• Slide: The Image of Custom 54 Steel Fishing Vessel, 1976, docked with equipment, labeled "Tomahawk Chop," scenic backdrop. - 1The Image of Custom 54 Steel Fishing Vessel, 1976, docked with equipment, labeled "Tomahawk Chop," scenic backdrop. - 1
  • Slide: The Image of Blue fishing vessel docked near a white building, misty mountains in the background. - 2The Image of Blue fishing vessel docked near a white building, misty mountains in the background. - 2
  • Slide: The Image of 1976 Custom 54 Steel Fishing Vessel "Olympic" on water with crew in rain gear. - 3The Image of 1976 Custom 54 Steel Fishing Vessel "Olympic" on water with crew in rain gear. - 3
  • Slide: The Image of 1976 Custom 54 Steel Fishing Vessel 'Tomahawk Chop' on open water, crew member aboard. - 4The Image of 1976 Custom 54 Steel Fishing Vessel 'Tomahawk Chop' on open water, crew member aboard. - 4
  • Slide: The Image of Custom 54 Steel Fishing Vessel (1976) on serene lake with forested hills and cloudy sky. - 5The Image of Custom 54 Steel Fishing Vessel (1976) on serene lake with forested hills and cloudy sky. - 5
  • Slide: The Image of Custom 54 Steel Fishing Vessel, 1976, illuminated at dusk on calm waters. - 6The Image of Custom 54 Steel Fishing Vessel, 1976, illuminated at dusk on calm waters. - 6
  • Slide: The Image of Fishing vessel "54 Steel" hauling nets in a serene waterway, 1976 model. - 7The Image of Fishing vessel "54 Steel" hauling nets in a serene waterway, 1976 model. - 7
  • Slide: The Image of 1976 Custom 54 Steel Fishing Vessel docked, loaded with fishing gear and nets. - 8The Image of 1976 Custom 54 Steel Fishing Vessel docked, loaded with fishing gear and nets. - 8
  • Slide: The Image of 1976 Custom 54 Steel Fishing Vessel on land, surrounded by trees and equipment. - 9The Image of 1976 Custom 54 Steel Fishing Vessel on land, surrounded by trees and equipment. - 9
  • Slide: The Image of 1976 Custom 54 Steel Fishing Vessel in Hoonah, Alaska, on a marine travel lift. - 10The Image of 1976 Custom 54 Steel Fishing Vessel in Hoonah, Alaska, on a marine travel lift. - 10
  • Slide: The Image of Blue 1976 Custom 54 Steel Fishing Vessel "Olympic" in dry dock, surrounded by trees. - 11The Image of Blue 1976 Custom 54 Steel Fishing Vessel "Olympic" in dry dock, surrounded by trees. - 11
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1976 Custom 54 Steel Fishing Vessel

$500,000

Used

Boat in Sitka, AK 99835 US

builtBuilt in 1976
Year the boat was built
model

54 Steel Fishing Vessel

Boat model
engine

1 Engine (Detroit Diesel)

Engine type and count
length

54 feet

Overall boat length
fuel

Diesel

Fuel type
material

Steel

Hull material

F/V OLYMPIC54' STEEL MULTI-FISHERY COMMERCIAL PLATFORM - SITKA, AK

TURN-KEY LONG LINE / TURN-KEY SEINE + LONG LINE

PRICING / PURCHASE STRUCTURE

OPTION 1 - $500,000 | LONG LINE TURN-KEY
Complete longline operation ready to fish.

OPTION 2 - $550,000 | SEINE + LONG LINE TURN-KEY (Seine permit not included)
Includes all longline gear plus full seine configuration and skiff.
No additional capital required to make first opening.

ENTRY ADVANTAGE (Q1 MATTERS)

Buying Olympic in Q1 means:

  • Fishing when 2C/3A halibut and black cod open

  • Cash flow from day one

  • No months of outfitting

  • No net purchases (if buying the $550K package)

  • No electronics upgrade cycle

  • No "surprise" generator replacement planning

  • You step aboard and fish

This is how operators get ahead: they start earning while other boats are still rigging.

