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Midtown Assemblage Opportunity
For Sale
$1,150,000

123 E Fireweed Ln, Anchorage, AK 99503

Two adjacent B-3 zoned properties with redevelopment potential.

Property Size12,200 SF
Price / SF$94.26
Days on Market148

Property Features for 123 E Fireweed Ln

General Information

Standard status Active
Size 12,200 SF
Property subtype Commercial

Building Details

Year Built 1969
Listing Agency: Berkshire Hathaway HomeServices Alaska Realty
Listed By: J. Michael James · License #15758
Source: Viewanchoragehouses
Added: May 21 Changed: Oct 1 Last Checked: Oct 14 at 11:26PM

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 Berkshire Hathaway HomeServices Alaska Realty

Investment Insights

Based on property information with market context.

This offering presents a rare opportunity to acquire a combined 16,200 square foot assemblage of two adjacent properties zoned B-3 in Midtown. The offering includes two properties: a 12,200 square foot two-story office building and a 4,000 square foot former restaurant with walkout basement storage. These properties are being offered together, presenting excellent potential for redevelopment, owner-users, or investment in a highly visible and centrally located corridor.

Key Highlights

  • Combined 16,200 SF assemblage of two adjacent properties.
  • B‑3 zoning allows for redevelopment, owner‑user, or investment.
  • Highly visible and centrally located in Midtown.

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
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two adjacent B-3 zoned properties with redevelopment potential.
Where is this mixed-use property located?
The property is located at 123 E Fireweed Ln Anchorage, AK.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Combined 16,200 SF assemblage of two adjacent properties.; B‑3 zoning allows for redevelopment, owner‑user, or investment.; Highly visible and centrally located in Midtown.
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