$975,000
Anchorage, AK 99501
MLS# 25-1803
7288 sqft

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Property Description
Priced to sell at a 14% Cap Rate. This mixed retail office and residential property has a long term master lease with Tenant paying all expenses excluding only building major repairs. There are two penthouse apartments on the second floor and a garage. Excellent investor opportunity. Marketing brochure available upon request.
Details
Maps
Contract Info
Foreclosure/Bank Own: No
Price-List: 975000
Date-Listing: 2025-02-12
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1231
Tax Map #-Mat-Su: N/A
Legal: Lot 11, lock 115, Original Townsite Subdivision
Taxes (Estimated): 8160
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Type: Class B
Building Status: Leased
% of Space Leased: 100
Acres: 0.15
SF-Lot: 6500
Lot Area Source: Tax Authority
Zoning: B2B - Central Business Intermediate
Floors: 2
Type of Property: Mixed Use
SF-Res: 7288
Directions and Remarks
Directions: Located just past the Days Inn at 233 East 5th Avenue directly behind the Office Max
Primary Space
Office/Retail: 1
Location Tax and Legal
Area: 5 - Downtown Anchorage
Street #: 233
Directional: E
Street Name: 5th
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Property Features
Primary Space: Office/Retail
IDX
Listing Office: RE/MAX Dynamic Properties
Last Updated: February - 25 - 2025
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.