Remodeled Office
For Sale
$260,000
3500 Latouche St # 230a, Anchorage, AK 99508
Updated professional setting includes private reception, kitchenette, bathroom, and sound-buffering wall treatments.
Property Size1,339 SF
Price / SF$194.17
Days on Market175
Property Features for 3500 Latouche St # 230a
General Information
Standard status
Active
Size
1,339 SF
Total Parking Spaces
1
Property subtype
Commercial
Additional Details
HOA Fee
$1,334
Office Units
1
Amenities
conference room
kitchenette
Building Details
Year Renovated
2025
Listing Agency:
Jack White Commercial
Listed By:
Manny Rodriguez
(907) 563-5500
Source:
Viewanchoragehouses
Added: Apr 24
Changed: Oct 1
Last Checked: Oct 14 at 11:33PM
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 Jack White Commercial
Investment Insights
Based on property information with market context.
This 1,339-square-foot office suite in a medical building was remodeled in 2025 with updated walls, flooring, doors, electrical connections, and internet setup. The layout includes five offices, a private bathroom, kitchenette, reception area, and interior waiting area. Felt-and-wood wall panels are used to help buffer sound between offices, while oversized windows provide substantial natural light.
Located in Midtown Anchorage at 3500 Latouche Street, Unit #230A, the suite includes one assigned covered parking space and access to 12 parking spaces at the property. Building amenities include public waiting areas and a shared conference room. The building was constructed in 1985 and offers a secure professional setting for office users, including medical practices.
Located in Midtown Anchorage at 3500 Latouche Street, Unit #230A, the suite includes one assigned covered parking space and access to 12 parking spaces at the property. Building amenities include public waiting areas and a shared conference room. The building was constructed in 1985 and offers a secure professional setting for office users, including medical practices.
Key Highlights
- 1,339 SF office suite remodeled in 2025
- Five offices plus a private bathroom and kitchenette
- Private reception and waiting area within the suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,353
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,060
$347.1K
Cap Rate 7%
$247,900
$247.9K
Cap Rate 9%
$192,811
$192.8K
Market Conditions
NOI Build-Up for 1,339 SF
Gross rent
$32.1K $24.00/SF
− Vacancy
−$3.2K −$2.40/SF
EGI
$28.9K $21.60/SF
− OpEx
−$11.6K −$8.64/SF
NOI
$17.4K $12.96/SF
Area
Anchorage, AK
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,060
Cap Rate 7%
$247,900
Cap Rate 9%
$192,811
Alternative Uses
Best Use
Healthcare Medical
$247.9K
$216.9K – $289.2K
NOI $17,353 @ 7.0% cap · market cap 6.67%
Second Best
Office B
$235.0K
$205.6K – $274.2K
NOI $16,450 @ 7.0% cap · market cap 6.33%
Theoretical Best
Specialty Retail
$363.6K
$318.2K – $424.2K
NOI $25,452 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Location Intelligence
Demographics for 99508, AK
34,394
Population
14,219
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
4,844
Density / Sq Mi
$72,751
Median Household Income
$40,937
Median Earnings
$1,353
Median Rent
$309,400
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
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Frequently Asked Questions
What type of property is this?
Office units - Updated professional setting includes private reception, kitchenette, bathroom, and sound-buffering wall treatments.
Where is this office units located?
The property is located at 3500 Latouche St # 230a Anchorage, AK.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 1,339 SF office suite remodeled in 2025; Five offices plus a private bathroom and kitchenette; Private reception and waiting area within the suite
