Ocean Beauty selling Alaska-based cannery and bunkhouse for millions

Ocean Beauty Seafood’s Petersburg, Alaska, U.S.A.-based processing plant and bunkhouse has been listed for sale, with an asking price of just under USD 3.4 million (EUR 2.9 million), according to a recent report from KFSK.

The complete asking price for the property, which is currently listed with Juneau, Alaska-based real commercial real estate firm Carlton Smith Company, is USD 3,390,000 (EUR 2,979,665). The plant has more than 65,000 square feet of building space and just over three acres of industrial land. The accompanying bunk house for sale is located close by on Harbor Way, and consists of 13,000 square-feet of space. 

Located in the downtown waterfront area between two of Petersburg’s three harbors, the facility is being sold by Ocean Beauty in light of the company’s recent shift in focus away from canned seafood toward fresh and frozen processing. Ocean Beauty has been investing in its Excursion Inlet plant 40 miles west of Juneau to help realize this mission, the supplier’s president and CEO Mark Palmer said in August.

One of two cannery’s in Petersburg, the plant has been closed since 2016. It was also shuttered in 2010 and then again in 2012 – the year the state ferry Matanuska crashed into the building, resulting in the state of Alaska paying Ocean Beauty USD 3.9 million (EUR 3.4 million) in damages.

Originally a steamship dock operating into the early 1900s, the building site for the plant has housed many seafood companies over the last century. Chatham Straits Seafoods, a division of Ocean Beauty in the 1980s, was the unit responsible for the purchase of the site. The bunkhouse, in comparison, is relatively new, having been completed in 1999.

Around 200 seasonal employees worked at the site when it was fully operational, KFSK reported.

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