Two-Building Retail
For Sale
$1,525,000
423 5th Avenue, Anchorage, AK 99501
Two parcels with two retail buildings, one occupied and one vacant, positioned on 5th Avenue in downtown Anchorage.
Property Size10,950 SF
Price / SF$139.27
Days on Market223
Property Features for 423 5th Avenue
General Information
Standard status
Active
Size
10,950 SF
Property subtype
General Commercial
Amenities
3
Listing Agency:
(907) 830-7319
Listed By:
Jack White Commercial
(907) 830-7319
Source:
Xome
Added: Dec 31, 2025
Changed: Aug 8
Last Checked: Aug 11 at 5:39AM
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 downtown commercial sale includes two parcels and two retail buildings. One building is occupied by Ginger, while the second building is currently vacant, creating flexibility for an owner-occupant or a tenant strategy that incorporates existing in-place occupancy.
The property is positioned on 5th Avenue and is described as having strong local area mix, with nearby businesses including the 5th Avenue Mall and Club Paris.
On-site configuration supports a combined ownership scenario covering both buildings within the two-parcel footprint, with occupancy in one structure and leasing in the other.
The property is positioned on 5th Avenue and is described as having strong local area mix, with nearby businesses including the 5th Avenue Mall and Club Paris.
On-site configuration supports a combined ownership scenario covering both buildings within the two-parcel footprint, with occupancy in one structure and leasing in the other.
Key Highlights
- Two parcels with two retail buildings on 5th Avenue in downtown Anchorage
- One building is occupied by Ginger; the second retail building is vacant
- In‑place guest facilities: 3
Property Analytics
Property Profile
Current Use
Location Intelligence
Demographics for 99501, AK
18,590
Population
8,906
Households
2.1
Avg Household Size
38
Median Age
40%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,775
Density / Sq Mi
$69,591
Median Household Income
$43,542
Median Earnings
$1,181
Median Rent
$378,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Two parcels with two retail buildings, one occupied and one vacant, positioned on 5th Avenue in downtown Anchorage.
Where is this storefront property located?
The property is located at 423 5th Avenue Anchorage, AK.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Two parcels with two retail buildings on 5th Avenue in downtown Anchorage; One building is occupied by Ginger; the second retail building is vacant; In‑place guest facilities: 3
