137 W 5th Avenue, Anchorage, AK 99501

$850,000
Property Type: Commercial Sale Square Footage: 3,650 Lot Size (sq. ft.): 3,250 Status: Closed
Current Price: $850,000 Last Modified: 9/28/2024

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.

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.

More Information MLS# 24-2378

Contract Info

Price-List: 850000 Date-Listing: 2024-03-10 Status: Closed EM Minimum Deposit: 8000 Foreclosure/Bank Own: No

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 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

Directions and Remarks

Directions: Traveling on 5th Ave, property is on the right side just before B street.

Building Info

Parking Space-Ttl #: 4

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
Listing Office: Elite Real Estate Group
Last Updated: September - 28 - 2024
137 W 5th Avenue, Anchorage, AK 99501- MLS# 24-2378
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.