$850,000
137 W 5th Avenue
Anchorage, AK 99501
MLS# 24-2378
Status: Closed
3650 sqft


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Property Description
Affordable commercial property in excellent downtown business location at 5th & B St. Just down from the multimillion dollar revitalization project surrounding the Aviator Hotel at 4th & C. Easy walking distance to the 5th Ave Mall, entertainment, dining, the museum, and retail. The parking garage across the street offers abundant parking for customers. Gated, private parking in back for owner.

Details
Maps
Contract Info
EM Minimum Deposit: 8000
Foreclosure/Bank Own: No
Price-List: 850000
Date-Listing: 2024-03-10
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1230
Tax Map #-Mat-Su: N/A
Legal: Original L8 B46 W2
Taxes (Estimated): 2640
Tax Year: 2023
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Leased
% of Space Leased: 100
Acres: 0.07
SF-Lot: 3250
Lot Area Source: Tax Authority
Zoning: B2A - Central Business Core
Floors: 2
Type of Property: Mixed Use
SF-Res: 3650
Year Built: 1958
Directions and Remarks
Directions: Traveling on 5th Ave, property is on the right side just before B street.
Building Info
Parking Space-Ttl #: 4
Listing Terms Financing
1031 Exchange: 1
Cash: 1
Conventional: 1
Owner Finance: 1
Primary Space
Hospitality: 1
Secondary Space
Retail: 1
Exterior Finish
Masonry: 1
Heating
Baseboard: 1
Electric: 1
Natural Gas: 1
Roof Type
Asphalt: 1
Construction Type
Concrete: 1
Foundation
Block: 1
Flooring
Carpet: 1
Concrete: 1
Walls
Block: 1
Sheetrock: 1
Access
Dedicated Road: 1
Maintained: 1
Paved: 1
Sewer
Public Sewer: 1
Features-Commercial
In City Limits: 1
Restroom(s)-Private: 1
Fire Sprinkler System: 1
Sold Info
Date-Pending: 2024-08-02
Date-Closing: 2024-09-27
Location Tax and Legal
Area: 5 - Downtown Anchorage
Street #: 137
Directional: W
Street Name: 5th
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Property Features
Primary Space: Hospitality
Secondary Space: Retail
Heating: Baseboard; Electric; Natural Gas
Exterior Finish: Masonry
Construction Type: Concrete
Foundation: Block
Roof Type: Asphalt
Flooring: Carpet; Concrete
Walls: Block; Sheetrock
Sewer: Public Sewer
Features-Commercial: Fire Sprinkler System; In City Limits; Restroom(s)-Private
Access: Dedicated Road; Maintained; Paved
Listing Terms Financing: 1031 Exchange; Cash; Conventional; Owner Finance
Supplements
Continue the lease with the current occupant OR put your business in this amazing space! Zoned for multi-use, currently outfitted for a restaurant. Downstairs has a full sprinkler system, two stairways to the main floor. Heating system, electrical upgrade, Vulcan range, vent hood w/ fire suppression all installed in 2011. Stainless steel sink and prep tables included.

IDX
Listing Office: Elite Real Estate Group

Last Updated: September - 28 - 2024

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.