Mixed-Use Property with Master
For Sale
$850,000
233 E 5th Ave, Anchorage, AK 99501
Retail, office, and residential components are combined under a long-term master lease.
Property Size7,288 SF
Price / SF$116.63
Days on Market560
Property Features for 233 E 5th Ave
General Information
Standard status
Active
Size
7,288 SF
Property subtype
Commercial
Additional Details
Cap Rate
14%
Building Details
Tenancy
Single
Listing Agency:
RE/MAX Dynamic Properties
(907) 244-4194
Listed By:
Matthew Fink · License #11733
Source:
Viewanchoragehouses
Added: Feb 16, 2025
Changed: Aug 30
Last Checked: Aug 25 at 8:03AM
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 RE/MAX Dynamic Properties
Investment Insights
Based on property information with market context.
This 7,288-square-foot mixed-use property brings together retail, office, and residential space within one building. The second floor includes two penthouse apartments, and the property also has a garage. The asset offers a blended commercial and residential configuration rather than a single-purpose layout.
A long-term master lease is in place, with the tenant responsible for operating expenses other than major building repairs. The reported 14% Cap Rate provides an additional investment metric for review. Located at 233 E 5th Ave in Anchorage, Alaska, the property combines multiple income-producing uses under one lease structure.
A long-term master lease is in place, with the tenant responsible for operating expenses other than major building repairs. The reported 14% Cap Rate provides an additional investment metric for review. Located at 233 E 5th Ave in Anchorage, Alaska, the property combines multiple income-producing uses under one lease structure.
Key Highlights
- 7,288‑square‑foot mixed‑use property with retail, office, and residential space
- Long‑term master lease in place
- Tenant pays all expenses except major building repairs
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Demographics for 99501, AK
18,590
Population
8,906
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,775
Density / Sq Mi
$69,591
Median Household Income
$43,542
Median Earnings
$1,181
Median Rent
$378,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail, office, and residential components are combined under a long-term master lease.
Where is this mixed-use property located?
The property is located at 233 E 5th Ave Anchorage, AK.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 7,288‑square‑foot mixed‑use property with retail, office, and residential space; Long‑term master lease in place; Tenant pays all expenses except major building repairs
