Remodeled Office
For Sale
$210,000
101 E 9th Ave, Anchorage, AK 99501
Compact two-level office layout with professional shared occupancy, secure outdoor access, and dedicated parking.
Property Size880 SF
Price / SF$238.64
Days on Market47
Property Features for 101 E 9th Ave
General Information
Standard status
Active
Size
880 SF
Amenities
gated courtyard
locking entrance
Building Details
Year Built
1963
Listing Agency:
Jack White Real Estate
Listed By:
Brian Broderick · License #12465
(907) 562-6464
Source:
Griggrealty
Added: Sep 4
Changed: Oct 15
Last Checked: Oct 7 at 3:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jack White Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 880-square-foot office condominium includes a remodeled conference room and two offices on the upper level. A half bathroom serves each floor, creating a practical two-level configuration for professional office use. The property was built in 1963, with the hot-water tank, furnace, and some windows replaced by the seller.
Located at 101 E 9th Ave in Downtown Anchorage, the unit includes access to a gated courtyard with a locking entrance. Assigned parking is positioned adjacent to the building. The office environment is primarily occupied by professional owners and tenants, supporting a compact setting for businesses seeking dedicated workspace.
Located at 101 E 9th Ave in Downtown Anchorage, the unit includes access to a gated courtyard with a locking entrance. Assigned parking is positioned adjacent to the building. The office environment is primarily occupied by professional owners and tenants, supporting a compact setting for businesses seeking dedicated workspace.
Key Highlights
- 880‑square‑foot office condominium
- Remodeled conference room and two upper‑level offices
- Half bathroom on both upper and lower levels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,811
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,220
$216.2K
Cap Rate 7%
$154,443
$154.4K
Cap Rate 9%
$120,122
$120.1K
Market Conditions
NOI Build-Up for 880 SF
Gross rent
$18.5K $21.00/SF
− Vacancy
−$4.1K −$4.62/SF
EGI
$14.4K $16.38/SF
− OpEx
−$3.6K −$4.10/SF
NOI
$10.8K $12.29/SF
Area
Anchorage, AK
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,220
Cap Rate 7%
$154,443
Cap Rate 9%
$120,122
Alternative Uses
Best Use
Office B
$154.4K
$135.1K – $180.2K
NOI $10,811 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$239.0K
$209.1K – $278.8K
NOI $16,727 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Demographics for 99501, AK
18,590
Population
8,906
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,775
Density / Sq Mi
$69,591
Median Household Income
$43,542
Median Earnings
$1,181
Median Rent
$378,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Compact two-level office layout with professional shared occupancy, secure outdoor access, and dedicated parking.
Where is this office unit located?
The property is located at 101 E 9th Ave Anchorage, AK.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: 880‑square‑foot office condominium; Remodeled conference room and two upper‑level offices; Half bathroom on both upper and lower levels
