443 4Th AveAnchorage, AK 99501

Property Details for 443 4Th Ave

Year built

1954

Lot size

0.70 AC

Property size (Sq ft)

15,500 SF

Zone code

B2C CENTRAL BUSINESS

Property type

Retail space

APN

002-096-72-000

APU

209672000

Description

This exceptional 15,500 square foot warehouse and office building presents a significant investment opportunity in Anchorage's vibrant Downtown Commercial Business District. Situated on a 0.7-acre lot, the property boasts a robust concrete block construction, ensuring durability and longevity. The building's functionality is enhanced by four generously sized 9' x 10' overhead doors, providing ample access for loading and unloading of goods. Parking is readily available with 18 spaces conveniently located on the property. The interior layout offers a versatile space adaptable to a wide range of commercial uses, making it ideal for businesses requiring both storage and office space. The property is being sold "As-Is, Where-Is," reflecting an opportunity for buyers to customize and renovate to their specific needs. Please note that a minimum of 24 hours' notice is required for all showings to allow for proper scheduling and preparation. This prime location offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the heart of Anchorage. The substantial size and strategic location combine to create a compelling investment opportunity with considerable upside potential. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $4,876,040

  6.5%

  $4,500,960

  7%

  $4,179,460

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,900,050

  Geo Method

  $3,104,390

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,879,930

  Mixed-Use / Specialty

  $4,443,440

  Hospitality / Lodging

  $3,206,020

  Office

  $4,373,850

  Institutional / Educational

  $4,604,570

  Residential Income

  $5,387,350

  Multifamily

  $6,691,190

  Automotive / Energy

  $3,946,770

  Parking / Income-Based Land

  $1,402,950

  Restaurant / Food Service

  $2,222,570

  Healthcare / Senior Housing

  $4,599,200

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Latitude

61.2189

Longitude

-149.876

CBSA code

11260

CBSA name

ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].