For Sale
$3,795,000

100 34Th Ave Anchorage, AK 99503

Prime Anchorage retail, 13 tenants, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents the Dover Center, a landmark Anchorage shopping center. Comprising two single-story buildings totaling 36,960 square feet, this property boasts 13 tenants, ensuring a stable income stream. Located at 100 & 200 W 34th Ave, Anchorage, AK 99503, the center sits on a 2.54-acre lot (110,462 sq ft) zoned B-3, providing ample space and development potential. Built in 1983, the property features 133 parking spaces, ensuring convenient access for customers and employees. The high-traffic location benefits from over 21,000 vehicles passing daily on C Street, providing excellent visibility and accessibility. The asking price is $3,795,000, translating to $102.68 per square foot. The property is currently under a ground lease expiring June 15, 2023. This well-maintained shopping center presents a compelling investment opportunity in a thriving Anchorage market, with strong tenant occupancy and significant potential for future growth. The property's APN is 009-062-70. This is a multi-tenant property with excellent signage and great access.

Highlights

  • $3,795,000 asking price for this 36,960 square foot retail shopping center.
  • Multi-tenant property with 13 units, currently 100% occupied.
  • Located in Anchorage, Alaska at 100 & 200 W 34th Ave, on a 2.54-acre lot (110,462 sq ft).
  • Features two, one-story buildings built in 1983, with 133 parking spaces.
  • Zoned B-3, with excellent visibility and access, situated on a high-traffic street.
  • Ground lease in place, expiring June 15, 2023.

Property Details for 100 34Th Ave

Property type
Lifestyle centers, Power centers
Square Feet
36,960 SF
Year Built
1983
Buildings
2
Stories
1
Units
13

Location Insight

City
Anchorage
County
Anchorage
State
Alaska
Latitude
61.189478297619
Longitude
-149.88370078619

FAQs

What type of property is this?
Lifestyle center - Prime Anchorage retail, 13 tenants, high traffic.
Where is the lifestyle center located?
The property is located at 100 34Th Ave Anchorage, AK.
What is the asking price?
The asking price for this property is $3,795,000.
What are key features of this property?
This property features: $3,795,000 asking price for this 36,960 square foot retail shopping center.; Multi-tenant property with 13 units, currently 100% occupied.; Located in Anchorage, Alaska at 100 & 200 W 34th Ave, on a 2.54-acre lot (110,462 sq ft).
How can I contact the broker?
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100 34Th Ave
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