Office Condo with Private
For Sale
$725,000
200-600 Barrow Street, Anchorage, AK 99501
Elevator service, sprinkler protection, and a remodeled interior support a range of office configurations.
Property Size5,396 SF
Price / SF$134.36
Days on Market8
Property Features for 200-600 Barrow Street
General Information
Standard status
Active
Size
5,396 SF
Elevators
Yes
Additional Details
Asking Price
$725,000
Sprinkler System
Yes
Amenities
private deck
Building Details
Tenancy
Single
Listing Agency:
Jack White Commercial
Listed By:
Andrew Ingram · License #AK17954
(907) 563-5500
Source:
Exprealty
Added: Oct 9
Changed: Oct 16
Last Checked: Oct 16 at 2:19PM
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 Jack White Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office condo at 200-600 Barrow Street contains approximately 5,396 SF, arranged across a 3,985 SF main level and a 1,411 SF mezzanine. The layout includes private offices, a conference room, a kitchen, and a two-story open area with windows spanning one wall. Additional features include elevator service, sprinklers, a remodeled interior, and a private deck.
The property is at 6th and Barrow in downtown Anchorage. An existing tenant may vacate at closing or remain under a rental arrangement through May 2027.
The property is at 6th and Barrow in downtown Anchorage. An existing tenant may vacate at closing or remain under a rental arrangement through May 2027.
Key Highlights
- Approximately 5,396 SF, including a 3,985 SF main level and 1,411 SF mezzanine
- Private offices, conference room, kitchen, and two‑story open area with a full wall of windows
- Elevator served and sprinklered
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,290
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,325,800
$1.3M
Cap Rate 7%
$947,000
$947.0K
Cap Rate 9%
$736,556
$736.6K
Market Conditions
NOI Build-Up for 5,396 SF
Gross rent
$113.3K $21.00/SF
− Vacancy
−$24.9K −$4.62/SF
EGI
$88.4K $16.38/SF
− OpEx
−$22.1K −$4.10/SF
NOI
$66.3K $12.29/SF
Area
Anchorage, AK
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,325,800
Cap Rate 7%
$947,000
Cap Rate 9%
$736,556
Alternative Uses
Best Use
Office B
$947.0K
$828.6K – $1.10M
NOI $66,290 @ 7.0% cap · market cap 9.14%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.47M
$1.28M – $1.71M
NOI $102,567 @ 7.0% cap · market cap 14.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Sprinkler system
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
Frequently Asked Questions
What type of property is this?
Office units - Elevator service, sprinkler protection, and a remodeled interior support a range of office configurations.
Where is this office units located?
The property is located at 200-600 Barrow Street Anchorage, AK.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Approximately 5,396 SF, including a 3,985 SF main level and 1,411 SF mezzanine; Private offices, conference room, kitchen, and two‑story open area with a full wall of windows; Elevator served and sprinklered
