Log Cabin Office
For Sale
$425,000
213 W Fireweed Lane, Anchorage, AK 99503
Commercial Sale, Anchorage, AK
Property Size1,486 SF
Lot Size0.39 Acres
Price / SF$286
Days on Market283
Property Features for 213 W Fireweed Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B3 - General Business
Directions
Travel west on Fireweed from the intersection with A Street, located on north side of street or south on C street, turn left on to 24th Place.
Subdivision
1A - Anchorage Municipality
Standard status
Active
APN
002-191-360001
Size
1,486 SF
Lot size
0.39 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Description
Lot 6 W97', Coffey Subdivision
Legal Description
Lot 6 W97', Coffey Subdivision
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard, Forced Air
Water source
Well, Public
Building Details
Building materials
Log
Roof type
Asphalt
Listing Agency:
Berkshire Hathaway HomeServices Alaska Realty
(907) 646-3600
Listed By:
J. Michael James · License #15758
(907) 646-3652
Added: Jan 15
Changed: Oct 24
Last Checked: Oct 25 at 7:06AM
MLS# 26-446
Copyright © 2026 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property contains two historic log cabins and a garage, with 1,486 square feet of building area on a 0.39-acre parcel. Its B3 - General Business zoning is identified for the site at 213 W Fireweed Lane in Anchorage.
Natural gas and public sewer serve both cabins. Water service differs by building: the rear cabin has city water, while the front cabin uses a well. Heating systems include natural gas, baseboard, and forced air.
Natural gas and public sewer serve both cabins. Water service differs by building: the rear cabin has city water, while the front cabin uses a well. Heating systems include natural gas, baseboard, and forced air.
Key Highlights
- Two historic log cabins and a garage
- 1,486 square feet of building area on 0.39 acres
- B3 - General Business zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,256
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,120
$365.1K
Cap Rate 7%
$260,800
$260.8K
Cap Rate 9%
$202,844
$202.8K
Market Conditions
NOI Build-Up for 1,486 SF
Gross rent
$31.2K $21.00/SF
− Vacancy
−$6.9K −$4.62/SF
EGI
$24.3K $16.38/SF
− OpEx
−$6.1K −$4.10/SF
NOI
$18.3K $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%
$365,120
Cap Rate 7%
$260,800
Cap Rate 9%
$202,844
Alternative Uses
Best Use
Office B
$260.8K
$228.2K – $304.3K
NOI $18,256 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$403.5K
$353.1K – $470.8K
NOI $28,246 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Two cabin structures and a garage create a compact commercial footprint for office use.
Where is this office unit located?
The property is located at 213 W Fireweed Lane Anchorage, AK.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two historic log cabins and a garage; 1,486 square feet of building area on 0.39 acres; B3 - General Business zoning
