$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
Property Info
Type of Property: Mixed Use
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
SF-Res: 3650
Floors: 2
Zoning: B2A - Central Business Core
Year Built: 1958
Contract Info
Price-List: 850000
Date-Listing: 2024-03-10
Status: Closed
EM Minimum Deposit: 8000
Foreclosure/Bank Own: No
Directions and Remarks
Directions: Traveling on 5th Ave, property is on the right side just before B street.
Building Info
Parking Space-Ttl #: 4
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
Water Source: Public
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.