423 W 5th Avenue Anchorage, AK 99501

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Added: Feb 15 Updated: Jul 20 at 4:42PM Checked: Jul 21 at 3:00AM

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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.

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

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FAQs

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 W 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