Remodeled Office
For Sale
$210,000
101 E 9th Ave # 13b, Anchorage, AK 99501
Two-level professional workspace with a conference room, private offices, gated courtyard, and assigned parking.
Property Size880 SF
Price / SF$238.64
Days on Market138
Property Features for 101 E 9th Ave # 13b
General Information
Standard status
Active
Size
880 SF
Property subtype
Commercial
Site & Location
Neighborhood
Downtown
Amenities
remodeled conference room
gated courtyard with locking entrance
Building Details
Year Built
1963
Listing Agency:
Jack White Real Estate
Listed By:
Brian Broderick · License #12465
(907) 748-4900
Source:
Seehomesinalaska
Added: Jun 10
Changed: Oct 1
Last Checked: Oct 24 at 5:28PM
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
Ask AI about this property
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 is arranged across upper and lower levels, with a remodeled conference room, two offices upstairs, and a half bath on each floor. The property also includes updated windows in portions of the building, along with a replaced hot-water tank and furnace.
A gated courtyard with a locking entrance provides controlled access, while two assigned parking spaces sit adjacent to the building. The condo is located at 101 9th Avenue in downtown Anchorage and was built in 1963.
A gated courtyard with a locking entrance provides controlled access, while two assigned parking spaces sit adjacent to the building. The condo is located at 101 9th Avenue in downtown Anchorage and was built in 1963.
Key Highlights
- 880‑square‑foot office condominium
- Remodeled conference room and two upper‑level offices
- Half bath 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 - Two-level professional workspace with a conference room, private offices, gated courtyard, and assigned parking.
Where is this office unit located?
The property is located at 101 E 9th Ave # 13b 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 bath on both upper and lower levels
