1326 74Th AveAnchorage, AK 99518

Property Details for 1326 74Th Ave

Year built

1978

Lot size

0.23 AC

Property size (Sq ft)

4,000 SF

Zone code

B3 GENERAL BUSINESS

Property type

Auto shops

APN

014-122-15-000

APU

1412215000

Description

This exceptional owner-operator opportunity presents a well-maintained auto body shop in Anchorage, Alaska. Located at 1326 E 74th Ave, 99518, this 4,400 square foot facility sits on a 10,000 square foot lot, offering ample space and high visibility on the New Seward Highway. The single-story building, constructed in 1978 and renovated in the same year, boasts a new roof and rear metal façade. Inside, you'll find a complete paint booth, two lifts, and an impressive 18-foot shop clear height. Three overhead doors provide easy access, while the layout includes a functional 180 square foot office and 220 square foot storage area, in addition to the 4,000 square foot shop space. The property also features 6,000 square feet of paving, and is essentially a corner lot with undeveloped land to the east, ensuring future growth potential. The business and real property are being sold together, presenting a unique opportunity for an established, profitable enterprise. The property is zoned B3 and has been under single ownership for over 30 years, demonstrating consistent upkeep and operational success. The current lease is expiring, making this a truly turnkey operation. This is a rare chance to acquire a profitable, established business with significant real estate value in a prime Anchorage location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,586,041

  6.5%

  $1,464,038

  7%

  $1,359,463

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,064,050

  Geo Method

  $1,941,206

• Alternative Use

  Use

  Valuation

  Residential

  $1,234,970

  Hospitality

  $1,131,226

  Educational

  $941,167

  Medical

  $973,535

  Retail

  $1,464,038

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Latitude

61.1531

Longitude

-149.858

CBSA code

11260

CBSA name

ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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