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Multi-Building Restaurant Property
For Sale
$1,550,000

123 E Fireweed Lane, Anchorage, AK 99503

Commercial Sale, Anchorage, AK

Property Size16,200 SF
Lot Size0.63 Acres
Price / SF$95.68
Days on Market144

Property Features for 123 E Fireweed Lane

General Information

Property type Commercial Sale
Property subtype Other
Zoning B3 - General Business
Directions Northeast corner of A Street and Fireweed Ln
Subdivision 1A - Anchorage Municipality
Standard status Active
APN 0022056100001
Size 16,200 SF
Lot size 0.63 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pearl V Smith L1A B6 3A&12 Rem
Tax Annual Amount 21605
Legal Description Pearl V Smith L1A B6 3A&12 Rem

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Water source Public

Building Details

Floors in Building 2
Building materials Block
Listing Agency: Berkshire Hathaway HomeServices Alaska Realty
Listed By: Lottie Michael · License #2519
Added: May 6 Changed: Sep 24 Last Checked: Sep 26 at 5:06AM
MLS# 26-5419

Copyright © 2026 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.63-acre offering brings together two adjacent properties at 123 and 149 E Fireweed Lane in Anchorage. The first contains a two-story, 12,200-square-foot block building; the second includes a 4,000-square-foot restaurant and walkout basement storage. Both properties are zoned B3 – General Business.

The buildings are served by public water and sewer. Heating is provided by natural gas and baseboard systems.

Key Highlights

  • Two adjacent properties totaling 16,200 square feet
  • 12,200‑square‑foot, two‑story block building at 123 E Fireweed Lane
  • 4,000‑square‑foot restaurant with walkout basement storage at 149 E Fireweed Lane

Property Analytics

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Current Use

Demientieff Promotions Marketing & Advertising Hal Gazaway, Attorney ... Law Firm Sasieta Productions Music Venue Sleep Comfort By ... Furniture & Home Goods Simmons Hospitality Mattress Furniture & Home Goods

Location Intelligence

Demographics for 99503, AK

13,550
Population
7,411
Households
1.8
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
20.7 sq mi
ZIP Area
655
Density / Sq Mi
$76,888
Median Household Income
$46,734
Median Earnings
$1,185
Median Rent
$316,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The offering pairs a two-story building with a restaurant featuring basement storage.
Where is this conventional restaurant located?
The property is located at 123 E Fireweed Lane Anchorage, AK.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Two adjacent properties totaling 16,200 square feet; 12,200‑square‑foot, two‑story block building at 123 E Fireweed Lane; 4,000‑square‑foot restaurant with walkout basement storage at 149 E Fireweed Lane
More about this property
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