For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Anchorage Commercial Property For Sale Title is generated by Realmo AI

    901 E 5th Avenue, Anchorage, AK 99501

    View on Map
    Claim this Listing
    For Sale
    $675,000

    COMMERCIAL - Anchorage, AK

    Property size:
    3,084 SF
    Lot size:
    0.31 Acres
    Price / SF:
    $218/SF
    Added:
    Feb 18, 2026
    Days on Market:
    129
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 901 E 5th Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    B3 - General Business
    Standard status
    Active
    APN
    0030723100001
    Size
    3,084 SF
    Lot size
    0.31 Acres

    Taxes and HOA fees

    Tax Description
    East Addition L7-8 B27D

    Building Details

    Year built
    1956
    Floors in Building
    1

    We can help!

    Contact an agent
    Lisa Yi

    Listing agent Lisa Yi License #169328

    Listing office EXP Realty, LLC 3705 Arctic Blvd #292, Anchorage, AK

    Listing date Feb 18, 2026

    MLS# 26-1569

    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.

    HighLights

    • Prime commercial property in downtown Anchorage
    • B‑3 zoning allows a variety of commercial and redevelopment opportunities
    • Includes building at 901 E 5th Ave and adjacent lot at 911 E 5th Ave
    • Excellent visibility
    • Strong traffic counts
    • Easy access

    Overview

    This commercial property is located in downtown Anchorage and includes a building at 901 E 5th Ave and an adjacent lot at 911 E 5th Ave. The property has excellent visibility, strong traffic counts, and easy access. It is zoned B-3, which allows a variety of commercial and redevelopment opportunities. The lot size is 0.31 acres. The property includes a 3,084 square foot building.

    Local Financial Insights For Retail

    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 $77.7k $25.20
    − Vacancy −$3.5k −$1.13
    EGI $74.2k $24.07
    − OpEx −$22.3k −$7.22
    NOI $52.0k $16.85
    3,084 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $742.2K
    $649.4K – $865.9K (±1% cap)
    NOI $51,954 @ 7.0% cap · market cap 7.70%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $837.4K
    $732.8K – $977.0K (±1% cap)
    NOI $58,621 @ 7.0% cap · market cap 8.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Speedy Glass Auto Repair Shop

    Map

    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.866649
    Latitude
    61.217844

    FAQs

    What type of property is this?
    Commercial land - Commercial property with redevelopment opportunities in downtown Anchorage.
    Where is this commercial land located?
    The property is located at 901 E 5th Avenue Anchorage, AK.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: Prime commercial property in downtown Anchorage; B‑3 zoning allows a variety of commercial and redevelopment opportunities; Includes building at 901 E 5th Ave and adjacent lot at 911 E 5th Ave
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message