Anchorage Mixed-Use Commercial
123 E Fireweed Lane Anchorage, AK 99503
123 E Fireweed Lane, Anchorage, AK, 99503
$2,050,000
For Sale
$2,050,000
COMMERCIAL - Anchorage, AK
Property Size12,200 SF
Lot Size0.70 Acres
Price / SF$168.03
Days on Market316
Property Features for 123 E Fireweed Lane
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B3 - General Business
- Standard status
- Active
- APN
- 0022056100001
- Size
- 12,200 SF
- Lot size
- 0.70 Acres
Taxes and HOA fees
- Tax Description
- Lot 3A, Remnant & 12 Remnant, Lot 1A and Lot 4, Block 6 Pearl V Smith S/D,
Utilities
- Sewer type
- Public Sewer
Building Details
- Building materials
- Block
Listing agency
Berkshire Hathaway HomeServices Alaska Realty
(907) 646-3600
Listed by
J. Michael James · License #15758
(907) 646-3600
Added: Sep 9, 2025 Updated: May 6 at 5:10PM Checked: Jul 21 at 4:06PM
MLS# 25-12584
Copyright © 2026 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A combination of three adjacent properties totaling 30,544 square feet is available for sale. The properties are zoned B-3. The offering includes: a 12,200 square foot two-story office building, a 4,000 square foot restaurant with a walkout basement storage area, and a 5,201 square foot office and warehouse building.
Key Highlights
- Large combined area: 30,544 SF total.
- Zoned B‑3 for business use.
- Includes a 12,200 SF two‑story office building.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $278.2k | $22.80 |
| − Vacancy | −$33.4k | −$2.74 |
| EGI | $244.8k | $20.06 |
| − OpEx | −$91.8k | −$7.52 |
| NOI | $153.0k | $12.54 |
12,200 SF · lease $22.80/SF/yr · vacancy 12.00% · expense 37.50%
Alternative Uses
Best Use
Specialty Retail
$3.31M
$2.90M – $3.86M
NOI $231,898 @ 7.0% cap · market cap 11.31%
Second Best
Mixed Use
$2.19M
$1.91M – $2.55M
NOI $152,988 @ 7.0% cap · market cap 7.46%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Demientieff Promotions
Marketing & Advertising
Hal Gazaway, Attorney ...
Law Firm
Sasieta Productions
Music Venue
Sleep Comfort By ...
Furniture & Home Goods
Simmons Hospitality Mattress
Furniture & Home Goods
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Three adjacent properties zoned B-3 for sale in Anchorage, AK.
Where is this mixed-use property located?
The property is located at 123 E Fireweed Lane Anchorage, AK.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Large combined area: **30,544 SF total**.; Zoned B‑3 for business use.; Includes a **12,200 SF two‑story office building**.
