233 E 5th Avenue, Anchorage, AK 99501
$975,000
Property Type:
Commercial Sale
Square Footage:
7,288
Lot Size (sq. ft.):
6,500
Status:
Active
Current Price:
$975,000
Last Modified:
2/12/2026
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.
More Information MLS# 25-1803
Contract Info
Price-List: 975000
Date-Listing: 2025-02-12
Status: Active
Foreclosure/Bank Own: No
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 Info
Type of Property: Mixed Use
Building Type: Class B
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Leased
% of Space Leased: 100
Acres: 0.15
SF-Lot: 6500
Lot Area Source: Tax Authority
SF-Res: 7288
Floors: 2
Zoning: B2B - Central Business Intermediate
Directions and Remarks
Directions: Located just past the Days Inn at 233 East 5th Avenue directly behind the Office Max
Property Features
Primary Space: Office/Retail
Listing Office: RE/MAX Dynamic Properties
Last Updated: February - 12 - 2026
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.
