Skip To Content

425 W 5th Avenue

Anchorage, AK 99501
  • $1,275,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 23-9640
UPDATED: 53 min ago
$1,275,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,979
    SQFT
  • $213
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1957

School Ratings & Info

Description

Real Estate Only - No business included in sale. Business has no plans to sell or close. DO NOT DISTURB TENANT. Excellent investment opportunity in downtown Anchorage. Property is 100% leased with a stable and reputable tenant, Ginger Restaurant. 7.5% cap rate with annual increases and relatively fixed expenses makes for a strong return for the right investor.

Monthly Payment Calculator

Alaska MLS logo DISCLAIMER: 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 Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or 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. Listing information was last updated on: 2023-09-24T01:39:54.74.

www.synergyhometeam.com/homes/142662210
Print Image

425 W 5th Avenue Anchorage, AK 99501

  • Price: $1,275,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 53 min ago
  • MLS #: 23-9640
0
Beds
0
Baths
0
½ Baths
0.15
Acres
5,979
SQFT
$213
$/SQFT
1957
Built
Neighborhood:
Downtown Anchorage
Area:
Downtown Anchorage
Property Description
Real Estate Only - No business included in sale. Business has no plans to sell or close. DO NOT DISTURB TENANT. Excellent investment opportunity in downtown Anchorage. Property is 100% leased with a stable and reputable tenant, Ginger Restaurant. 7.5% cap rate with annual increases and relatively fixed expenses makes for a strong return for the right investor.
Exterior Features

View City LightsMountains

Interior Features

Heating Forced Air Heating YN Yes

Property Features

Listing Terms CashConventional MLSArea Major 1A - Anchorage Municipality New Construction YN No Property Sub Type Mixed Use Tax Legal Description Original L9 B43 Zoning B2a - Central Business

Alaska MLS logo Listing Office Infinity Commercial Real Estate Group: 907-230-3638. Copyright 2023 Alaska Multiple Listing Service, Inc. All rights reserved.
Alaska MLS logo DISCLAIMER: 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 Keller Williams Realty Alaska Group are marked with either the listing brokerage's logo or 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. Listing information was last updated on: 2023-09-24T01:39:54.74.

 
https://bt-photos.global.ssl.fastly.net/alaska/orig_boomver_1_23-9640-2.jpg https://bt-photos.global.ssl.fastly.net/alaska/orig_boomver_1_23-9640-2.jpg https://bt-photos.global.ssl.fastly.net/alaska/orig_boomver_1_23-9640-2.jpg
Logo
Keller Williams Realty Alaska Group
621 S. Knik Goose Bay Road
Wasilla AK, 99654