720 W 5th Avenue, Anchorage, AK 99501
$28,000,000
Property Type:
Commercial Sale
Square Footage:
125,629
Lot Size (sq. ft.):
26,650
Status:
Closed
Current Price:
$28,000,000
Last Modified:
11/25/2025
Description
200 Room high rise hotel in Downtown Anchorage. Exceptional opportunity to overcome barriers to entry in a prime downtown Anchorage location.
More Information MLS# 24-3529
Contract Info
Price-List: 28000000
Date-Listing: 2024-04-05
Status: Closed
Foreclosure/Bank Own: No
Sold Info
Date-Pending: 2025-07-11
Date-Closing: 2025-10-24
Location Tax and Legal
Area: 5 - Downtown Anchorage
Street #: 720
Directional: W
Street Name: 5th
Arterial: Avenue
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Property Info
Type of Property: Single Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 0.61
SF-Lot: 26650
Lot Area Source: Tax Authority
SF-Res: 125629
Zoning: B2B - Central Business Intermediate
Property Features
Documents: Package Available
Listing Office: Jack White Commercial
Last Updated: November - 25 - 2025
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.
