Anchorage Bar/Restaurant with Liquor
626 D Street Anchorage, AK 99501
626 D Street, Anchorage, AK, 99501
$1,900,000
For Sale
$1,900,000
Downtown Anchorage bar/restaurant with liquor license for sale.
Property Size7,188 SF
Lot Size0.32 Acres
Price / SF$264.33
Days on Market615
Property Features for 626 D Street
General Information
- Standard status
- Active
- Size
- 7,188 SF
- Lot size
- 0.32 Acres
- Property subtype
- Other
Listing Agency
(907) 230-1523
Listed by
Spire Commercial
(907) 231-0380
Source
Xome
Added: Nov 13, 2024 Updated: Jul 6 at 8:00 am Checked: Jul 20 at 1:47 am
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 Spire Commercial
Investment Insights
Based on property information with market context.
This property features a 7188 square foot building situated on a 14,010 square foot lot. Zoned B2B: Central Business Intermediate, the property was formerly Bernie's Bungalow, a bar and restaurant. The building includes a commercial kitchen, three bars, multiple bathrooms, and storage areas. Additional features include office space, patios, an outdoor performance stage, an outdoor bar, and an outdoor seating area. The property is located in downtown Anchorage.
Key Highlights
- Downtown Anchorage bar/restaurant with liquor license included
- Large 7,188sf building on a 14,010sf lot zoned B2B
- Features a commercial kitchen and three bars
Local Financial Insights For Specialty 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 | $189.8k | $26.40 |
| − Vacancy | −$7.6k | −$1.06 |
| EGI | $182.2k | $25.34 |
| − OpEx | −$45.5k | −$6.34 |
| NOI | $136.6k | $19.01 |
7,188 SF · lease $26.40/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.95M
$1.71M – $2.28M
NOI $136,630 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ATM
Atm
Bernie's Bungalow Lounge
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Bar & Pub - Downtown Anchorage bar/restaurant with liquor license for sale.
Where is this bar & pub located?
The property is located at 626 D Street Anchorage, AK.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Downtown Anchorage bar/restaurant with liquor license included; Large 7,188sf building on a 14,010sf lot zoned B2B; Features a commercial kitchen and three bars
