233 E 5th Avenue, Anchorage, AK 99501 (MLS# 25-1803)

233 E 5th Avenue, Anchorage, AK 99501

$975,000
Property Type: Commercial Sale Square Footage: 7,288 Lot Size (sq. ft.): 6,500 Status: Active
Current Price: $975,000 Last Modified: 2/12/2026

Overview

Description

Priced to sell at a 14% Cap Rate. This mixed retail office and residential property has a long term master lease with Tenant paying all expenses excluding only building major repairs. There are two penthouse apartments on the second floor and a garage. Excellent investor opportunity. Marketing brochure available upon request.

Listing Details MLS# 25-1803

Contract Info

Price-List
975000
Date-Listing
2025-02-12
Foreclosure/Bank Own
No

Location Tax and Legal

Area
5 - Downtown Anchorage
Street #
233
Directional
E
Street Name
5th
Arterial
Avenue
Closest USPS Town
Anchorage
State
AK
Zip Code
99501

Property Info

Type of Property
Mixed Use
Building Type
Class B
Realtor.com Type
Commercial
Construction Status
Existing Structure
Building Status
Leased
% of Space Leased
100
Acres
0.15
SF-Lot
6500
Lot Area Source
Tax Authority
SF-Res
7288
Floors
2
Zoning
B2B - Central Business Intermediate

Directions and Remarks

Directions
Located just past the Days Inn at 233 East 5th Avenue directly behind the Office Max

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1231
Tax Map #-Mat-Su
N/A
Legal
Lot 11, lock 115, Original Townsite Subdivision
Taxes (Estimated)
8160

Primary Space

Office/Retail
Yes

More Information

Property Features

Primary Space: Office/Retail
IDX
Listing Office: RE/MAX Dynamic Properties
Last Updated: February - 12 - 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.

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