an investment in prime real estate. Your ideas combined with this central location create a recipe for success. The rental price is offered per square foot, providing flexibility for your business aspirations. Seize the moment to transform this building into a vibrant hub of potential and prosperity. Not wanting to rent? This building is also for sale with a list pric

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