3020 Minnesota Drive, Anchorage, AK 99503
$7,475,000
Property Type:
Commercial Sale
Square Footage:
66,681
Lot Size (sq. ft.):
186,872
Status:
Pending
Current Price:
$7,475,000
Last Modified:
5/11/2026
Description
Sale includes 3020 & 3000 Minnesota Drive. Large 1-story shopping center with stand alone restaurant building, lots of parking. Long term tenants. PRIME location on the corner of Minnesota & Northern Lights. Large vacancy within shopping center, offering a huge value-add opportunity. Financials and appraisal available with NDA. Please do not disturb tenants.
More Information MLS# 25-6865
Contract Info
Price-List: 7475000
Date-Listing: 2025-06-06
Status: Pending
EM Minimum Deposit: 75000
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2026-05-11
Location Tax and Legal
Area: 10 - Spenard
Street #: 3020
Street Name: Minnesota
Arterial: Drive
Closest USPS Town: Anchorage
State: AK
Zip Code: 99503
Property Info
Type of Property: Single Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
% of Space Leased: 78.4
Acres: 4.29
SF-Lot: 186872.4
Lot Area Source: Other
SF-Res: 66681
Floors: 1
Zoning: B3 - General Business
Year Built: 1977
Directions and Remarks
Directions: Heading North on Minnesota from downtown cross over Benson, then cross over Northern Lights- property is located on the corner of Minnesota and Northern Lights Blvd.
Property Features
Primary Space: Retail
Exterior Finish: Masonry; Stucco
Foundation: Poured Concrete
Roof Type: Built-Up; Composition
Sewer: Public Sewer
Water Source: Public
Access: Paved
Listing Terms Financing: 1031 Exchange; Cash; Conventional
Documents: Appraisal; As-Built; Lease; P & L; Package Available
Documents
NDA ›Listing Office: GTK Real Estate
Last Updated: May - 11 - 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.
