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627 W 3rd Avenue

Anchorage, AK 99501
  • $672,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 26-3371
UPDATED: 57 min ago
$672,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,140
    SQFT
  • $314
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960

School Ratings & Info

Description

Downtown Anchorage Opportunity | Prime Location + Expansion Potential Positioned in the heart of downtown Anchorage, this well-located commercial building offers a unique opportunity to acquire a versatile property with exceptional visibility, views, and upside potential. This three-level building features two full kitchens--one on the main floor and another on the lower level making it ideal for restaurants, hospitality, event spaces, or multi-tenant use. The flexible layout allows for a variety of business concepts or a live/work conversion with income-producing potential. Enjoy stunning views of Cook Inlet, creating a unique and memorable setting for customers, guests, or tenants. The property also includes a rear deck area with room for expansion, offering the ability to enhance outdoor seating, entertainment space, or future development (subject to approvals).

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 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: 2026-04-19T16:36:32.203.

www.teamdimmick.com/homes/174852311
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627 W 3rd Avenue Anchorage, AK 99501

  • Price: $672,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 57 min ago
  • MLS #: 26-3371
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2,140
SQFT
$314
$/SQFT
1960
Built
Neighborhood:
Downtown Anchorage
Area:
Downtown Anchorage
Property Description
Downtown Anchorage Opportunity | Prime Location + Expansion Potential Positioned in the heart of downtown Anchorage, this well-located commercial building offers a unique opportunity to acquire a versatile property with exceptional visibility, views, and upside potential. This three-level building features two full kitchens--one on the main floor and another on the lower level making it ideal for restaurants, hospitality, event spaces, or multi-tenant use. The flexible layout allows for a variety of business concepts or a live/work conversion with income-producing potential. Enjoy stunning views of Cook Inlet, creating a unique and memorable setting for customers, guests, or tenants. The property also includes a rear deck area with room for expansion, offering the ability to enhance outdoor seating, entertainment space, or future development (subject to approvals).
Exterior Features

Exterior Finish Wood4 Yes Foundation Details Unknown - BTV Roof CompositionShingleAsphalt

Interior Features

Flooring Other Heating Baseboard Yes

Property Features

Cml Features In City Limits Yes Cml Features On Site Parking Yes Construction Materials Wood Frame Foreclosure Bank Own No Listing Terms Financing Cash Yes Listing Terms Financing Conventional Yes MLSArea Major 1A - Anchorage Municipality New Construction YN No Other Structures [] Property Info Building Status Vacant Property Info Construction Status Existing Structure Property Sub Type Mixed Use Security Features [] Sewer Public Sewer View InletMountains Water Source Public Zoning B2C - Central Business Periphery

Alaska MLS logo Listing Office Real Broker Alaska: 855-450-0442. Copyright 2026 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: 2026-04-19T16:36:32.203.

 
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Team Dimmick | Keller Williams Realty Alaska Group
1400 W Benson Blvd Suite 370
Anchorage AK, 99503