$1,275,000
Anchorage, AK 99501
MLS# 23-9640
5979 sqft
1 / 11
Property Description
Real Estate Only - No business included in sale. Business has no plans to sell or close. DO NOT DISTURB TENANT. Excellent investment opportunity in downtown Anchorage. Property is 100% leased with a stable and reputable tenant, Ginger Restaurant. 7.5% cap rate with annual increases and relatively fixed expenses makes for a strong return for the right investor.
Details
Maps
Contract Info
Price-List: 1275000
Date-Listing: 2023-08-08
Status: Active
Commission Type: %
Commission to SO: 3
Foreclosure/Bank Own: No
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Area: 5 - Downtown Anchorage
Street #: 425
Directional: W
Street Name: 5th
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Grid # (Muni Anch): SW0930
Tax Map #-Mat-Su: N/A
Legal: Original L9 B43
Property Info
Type of Property: Mixed Use
Building Type: Class A
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Leased
% of Space Leased: 100
Acres: 0.15
SF-Lot: 6500
Lot Area Source: Other
SF-Res: 5979
Floors: 1
Zoning: B2A - Central Business Core
Year Built: 1957
Directions and Remarks
Directions: Across from JC Penny on W 5th Avenue in downtown.
Retail
SF-Retail Apx: 5979
Property Features
Primary Space: Retail
Heating: Forced Air; Natural Gas
Features-Commercial: In City Limits; Restroom(s)-Private; Separate Meter-Elec; Separate Meter-Gas
Access: Maintained
View Type: City Lights; Mountains
Documents: Lease; P & L; Package Available
Listing Office: Jack White Commercial
Last Updated: April - 15 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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