INVESTMENT THESIS (REAL-WORLD, OPERATOR LOGIC)1) Immediate Revenue Capability

Acquiring before Q1 positions the buyer to participate immediately in:

  • Spring halibut openings

  • Southeast black cod season beginning March

  • Summer salmon seine openings

That's the difference between "owning a boat" and "running a business."

2) Diversified Income Model (Multi-Fishery Flexibility)

Olympic is designed around multiple earning lanes:

FisherySeasonal UseRevenue Range*Black Cod & HalibutMarch-December$100K - $250K+Salmon SeineSummer$250K - $500KCrab / Dive / TenderFlexibleSupplemental

*Historic owner performance; varies by quota, market, participation.

Diversification reduces single-fishery risk - which matters to operators and lenders.

3) Efficiency Profile

  • Annual fuel costs historically under $36,000 (owner-reported)
    That's meaningful operating leverage for a 54' steel working platform.

HARD SPECS / THE PLATFORM (Survey-Based)DIMENSIONS & REGISTRATION

  • LOA: 54'

  • Beam: 17'

  • Depth: 9'

  • Gross / Net Tons: 50 GT / 34 NT

  • Home Port: Sitka, Alaska

  • Waters: Alaska

  • Service: Commercial fishing

CONSTRUCTION (COMMERCIAL STEEL)

  • Hull: ¼" steel plate

  • House: 3/16" steel plate

  • Frames: 1.5" x 3.0" steel

  • Decks: steel plate

  • Bulkheads: framed steel plate

  • Bulwarks: framed steel

  • Guards: split pipe

  • Stem/Keel: integral steel

This is the kind of build that holds value in Alaska service.

LAYOUT (WORKING FISH BOAT LOGIC)

  • Galley aft to port, mess table forward

  • Head + berth to starboard

  • Focs'le crew berths forward

  • Wheelhouse with day berth, seating both sides

  • Starboard helm with overhead electronics and comms

  • Engine room: centerline main, auxiliaries port & starboard

  • Shaft alley → fish holds → lazarette with steering/fuel

  • Fresh water tank far aft

  • Working deck with hydraulic controls, davits, and hold access

  • Longline: aluminum bait shed + port JK hauler

PROPULSION / POWER / DRIVE TRAINMAIN ENGINE

  • Detroit Diesel 8V71

  • 275 HP

  • Diesel

  • Keel cooled

  • Exhaust: dry + wrapped

  • Attachments: DC alternator, DC starter, Pitts clutch

CONTROLS

  • ZF Micro Commander 91100

  • Stations: wheelhouse + deck

REDUCTION GEAR / SHAFTING

  • Twin Disc MG509

  • Ratio: 4.5:1

  • Intermediate shaft: 3" CRS

  • Tail shaft: 3" stainless

  • Bearings: split babbitt intermediate / cutlass style stern

  • Steering: hydraulic, steel rudders

  • Autopilot: Comnav 2001

AUXILIARY POWER

John Deere 4BT

  • 40 kW

  • ~130 HP est.

  • 2,418 hrs

  • Keel cooled

  • 60/40 pump off PTO

Isuzu 3TEP-BG2GT

  • 12 kW

  • 18,060 hrs

  • Keel cooled

TANKAGE / SYSTEMSFUEL

  • Steel tanks midships & aft

  • Capacity: 6,900 gallons

  • Lines: pipe & hose

  • Valves: yes | Venting: yes

OTHER TANKS

  • Hydraulic tank: 100 gallons

  • Fresh water: 1,600 gallons

  • Water heater: Torrid

  • MSD sanitation noted

HOLDS / REFRIGERATION / CAPACITY

  • Holds: floodable

  • Insulated: yes

  • Refrigerated: yes

  • Forward hold packs: 60,000 lbs salmon

  • Aft hold packs: 10,000 lbs salmon

  • Total pack: ~70,000-75,000 lbs

ELECTRICAL

  • 12/24V DC + 110/208V AC

  • Marine stranded wire, supported and secured

  • Panels with breakers and proper switching

  • Shore power cord + bulkhead mount

  • Batteries secured, charged via alternators and chargers

PUMPS / SAFETY / FIREPUMPS

  • Bilge: two DC pumps

  • Bilge sensors: yes

  • Other: condenser water, circulation water, deck wash, domestic water

FIRE & SAFETY

  • Fixed Halon system in engine room (current)

