$1,749,000
Anchorage, AK 99503
MLS# 26-2966
13830 sqft
1 / 7
Property Description
Spenard mixed-use opportunity with income potential, rare parking, and a penthouse with mountain views. 1068 W Fireweed Lane is a 4-story building offering high visibility, strong accessibility, and a flexible layout for owner-users or investors.
Details
Maps
Documents
Contract Info
Foreclosure/Bank Own: No
Price-List: 1749000
Date-Listing: 2026-03-27
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1529
Tax Map #-Mat-Su: N/A
Legal: Hillstrand L1A
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 0.52
SF-Lot: 22651
Lot Area Source: Tax Authority
Zoning: B3 - General Business
Floors: 2
Type of Property: Mixed Use
SF-Res: 13830
Directions and Remarks
Directions: Between Spenard Rd and Arctic Blvd
Primary Space
Office/Retail: 1
Secondary Space
Condo: 1
Office/Retail: 1
Exterior Finish
Masonry: 1
Wood: 1
Heating
Forced Air: 1
Roof Type
Membrane: 1
Construction Type
Block: 1
View Type
Mountains: 1
Foundation
Block: 1
Slab: 1
Flooring
Carpet: 1
Walls
Block: 1
Sheetrock: 1
Access
Paved: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Features-Commercial
Elevator: 1
In City Limits: 1
Living Quarters: 1
On-Site Parking: 1
Documents
Docs Posted on MLS: 1
Property Disclosure: 1
Location Tax and Legal
Area: 10 - Spenard
Street #: 1068
Directional: W
Street Name: Fireweed
Arterial: Lane
Closest USPS Town: Anchorage
State: AK
Zip Code: 99503
Property Features
Primary Space: Office/Retail
Secondary Space: Condo; Office/Retail
Heating: Forced Air
Exterior Finish: Masonry; Wood
Construction Type: Block
Foundation: Block; Slab
Roof Type: Membrane
Flooring: Carpet
Walls: Block; Sheetrock
Sewer: Public Sewer
Water Source: Public
Features-Commercial: Elevator; In City Limits; Living Quarters; On-Site Parking
Access: Paved
View Type: Mountains
Documents: Docs Posted on MLS; Property Disclosure
Supplements
The property includes 7,705 SF of retail across two floors, a 4,300 SF basement ideal for storage, and a 1,848 SF penthouse with private balcony and expansive views. The penthouse previously generated ~$2,000/month and now presents a value-add opportunity ready for renovation.
An elevator services the building, and the large on-site parking lot is a standout feature in the Spenard/Midtown area. Surrounded by a strong mix of businesses and residential density, this is a strategic opportunity with immediate usability and long-term upside.
Property Profile 
IDX
Listing Office: RMG Real Estate
Last Updated: March - 29 - 2026
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.