Tobacco Retail
2509 Fairbanks Street #B, Anchorage, AK 99503
For Sale
$232,000
B3 - General Business zoning supports a commercial retail setting for the tobacco business.
Property Size909 SF
Price / SF$255.23
Days on Market9
Property Features for 2509 Fairbanks Street #B
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Business Included
Building Details
Building Size
Listing Agency:
Chambers Real Estate Services
Listed By:
Jerrett Chambers · License AK #223988
(907) 565-5665
Source:
Alaskabuiltrealestate
Added: Nov 2
Changed: Nov 7
Last Checked: Nov 9 at 4:53PM
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 Chambers Real Estate Services
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Investment Insights
Based on property information with market context.
The 909 property at 2509 Fairbanks Street, Suite B, is offered with a tobacco retail business featuring hand-blended tobaccos, cigars, premium pipes, and related accessories. Product selections include luxury tinned brands and collectible Meerschaum pipes. The business also offers potential avenues for online sales, community events, and loyalty programs.
The address is in Anchorage, Alaska, between Fireweed and Northern Lights Boulevard. The site is zoned B3 - General Business.
The address is in Anchorage, Alaska, between Fireweed and Northern Lights Boulevard. The site is zoned B3 - General Business.
Key Highlights
- Tobacco retail business at 2509 Fairbanks Street, Suite B, Anchorage
- Product mix includes hand‑blended tobaccos, cigars, premium pipes, and accessories
- Selections include luxury tinned brands and collectible Meerschaum pipes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,313
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,260
$306.3K
Cap Rate 7%
$218,757
$218.8K
Cap Rate 9%
$170,144
$170.1K
Market Conditions
NOI Build-Up for 909 SF
Gross rent
$22.9K $25.20/SF
− Vacancy
−$1.0K −$1.13/SF
EGI
$21.9K $24.07/SF
− OpEx
−$6.6K −$7.22/SF
NOI
$15.3K $16.85/SF
Area
Anchorage, AK
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,260
Cap Rate 7%
$218,757
Cap Rate 9%
$170,144
Alternative Uses
Best Use
Retail
$218.8K
$191.4K – $255.2K
NOI $15,313 @ 7.0% cap · market cap 6.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$246.8K
$216.0K – $288.0K
NOI $17,278 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
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
$316,700
Median Home Value
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Market
Average Price Trend$/SF for Storefront properties in Anchorage, AK
Properties on Market for Storefront properties in Anchorage
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - B3 - General Business zoning supports a commercial retail setting for the tobacco business.
Where is this storefront property located?
The property is located at 2509 Fairbanks Street #B Anchorage, AK.
What is the asking price?
The asking price for this property is $232,000.
What are key features of this property?
This property features: Tobacco retail business at 2509 Fairbanks Street, Suite B, Anchorage; Product mix includes hand‑blended tobaccos, cigars, premium pipes, and accessories; Selections include luxury tinned brands and collectible Meerschaum pipes
