For Sale
$430,000

5401 Cordova St #201 &Anchorage, AK 99518

Anchorage warehouse condos, I1 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional offering presents two vacant, combined 2,000-square-foot commercial condominiums in Anchorage, Alaska. Located at 5401 Cordova Street #201 & #202, 99518, this property boasts a highly desirable I1 (Light Industrial) zoning designation, making it suitable for a variety of uses. Currently configured as a spacious office space, the units feature a private office, kitchen/kitchenette, shop/storage area, and a bathroom. High ceilings and premium lighting enhance the versatile layout. The property benefits from a glass-front entry, ideal for both office and retail applications. Conversion to a more warehouse-focused space is easily achievable, particularly with the reinstallation of an overhead door. The low-maintenance aspect is a significant advantage, with the homeowner's association covering water, sewer, refuse, parking lot maintenance, landscaping, and reserves (currently $453.03/month, subject to change in 2025). The owner is responsible for gas, electricity, and interior unit maintenance. This prime location near C Street and International Airport Road offers unparalleled convenience and accessibility. The asking price for this unique opportunity is $430,000. The property is situated on one story and is ready for immediate occupancy.

Highlights

  • 2,000 SF of I1-zoned light industrial condo near C St and International Airport Rd.
  • Low HOA dues of $453.03/month (2025 dues TBD) cover water, sewer, trash, parking lot maintenance, and landscaping.
  • Move-in ready, owner-occupied space. Owner responsible for utilities and interior maintenance.
  • Features open office space, private office, kitchenette, storage area, bathroom, high ceilings, and excellent lighting. Easily adaptable for shop/warehouse/retail use.
  • Attractive glass storefront.

Property Details for 5401 Cordova St #201 &

Property type
Warehouses, Office properties
Square Feet
2,000 SF
Stories
1
Units
2

Location Insight

City
Anchorage
County
Anchorage Municipality
State
Alaska
Latitude
61.1716118
Longitude
-149.8782655
5401 Cordova St #201 &, Anchorage, Alaska

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5401 Cordova St #201 &
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