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 6:06AM
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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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.
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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
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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