  • Fire sensors

  • ABC extinguishers in galley, wheelhouse, foc'sle, engine room

  • Guardian liferaft (SOLAS A pack)

  • EPIRB

  • Survival suits

  • Flares

  • Life ring + line

  • General alarm system

DECK GEAR / RIGGING / WINCH PACKAGE

  • Steel Forfjord anchor

  • Hydraulic anchor winch

  • Chain + cable rode

  • Steel mast (6" pipe), steel tripod rigging

  • Steel boom (6" pipe)

Winches / Gear Listed

  • PL-5 topping lift

  • PL-5 boom lift

  • Pullmaster H8 boom lift

  • Boom vang winch

  • Marco deck winch

  • Marco power block w/ swivel + gripper

  • JK longline hauler

ELECTRONICS PACKAGE (SURVEY LIST)

  • Furuno FCV-295 sounder

  • Furuno radar dome DRS4DNXT

  • Furuno TZT16F touch plotter/radar

  • TimeZero navigation software on ship computer

  • Comnav 2001 pilot

  • Comnav 201 remote (new)

  • RDF bridge watch

  • Icom IC-M612 VHF

  • Icom IC-M506 VHF

  • Uniden UM525

  • Koden GPS / satellite compass

  • Koden depth sounder

  • SEA 222 SSB

  • TracPhone

  • Starlink communications

  • New HOBO system

GALLEY

  • Electric range

  • Sink

  • Refrigerator

  • Chest freezer

ATTACHED / ADDITIONAL EQUIPMENT (SURVEY)

  • Air compressor

  • Welder

  • Tools + spares

  • Aluminum wave wall

  • Aluminum bait shed

  • Longline gear

  • Seine gear

  • Aluminum seine skiff

  • Forward / aft / side lighting package

LIGHTING (SURVEY)

  • Highliner 100W on house

  • Highliner 300W facing aft

  • Titan 540W amber forward floods

  • LED hauling / aft / forward lighting upgrades (2020)

SEINE + LONG LINE PACKAGE - $550,000 (TURN-KEY)

Includes all longline equipment plus full seine configuration:

Seine Equipment

  • 450-mesh nylon net

  • 375-mesh Spectra net (primary working net)

  • Marco deck winch

  • Marco 28" power block w/ swivel & gripper

  • Two side davits (roller + horns)

Skiff

  • 20' brown skiff

  • Cummins 6BT

  • 3:1 reduction

  • 4,800 lb towing capacity

No additional capital required to make first opening.

RECENT UPDATES (SURVEY)

  • 2025: new packing and paint

  • 2025: propeller tuned

  • 2024: new rubber boot off Pitts clutch

  • 2024: reduction gear rebuilt

  • 2024: new reduction gear cooler

  • 2022: small generator end replaced

  • 2020: hydraulic cooler added + LED lighting upgrades

Nominal Length
54ft
Length Overall
54ft
Beam
17ft
Fresh Water Tanks
1600gal
Fuel Tanks
6900gal
Hull Material
steel
Engine 1
Engine Make
Detroit Diesel
Engine Model
8V71
Engine Hours
2418
Engine Type
inboard
Fuel Type
diesel
Disclaimer

The Company offers the details of this vessel in good faith but cannot guarantee or warrant the accuracy of this information nor warrant the condition of the vessel. A buyer should instruct his agents, or his surveyors, to investigate such details as the buyer desires validated. This vessel is offered subject to prior sale, price change, or withdrawal without notice.

