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Medical Office Condominium Suite
For Lease
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204-2401 E 42nd Ave, Anchorage, AK 99503

Lease a medical office suite with multiple exam rooms and dedicated covered parking in a professional district.

Space SizeContact for details
Days on Market579

Property Features for 204-2401 E 42nd Ave

General Information

Standard status Active
Total Parking Spaces 2
Zoning ROSL
Listing Agency: Jack White Commercial
Listed By: Marc Dunne
Source: Exprealty
Added: Jan 10, 2025 Changed: Aug 12 Last Checked: Aug 12 at 2:39PM

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

Investment Insights

Based on property information with market context.

This for-lease medical office condominium suite is located in the Laurel Park Building and offers a medical/professional office configuration designed for patient flow. The build-out includes a waiting room and reception area, six exam rooms, a file room, nurse station, private restroom, and one private office.

The property is situated in the heart of the U-Med district, with convenient access off Lake Otis Pkwy and E. 42nd Ave. The location is positioned near Providence and UAA, supporting a mix of medical and professional activity. The suite includes two dedicated covered parking spaces, along with ample on-site parking. The property is zoned ROSL, Residential office district.

For healthcare providers and service professionals seeking a turnkey layout, the exam-room plan and reception/waiting area provide an operational foundation for clinical or related uses. Dedicated covered parking and on-site parking help accommodate patients and staff, while the ROSL zoning supports office-focused occupancy within a medical/professional building environment.

Key Highlights

  • 1,893 RSF medical/office condominium suite for lease in the Laurel Park Building
  • Build‑out includes waiting room/reception, six exam rooms, file room, and nurse station
  • Includes a private restroom and one private office

Property Analytics

Current Use

Medical Office Space

Lease Details

NNN (Triple Net)
Lease Type

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

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?
Medical Office Space - Lease a medical office suite with multiple exam rooms and dedicated covered parking in a professional district.
Where is this medical office space located?
The property is located at 204-2401 E 42nd Ave Anchorage, AK.
What are key features of this property?
This property features: 1,893 RSF medical/office condominium suite for lease in the Laurel Park Building; Build‑out includes waiting room/reception, six exam rooms, file room, and nurse station; Includes a private restroom and one private office
More about this property
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