Property profile

300 4th Ave Anchorage, AK 99501

OFF-MARKET
Parking lots & garages
Property ID
US02-0141340
0.15 ac lot
Individually Owned 26-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 300 & 310 W 4th Avenue in Anchorage, Alaska presents a unique investment opportunity. Boasting a total of 4,970 square feet, this building is ideally suited for a variety of uses, including retail, restaurant, or office space. The main level offers 2,485 square feet of street-level commercial space, perfect for customer interaction and showcasing your business. A substantial 2,485 square foot basement provides ample storage, crucial for inventory management or archiving. The property's significant advantage lies in its dedicated parking lot, a rare find in the heart of downtown Anchorage. This lot offers approximately 20 parking spaces (buyer to verify), ensuring convenient access for both employees and customers. Located on a high-visibility street with excellent foot and vehicle traffic, this property benefits from the vibrancy of downtown Anchorage, with its proximity to numerous dining options, shopping destinations, and public transportation. The 0.21-acre lot provides a secure and accessible base for any business seeking a prominent downtown Anchorage location. This is a rare chance to acquire a well-positioned commercial property with significant potential for growth and success. The asking price is $1,400,000.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Lot 0.15 ac (6,500 SF)
Zoning code B2A CENTRAL BUS CORE
APN 002-103-30-000
UPID US02-0141340

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

300 4th Ave Anchorage, AK 99501
Anchorage metro Census 1100 ANCHORAGE, AK METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2000
3 recorded transactions
2018
Price N/A
2000
Price N/A
1969
Price N/A

Zoning & alternative use

B2A CENTRAL BUS CORE · Anchorage, AK

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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