480 E 36th Avenue, Anchorage, AK 99501 (MLS# 25-10423)

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

Overview

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.

Listing Details MLS# 25-10423

Contract Info

Price-List
3500000
Date-Listing
2025-08-12
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
Yes
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

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1731
Tax Map #-Mat-Su
N/A
Legal
Saunders L1C
Taxes (Estimated)
29156.25
Tax Year
2025

More Information

Listing Terms Financing

Cash
Yes
Other
Yes

Primary Space

Office/Retail
Yes

Exterior Finish

Unknown - BTV
Yes

Heating

Natural Gas
Yes

Roof Type

Unknown - BTV
Yes

Foundation

Unknown - BTV
Yes

Flooring

Carpet
Yes

Walls

Sheetrock
Yes

Access

Maintained
Yes
Paved
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Features-Commercial

Fire Sprinkler System
Yes
In City Limits
Yes
On-Site Parking
Yes
Stand Alone Unit
Yes

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
IDX
Last Updated: October - 01 - 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.

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