Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Midtown Warehouse with Office Space Title is generated by Realmo AI

    2404 Barrow Street, Anchorage, AK 99503

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Warehouse with office and mezzanine, suitable for various business uses.

    Type:Industrial, Office
    Property size:
    5,201 SF
    Price / SF:
    $114/SF
    Added:
    May 14, 2026
    Days on Market:
    14
    Last Refresh:
    May 16 at 8:47 pm

    Property Features for 2404 Barrow Street

    General Information

    Standard status
    Active
    Size
    5,201 SF
    Property subtype
    Industrial, Office

    Building Details

    Year Built
    1957

    We can help!

    Listing Contact
    Michael James
    Michael James

    Listing agent Michael James License #AK.15758

    Listing office Commercial Division of Berkshire Hathaway HomeServices Alaska Realty

    Listing date May 14, 2026

    Source Crexi

    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 Commercial Division of Berkshire Hathaway HomeServices Alaska Realty

    HighLights

    • Combination of office (1,240 SF) and warehouse (1,458 SF) space.
    • Second‑floor mezzanine providing an additional 2,501 SF of space.
    • Equipped with an electric conveyor system for upper‑level loading.
    • Suitable for parts distribution, service operations, storage, or light industrial use.
    • Previously used as a parts warehouse and office facility.
    • Located in Midtown.

    Overview

    This midtown property, formerly occupied by Wolf's Maytag, is available for sale. It includes approximately 1,240 square feet of front office space, 1,458 square feet of warehouse area, and a 2,501 square foot second-floor mezzanine. The building features an electric conveyor system designed to assist with loading materials to the upper level. With a total property size of 5,201 square feet, this space is suitable for parts distribution, service operations, storage, or light industrial users.
    Location Intelligence

    Current Use by Public Records

    Wolf Distributing Home Appliance Store

    Map

    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.88193
    Latitude
    61.199073

    Nearby Similar for Sale

    • $949,000
      5,274 SF

      Anchorage Multifamily Property with Large Lot

      Southside Anchorage multifamily property with potential for Airbnb.
      12636 Silver Fox Lane, Anchorage, AK 99515
      View Details
    • $585,999
      2,720 SF

      Anchorage Townhouse Style Duplex

      South Anchorage duplex with strong rental income potential.
      8941 Woodstock Circle, Anchorage, AK 99502
      View Details
    • $450,000
      1,486 SF

      Historical Cabins in Midtown Anchorage

      Two log cabins ideal for office use in midtown Anchorage.
      213 W Fireweed Lane, Anchorage, AK 99503
      View Details
    • $2,050,000
      12,200 SF

      Anchorage Commercial Properties For Sale

      Three adjacent commercial properties totaling 30,544 SF in Anchorage, AK.
      123 E Fireweed Lane, Anchorage, AK 99503
      View Details
    • $2,050,000
      12,200 SF

      Anchorage Mixed-Use Commercial Properties

      Three adjacent properties zoned B-3 for sale in Anchorage, AK.
      123 E Fireweed Lane, Anchorage, AK 99503
      View Details
    • $1,190,000
      6,796 SF

      Anchorage Medical/Office Building For Sale

      Two-story medical/office building with updated suites and common areas.
      3600 Lake Otis Pkwy, Anchorage, AK
      View Details
    • $4,300,000
      30,240 SF

      Anchorage Midtown Office Building For Sale

      Three-story office building with basement storage in midtown Anchorage.
      3940 Arctic Boulevard, Anchorage, AK 99503
      View Details
    • $410,000
      1,920 SF

      Anchorage Duplex Near Base

      Two-unit property with in-unit laundry, convenient location, and ample parking.
      4413 E 8th Avenue, Anchorage, AK 99508
      View Details
    • $650,000

      Twin Office Buildings in Midtown

      Two-story office buildings with ample parking in Midtown Business District.
      3300 C St, Anchorage, AK, 99503-3942
      View Details
    • $525,000
      1,976 SF

      Anchorage Multifamily Property For Sale

      Two-family residential property in Anchorage, Alaska, approximately 1,976 square feet.
      6921 Royal Court, Anchorage, AK 99502
      View Details
    • $695,000
      8,626 SF

      Anchorage Mixed-Use Owner Opportunity

      8,626 SF mixed-use property near the airport for sale.
      4500 W 50th Ave, Anchorage, AK 99502
      View Details
    • $5,500,000
      38,371 SF

      Anchorage Office Building with Warehouse

      Three-story office building with attached warehouse near the airport.
      201 E 56th Ave, Anchorage, AK 99518
      View Details

    FAQs

    What type of property is this?
    Flex space - Warehouse with office and mezzanine, suitable for various business uses.
    Where is this flex space located?
    The property is located at 2404 Barrow Street Anchorage, AK.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: Combination of office (1,240 SF) and warehouse (1,458 SF) space.; Second‑floor mezzanine providing an additional **2,501 SF of space**.; Equipped with an **electric conveyor system** for upper‑level loading.
    (907) 646-3600 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Michael James
    Michael James
    Real Estate License ID: AK.15758
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2404 Barrow Street, Anchorage, AK 99503
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!