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425 W 5th Avenue

Anchorage, AK 99501
  • $1,275,000
  • STATUS: Active
  • ON SITE: 270 Days
  • MLS #: 23-9640
UPDATED: 105 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 Alaskan Performance Partners | Jack White Real Estate 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: 2024-05-19T11:37:01.973.

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

  • Price: $1,275,000
  • Status: Active
  • On Site: 270 Days
  • Updated: 105 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

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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 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 Alaskan Performance Partners | Jack White Real Estate 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: 2024-05-19T11:37:01.973.

 
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Alaskan Performance Partners | Jack White Real Estate
3801 Centerpoint Drive #200
Anchorage AK, 99503