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409 W Northern Lights Boulevard

Anchorage, AK 99503
  • $2,350,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 24-14671
UPDATED: 31 min ago
$2,350,000
  • 10
    BEDS
  • 0.74
    ACRES
  • 10
    BATHS
  • 2
    1/2 BATHS
  • 14,200
    SQFT
  • $165
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Excellent cash flow from long-term tenants at this AAA location mixed-use investment. The property includes retail, office, shop, and 2nd-floor residential units-newly remodeled with strong lease history and meticulous maintenance. Vacant lot included currently used for snow storage. Priced to sell at $2.35M (8.4% Cap Rate). Please don' disturb tenants, see package attached. Financials available.

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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 Team Dimmick | 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: 2025-01-20T17:36:32.847.

www.teamdimmick.com/homes/158495825
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409 W Northern Lights Boulevard Anchorage, AK 99503

  • Price: $2,350,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 31 min ago
  • MLS #: 24-14671
10
Beds
10
Baths
2
½ Baths
0.74
Acres
14,200
SQFT
$165
$/SQFT
1964
Built
Neighborhood:
Spenard
Area:
Spenard
Elementary School:
North Star
Middle School:
Romig
High School:
West Anchorage
Property Description
Excellent cash flow from long-term tenants at this AAA location mixed-use investment. The property includes retail, office, shop, and 2nd-floor residential units-newly remodeled with strong lease history and meticulous maintenance. Vacant lot included currently used for snow storage. Priced to sell at $2.35M (8.4% Cap Rate). Please don' disturb tenants, see package attached. Financials available.
Exterior Features

Carport Spaces 0 Foundation Details Slab Open Parking Spaces 15 Parking Features [] Roof []

Interior Features

Flooring [] Heating Baseboard Yes

Property Features

Building Area Total 14200 Construction Materials BlockWood Frame Foreclosure Bank Own No Frontage Type [] Lot Features [] MLSArea Major 1A - Anchorage Municipality Multi Family Type Apartment Style Yes New Construction YN No Other Structures [] Property Info Construction Status Existing Structure Property Info Prkg Spcs 15 Road Surface Type [] Security Features [] Sewer Public Sewer View [] Water Type Public2 Yes Zoning B3 - General Business

Alaska MLS logo Listing Office Jack White Commercial: 907-563-5500. Copyright 2025 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 Team Dimmick | 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: 2025-01-20T17:36:32.847.

 
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Team Dimmick | Keller Williams Realty Alaska Group
3035 C Street
Anchorage AK, 99503