$2,600,000
707 A Street
Anchorage, AK 99501
MLS# 19-1346
Status: Closed
20424 sqft


New exterior pain
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New exterior pain New exterior front New interior 2 New interior New common hallway New Lounge pano New lounge 2 New 2nd floor entrance New 2nd floor common hallway New back stairwell Remodeled Elevator New ADA restroom upgrades New restroom vanities Parking lot looking west Parking lot looking east 707 A Aerial

Property Description
Name this building after your company. Approx. 20,424 SF two-story office building with INCOME located downtown near Anchorage Museum, Federal Building, Federal Courthouse and bus stop. Amenities include, elevator, sprinklers, fire alarm, has private offices, classroom size rooms, open areas, 5-restrooms includes ADA, common area breakroom, front and rear handicap ramps, crawlspace, etc.

Details
Maps
Documents
Contract Info
EM Minimum Deposit: 30000
Foreclosure/Bank Own: No
Price-List: 2600000
Date-Listing: 2019-01-31
Status: Closed
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1331
Tax Map #-Mat-Su: N/A
Legal: Original L4 L5 L6 B109
Taxes (Estimated): 33000
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Type: Class B
% of Space Leased: 46
Acres: 0.48
SF-Lot: 21000
Lot Area Source: Tax Authority
Zoning: B2B - Central Business Intermediate
Floors: 2
Type of Property: Single Use
SF-Res: 20424
Year Built: 1973
Directions and Remarks
Directions: Located on the SW corner of 7th Avenue and A Street. Onsite parking lot to the north of the building.
Building Info
Parking Space-Ttl #: 27
Building Name: You Name the Building
Listing Terms Financing
Cash: 1
Conventional: 1
Primary Space
Office: 1
Heating
Forced Air: 1
Natural Gas: 1
Roof Type
Other: 1
Access
Dedicated Road: 1
Government: 1
Maintained: 1
Paved: 1
Sewer
Public Sewer: 1
Office
Office Apx SF: 20424
Features-Commercial
Corner Lot: 1
DSL/Cable Available: 1
Elevator: 1
In City Limits: 1
Master Meter - Elec: 1
Master Meter - Gas: 1
On-Site Parking: 1
Restroom(s)-Handicap: 1
Restroom(s)-Private: 1
Fire Sprinkler System: 1
Documents
As-Built: 1
Docs Posted on MLS: 1
Floor Plan: 1
Sold Info
Date-Pending: 2021-10-25
Date-Closing: 2021-12-27
Location Tax and Legal
Area: 5 - Downtown Anchorage
Street #: 707
Street Name: A
Arterial: Street
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Property Features
Primary Space: Office
Heating: Forced Air; Natural Gas
Roof Type: Other
Sewer: Public Sewer
Features-Commercial: Corner Lot; DSL/Cable Available; Elevator; Fire Sprinkler System; In City Limits; Master Meter - Elec; Master Meter - Gas; On-Site Parking; Restroom(s)-Handicap; Restroom(s)-Private
Access: Dedicated Road; Government; Maintained; Paved
Listing Terms Financing: Cash; Conventional
Documents: As-Built; Docs Posted on MLS; Floor Plan
Supplements
21,000sf Lot, zoned B2B. 27 onsite parking spaces, additional street metered parking and pay lots nearby. Contemporary design remodel underway, completed renovations so far include Sept '18 installed new gas forced air Rooftop mounted penthouse multi-zoned HVAC unit (10-year warranty on heat exchangers & 5-year warranty on the compressor). Aug '18 installed new polyglass roof membrane with APOC Sunshield (ultra-violet heat protection - 12-year warranty). '18 New Exterior paint, exterior mounted building lights and restriped parking lot. Additional renovations include new common area paint, carpet tile flooring in lobby, entrances, stairs and hallways. New vinyl flooring in restrooms and breakroom. New restroom solid surface countertops, sinks & faucets, new breakroom kitchenette, cabinets, solid surface countertops, sinks, faucets & appliances. New wall laminate and carpet tiles in Elevator. New maple common area doors and new door trim. Currently have 4-Tenants leasing approximately 9,443 RSF suites with income of approx. $16,086 monthly. All leases have relocation clauses in them. Also, available for Lease -4 suites remaining, rates start at $1.60prsf. Tenant improvements negotiable, amortized over lease term and added to the lease rate. Tenant pays own janitorial, telephone & internet. One on-site parking space allocated per 900 sf leased. 3-day a week light janitorial available for $.12 per square foot. Listing Broker and Licensee have a financial interest in the subject property commonly known as 707 A Street, Anchorage, Alaska.

IDX
Listing Office: Pacific Tower Properties

Last Updated: August - 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.