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Downtown Anchorage Mixed-Use Building

315 E Street Anchorage, AK 99501

315 E Street, Anchorage, AK, 99501
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For Sale
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Mixed-use building in downtown Anchorage, Alaska, available for sale.

Property Size17,248 SF
Price / SF$226.11
AddedMay 13
Days on Market65
Last RefreshJul 15 at 10:54 pm

Property Features for 315 E Street

General Information

Standard status
Active
Size
17,248 SF
Property subtype
Retail, Hospitality, Mixed Use

Building Details

Year Built
1972

Listing date May 13, 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 Vanessa Stadler-Swanson, MBA


Investment Insights

Based on property information with market context.

This mixed-use building is located in downtown Anchorage, Alaska. The property has a total size of 17,248 square feet. It is suitable for commercial real estate purposes, including retail and hospitality.

Key Highlights

  • Downtown Location
  • Mixed Use Building
  • Built in 1972

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $434.6k $25.20
− Vacancy −$19.6k −$1.13
EGI $415.1k $24.07
− OpEx −$124.5k −$7.22
NOI $290.6k $16.85
17,248 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$4.15M
$3.63M – $4.84M (±1% cap)
NOI $290,563 @ 7.0% cap · market cap 7.45%
Second Best
Mixed Use
$3.09M
$2.70M – $3.60M (±1% cap)
NOI $216,290 @ 7.0% cap · market cap 5.55%
Theoretical Best
Specialty Retail
$4.68M
$4.10M – $5.46M (±1% cap)
NOI $327,850 @ 7.0% cap · market cap 8.41%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

E Street Audio ... Film Production Bear and Raven Adventure ... Cinema Segway Tours of Anchorage Travel Agency Media Production Associates Film Production E Street Theater Cinema

FAQs

What type of property is this?
Mixed-use property - Mixed-use building in downtown Anchorage, Alaska, available for sale.
Where is this mixed-use property located?
The property is located at 315 E Street Anchorage, AK.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Downtown Location; Mixed Use Building; Built in 1972
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