Mixed-Use Property with Retail and
For Sale
$795,000
1403 Hyder St, Anchorage, AK 99501
Two-level property combines a retail area with a partially furnished four-bedroom apartment and accessibility improvements.
Property Size3,800 SF
Price / SF$209.21
Days on Market82
Property Features for 1403 Hyder St
General Information
Standard status
Active
Size
3,800 SF
Amenities
walk-in cooler
shelving
stair lift
Building Details
Year Built
1981
Listing Agency:
Comer & Associates Real Estate, LLC
Listed By:
Randy Comer
(907) 440-9000
Source:
Kachemakgrouprealestate
Added: Jul 26
Changed: Sep 13
Last Checked: Oct 12 at 8:54PM
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 Comer & Associates Real Estate, LLC
Investment Insights
Based on property information with market context.
Built in 1981, this 3,800-square-foot mixed-use property combines commercial and residential components across two levels. The first floor provides retail space with a walk-in cooler and shelving, while the upper floor contains a partially furnished four-bedroom apartment.
A recently installed stair lift serves the building’s vertical circulation. The property is located at 1403 Hyder St in Anchorage, Alaska, offering a combination of retail functionality and on-site residential space within one commercial asset.
A recently installed stair lift serves the building’s vertical circulation. The property is located at 1403 Hyder St in Anchorage, Alaska, offering a combination of retail functionality and on-site residential space within one commercial asset.
Key Highlights
- 3,800‑square‑foot mixed‑use property at 1403 Hyder St, Anchorage, AK 99501
- First‑floor retail area with walk‑in cooler and shelving
- Second‑floor four‑bedroom apartment, partially furnished
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,230
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,444,600
$1.4M
Cap Rate 7%
$1,031,857
$1.0M
Cap Rate 9%
$802,556
$802.6K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$100.3K $26.40/SF
− Vacancy
−$4.0K −$1.06/SF
EGI
$96.3K $25.34/SF
− OpEx
−$24.1K −$6.34/SF
NOI
$72.2K $19.01/SF
Area
Anchorage, AK
Vacancy
4.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,444,600
Cap Rate 7%
$1,031,857
Cap Rate 9%
$802,556
Alternative Uses
Best Use
Specialty Retail
$1.03M
$902.9K – $1.20M
NOI $72,230 @ 7.0% cap · market cap 9.09%
Second Best
Retail
$914.5K
$800.2K – $1.07M
NOI $64,016 @ 7.0% cap · market cap 8.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level property combines a retail area with a partially furnished four-bedroom apartment and accessibility improvements.
Where is this mixed-use property located?
The property is located at 1403 Hyder St Anchorage, AK.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 3,800‑square‑foot mixed‑use property at 1403 Hyder St, Anchorage, AK 99501; First‑floor retail area with walk‑in cooler and shelving; Second‑floor four‑bedroom apartment, partially furnished
