ALASKA'S NEWSPAPER

| Updated: 12:01 AM

In a March 24, 2011, photo, the 276-foot ferryboat Kalakala lists in its mooring on the Hylebos Waterway, in Tacoma.  Dreams of a new life for the Art Deco ferryboat MV Kalakala may be sinking, just like the 1935 boat itself.

Janet Jensen / AP Photo

In a March 24, 2011, photo, the 276-foot ferryboat Kalakala lists in its mooring on the Hylebos Waterway, in Tacoma. Dreams of a new life for the Art Deco ferryboat MV Kalakala may be sinking, just like the 1935 boat itself.

Historic ferry that saw Alaska fishing duty for sale in Tacoma for a buck

TACOMA -- The historic Kalakala ferry is for sale -- for $1.

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The once-sleek, silver art-deco vessel is now in Tacoma and starting to sink. The Coast Guard may seize the boat soon. The Kalakala needs repairs completed to keep her afloat.

Built in the 1920s, the Kalakala began serving Seattle as a ferry in 1935. It sailed the Bremerton route for more than 30 years before it was auctioned off in 1967. It was repurposed in Alaska as a fish processing ship before being grounded in 1972 as a cannery.

The current owner says the one buck sale price is for someone who commits to renovating the Kalakala.

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