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425 W 5th Avenue

Anchorage, AK 99501
  • $1,275,000
  • STATUS: Active
  • ON SITE: 301 Days
  • MLS #: 23-9640
UPDATED: 49 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.

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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: 2024-06-19T02:38:46.143.

www.teamdimmick.com/homes/142662210
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425 W 5th Avenue Anchorage, AK 99501

  • Price: $1,275,000
  • Status: Active
  • On Site: 301 Days
  • Updated: 49 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.
Interior Features

Heating Forced Air Yes Heating Natural Gas Yes

Property Features

Building Area Total 5979 Cml Features In City Limits Yes Foreclosure Bank Own No MLSArea Major 1A - Anchorage Municipality New Construction YN No Property Info Building Status Leased Property Info Construction Status Existing Structure Property Sub Type Mixed Use View City LightsMountains Zoning B2A - Central Business

Alaska MLS logo Listing Office Jack White Commercial: 907-563-5500. Copyright 2024 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: 2024-06-19T02:38:46.143.

 
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Team Dimmick | Keller Williams Realty Alaska Group
101 W. Benson Blvd Ste 503
Anchorage AK, 99503