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Flex Space with Mezzanine
For Sale
$499,900

5-12872 Old Seward Hwy, Anchorage, AK 99503

Garage condo units with I-1 zoning, private toilet, sink, shower, and adaptable workspace.

Property SizeContact for details
Days on Market12

Property Features for 5-12872 Old Seward Hwy

General Information

Standard status Active
Listing Agency: Real Broker Alaska
Listed By: Yvan C Corbin
Source: Exprealty
Added: Aug 20 Changed: Aug 28 Last Checked: Aug 31 at 12:40AM

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 Real Broker Alaska

Investment Insights

Based on property information with market context.

These garage condo units provide 1,240 square feet of flexible commercial space in a configuration suited to storage, equipment, or business operations. Each unit measures 20' by 50' and includes a 14' by 20' mezzanine with 8-foot ceilings. Private toilet, sink, and shower facilities are included, along with windows throughout the space.

The units are located in South Anchorage at 5-12872 Old Seward Hwy. I-1 zoning supports their industrial property classification. Construction details include 9-inch-thick commercial-grade concrete floors designed for heavy loads, adding a durable foundation for a range of commercial activities.

Key Highlights

  • 1,240 square feet of commercial garage space per unit
  • 20' by 50' unit dimensions
  • 14' by 20' mezzanine with 8‑foot ceilings

Property Analytics

Current Use

Flex space

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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Garage condo units with I-1 zoning, private toilet, sink, shower, and adaptable workspace.
Where is this flex space located?
The property is located at 5-12872 Old Seward Hwy Anchorage, AK.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1,240 square feet of commercial garage space per unit; 20' by 50' unit dimensions; 14' by 20' mezzanine with 8‑foot ceilings
More about this property
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