Price History

DateEventPrice
3/12/26Initial price$500,000

Overview from around the web 1976 Custom 54 Steel Fishing Vessel

Customers praise the 1976 Custom 54 Steel Fishing Vessel for its robust construction and timeless design

Many highlight its durable steel hull, which provides excellent stability and safety in various sea conditions. Owners appreciate the spacious deck layout, ideal for both serious fishing expeditions and comfortable cruising. The vessel's classic styling combined with practical features makes it a favorite among seasoned anglers and boating enthusiasts alike. Overall, customers commend this boat for its reliability, solid build quality, and enduring performance on the water.

The Biggest Pros and Cons

The 1976 Custom 54 Steel Fishing Vessel offers several advantages and some considerations to keep in mind:

Pros

Durability: Built with a steel hull, this vessel provides exceptional strength and resilience, making it well-suited for tough fishing conditions.

Spaciousness: At 54 feet, the boat offers ample deck and cabin space, allowing for comfortable fishing operations and crew accommodations.

Stability: The steel construction and design contribute to excellent stability in rough waters, enhancing safety and comfort during extended trips.

Customization: Being a custom build, the vessel can be tailored to specific fishing needs and preferences, optimizing functionality.

Longevity: With proper maintenance, steel boats like this can have a very long service life compared to other materials.

Cons

Weight: Steel hulls are heavier than fiberglass or aluminum counterparts, which may impact fuel efficiency and speed.

Maintenance: Steel requires regular maintenance to prevent corrosion, including painting and inspections, which can be time-consuming and costly.

Maneuverability: Due to its size and weight, the vessel may be less agile compared to smaller fishing boats.

Initial Cost: Custom steel vessels often come with higher upfront costs due to materials and craftsmanship involved.

Made For

The 1976 Custom 54 Steel Fishing Vessel is designed for serious anglers and fishing enthusiasts who value durability, stability, and ample space for extended trips. Ideal for those seeking a rugged, reliable boat capable of handling challenging waters while providing a comfortable and functional platform for both professional and recreational fishing adventures.

Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1976 Custom 54 Steel Fishing Vessel. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Commercial cost in today's market, or how much does a Custom cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$5,674.86/mo
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Loan amount$ 500,000
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Finance your dream boat!

Use our boat payment calculator to estimate monthly payments for 1976 Custom 54 Steel Fishing Vessel. Enter your down payment, choose a loan term, and adjust the interest rate to see an instant payment estimate — ideal if you're calculating boat payments before you enquire. Wondering how much does a Commercial cost in today's market, or how much does a Custom cost for similar models? This boat financing calculator helps you compare scenarios in seconds, whether you're considering used boat financing or a new purchase.
Monthly payment
$5,674.86/mo
$
$
Loan amount$ 500,000
OR
%

Contact W S Yacht Brokers - Portland

909 N Tomahawk Island Dr, Suite 104, Portland, OR, 97217

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Suite 104
Portland, OR 97217

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Contact W S Yacht Brokers - Portland about 1976 Custom 54 Steel Fishing Vessel

909 N Tomahawk Island Dr, Suite 104, Portland, OR, 97217

By checking this box, I consent to receive recurring marketing text messages, phone calls, and emails from W S Yacht Brokers - Portland at the number and email provided, including messages sent using an autodialer or prerecorded voice. Message frequency varies. Message and data rates may apply. Reply STOP to opt out or HELP for assistance. Consent is not a condition of purchase. We'll also send helpful email updates about your boat search. You can unsubscribe whenever you like. See Terms of Use and Privacy Policy.

Contact W S Yacht Brokers - Portland

909 N Tomahawk Island Dr, Suite 104, Portland, OR, 97217

By checking this box, I consent to receive recurring marketing text messages, phone calls, and emails from W S Yacht Brokers - Portland at the number and email provided, including messages sent using an autodialer or prerecorded voice. Message frequency varies. Message and data rates may apply. Reply STOP to opt out or HELP for assistance. Consent is not a condition of purchase. We'll also send helpful email updates about your boat search. You can unsubscribe whenever you like. See Terms of Use and Privacy Policy.

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