3,650 SqFt
3,250 Lot Size
1958 Year Built

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. 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.

Listed by Elite Real Estate Group , Sold By Jack White Real Estate

GALLERY

PROPERTY DETAIL

Key Details

Sold Price $850,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3, 650 sqft
Price per Sqft $232
MLS Listing ID 24-2378
Sold Date 09/27/24
Construction Status Existing Structure
Year Built 1958
Annual Tax Amount $2,640
Lot Size 3,250 Sqft
Acres 0.07
Source Alaska Multiple Listing Service
Location

State AK
Area 5 - Downtown Anchorage
Zoning B2A - Central Business
Direction Traveling on 5th Ave, property is on the right side just before B street.
Building

Foundation Block
Lot Size Range 0.07
Water Public
New Construction No
Construction Status Existing Structure

Interior

Heating Baseboard, Electric, Natural Gas
Flooring Slab, Carpet
Exterior

Water Access Desc Public
Roof Type Asphalt
Accessibility , Paved, Maintained
Total Parking Spaces 4
Others

Tax ID 0021030500001
Acceptable Financing Cash, Conventional, Owner Finance, 1031 Exchange
Listing Terms Cash, Conventional, Owner Finance, 1031 Exchange