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Mixed-Use Property with Apartments
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3205 Spenard Road, Anchorage, AK 99503

Three parcels combine commercial frontage, residential units, and a separate sleeping room across multiple zoning designations.

Property SizeContact for details
Lot Size1.07 Acres
Days on Market145

Property Features for 3205 Spenard Road

General Information

Standard status Active
Lot size 1.07 Acres
Property subtype Retail, Multifamily

Additional Details

Road Access Yes
Multifamily Units 3

Building Details

Buildings 2
Listing Agency: Mossy Oak Properties of Alaska - Soldotna
Listed By: Danielle Chihuly · License #AK RECS19162
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 7:19AM

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 Mossy Oak Properties of Alaska - Soldotna

Investment Insights

Based on property information with market context.

This mixed-use property consists of three parcels totaling 46,436 square feet. Two buildings face Spenard Road, while a third parcel carries the 1108 W. 32nd Avenue address. The property includes three apartments and a separate sleeping room, with upgrades completed to the apartments. Historical uses included a pawn shop, coin shop, and apartment residences.

The parcels provide road frontage along Spenard Road. The properties at 3201 and 3205 Spenard Road are zoned B-3, while 1108 W. 32nd Avenue is zoned R2N, creating distinct commercial and residential land-use designations within the assemblage.

Key Highlights

  • Three parcels totaling 46,436 square feet
  • Two buildings front Spenard Road; third parcel is addressed at 1108 W. 32nd Avenue
  • Three apartments plus a separate sleeping room

Property Analytics

Current Use

Storefront properties

Lease Details

3
Residential units
Yes
Paved road access

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three parcels combine commercial frontage, residential units, and a separate sleeping room across multiple zoning designations.
Where is this mixed-use property located?
The property is located at 3205 Spenard Road Anchorage, AK.
What are key features of this property?
This property features: Three parcels totaling 46,436 square feet; Two buildings front Spenard Road; third parcel is addressed at 1108 W. 32nd Avenue; Three apartments plus a separate sleeping room
(877) 764-5693 Call to check price and availability
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