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    401 I St Anchorage, AK 99501

    Sponsored
    For Sale
    $150,000

    Established Restaurant, High Traffic Area, Steady Income

    Property size:
    1,472 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This thriving restaurant, located at 401 I Street in Anchorage, Alaska's bustling downtown core, presents a unique turnkey business opportunity. Boasting 1,472 square feet of space, this well-established eatery has enjoyed a decade of consistent success, cultivating a loyal customer base among both locals and tourists. Its prime location, situated near courthouses, office buildings, and hotels, ensures high foot traffic and visibility. The sale includes all fixtures, furniture, and equipment (FF&E), minimizing the initial investment required for a new owner. The restaurant's proven track record of profitability makes it an attractive proposition for an owner-operator seeking immediate returns. Ten years of operational history provides a solid foundation for continued growth and success. This is a rare chance to acquire a profitable, established business in a desirable location without the lengthy setup and development typically associated with new ventures. The property is situated on a lot with zero acres, reflecting its urban, high-density location. The asking price for this turnkey restaurant is $150,000. This represents a significant opportunity for an experienced restaurateur or a first-time business owner looking for a proven, profitable venture. Serious inquiries are encouraged.

    Property Features for 401 I St

    General Information

    Property type
    Investment properties
    Square Feet
    1,472 SF

    Building Details

    Year Built
    1957
    Property Profile Location Intelligence

    Current Use by Public Records

    Arctic Sushi Sushi Restaurant Diamond Parking Parking Lot

    Map

    City
    Anchorage
    County
    Anchorage Municipality
    State
    Alaska
    Longitude
    -149.8992
    Latitude
    61.2184

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    FAQs

    What type of property is this?
    Investment property - Established Restaurant, High Traffic Area, Steady Income
    Where is this investment property located?
    The property is located at 401 I St Anchorage, AK.
    What is the asking price?
    The asking price for this property is $150,000.
    (907) 644-4663
    Request Owner's contact information
    401 I St Anchorage, AK 99501
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    Anchorage, AK 99501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 I St Anchorage, AK 99501
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