137 W 5th Avenue, Anchorage, AK 99501 (MLS# 24-2378)

137 W 5th Avenue, Anchorage, AK 99501

$850,000
Property Type: Commercial Sale Square Footage: 3,650 Lot Size (sq. ft.): 3,250 Status: Closed
Current Price: $850,000 Last Modified: 9/28/2024

Overview

Description

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.

Supplements: 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 p ...

Listing Details MLS# 24-2378

Contract Info

Price-List
850000
Date-Listing
2024-03-10
EM Minimum Deposit
8000
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2024-08-02
Date-Closing
2024-09-27

Location Tax and Legal

Area
5 - Downtown Anchorage
Street #
137
Directional
W
Street Name
5th
Arterial
Avenue
Closest USPS Town
Anchorage
State
AK
Zip Code
99501

Property Info

Type of Property
Mixed Use
Realtor.com Type
Commercial
Construction Status
Existing Structure
Building Status
Leased
% of Space Leased
100
Acres
0.07
SF-Lot
3250
Lot Area Source
Tax Authority
SF-Res
3650
Floors
2
Zoning
B2A - Central Business Core
Year Built
1958

Directions and Remarks

Directions
Traveling on 5th Ave, property is on the right side just before B street.

Building Info

Parking Space-Ttl #
4

More Information

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1230
Tax Map #-Mat-Su
N/A
Legal
Original L8 B46 W2
Taxes (Estimated)
2640
Tax Year
2023

Listing Terms Financing

1031 Exchange
Yes
Cash
Yes
Conventional
Yes
Owner Finance
Yes

Primary Space

Hospitality
Yes

Secondary Space

Retail
Yes

Exterior Finish

Masonry
Yes

Heating

Baseboard
Yes
Electric
Yes
Natural Gas
Yes

Roof Type

Asphalt
Yes

Construction Type

Concrete
Yes

Foundation

Block
Yes

Flooring

Carpet
Yes
Concrete
Yes

Walls

Block
Yes
Sheetrock
Yes

Access

Dedicated Road
Yes
Maintained
Yes
Paved
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Features-Commercial

Fire Sprinkler System
Yes
In City Limits
Yes
Restroom(s)-Private
Yes

Property Features

Primary Space: Hospitality Secondary Space: Retail Heating: Baseboard; Electric; Natural Gas Exterior Finish: Masonry Construction Type: Concrete Foundation: Block Roof Type: Asphalt Flooring: Carpet; Concrete Walls: Block; Sheetrock Sewer: Public Sewer Water Source: Public Features-Commercial: Fire Sprinkler System; In City Limits; Restroom(s)-Private Access: Dedicated Road; Maintained; Paved Listing Terms Financing: 1031 Exchange; Cash; Conventional; Owner Finance
IDX
Listing Office: Elite Real Estate Group
Last Updated: September - 28 - 2024
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.

Contact Us