480 E 36th Avenue, Anchorage, AK 99501

$3,500,000
Property Type: Commercial Sale Square Footage: 6,884 Lot Size (sq. ft.): 35,807 Status: Closed
Current Price: $3,500,000 Last Modified: 10/01/2025

Description

Gorgeous one story office building located in the heart of midtown. This single tenant occupied Class A building was built to very high standards for the current single occupant Stewart Title Company. Current lease is NNN and expires 3/31/30. Tenant has 2 additional 5 year options to renew. Offered at a 7.25 cap rate. This sale is for the Building and Land only.

More Information MLS# 25-10423

Contract Info

Price-List: 3500000 Date-Listing: 2025-08-12 Status: Closed Foreclosure/Bank Own: No

Sold Info

Date-Pending: 2025-09-24 Date-Closing: 2025-10-01

Location Tax and Legal

Area: 10 - Spenard Street #: 480 Directional: E Street Name: 36th Arterial: Avenue Closest USPS Town: Anchorage State: AK Zip Code: 99501

Property Info

Type of Property: Single Use Building Type: Class A Realtor.com Type: Commercial Construction Status: Existing Structure Building Status: Leased % of Space Leased: 100 Acres: 0.82 SF-Lot: 35807 Lot Area Source: Tax Authority SF-Res: 6884 Floors: 1 Zoning: B3 - General Business Year Built: 2012

Directions and Remarks

Directions: South side of East 36th Avenue between Denali and Old Seward. Stewart Title Building

Property Features

Primary Space: Office/Retail Heating: Natural Gas Exterior Finish: Unknown - BTV Foundation: Unknown - BTV Roof Type: Unknown - BTV Flooring: Carpet Walls: Sheetrock Sewer: Public Sewer Water Source: Public Features-Commercial: Fire Sprinkler System; In City Limits; On-Site Parking; Stand Alone Unit Access: Maintained; Paved Listing Terms Financing: Cash; Other
Listing Office: Jack White Real Estate
Last Updated: October - 01 - 2025
480 E 36th Avenue, Anchorage, AK 99501- MLS# 25-10423
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.