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Anchorage Office Condos For Sale

500 L St, Anchorage, AK 99501

For Sale
$1,325,000

Office condos available for sale in Anchorage, Alaska.

Property Size28,643 SF
Price / SF$46.26
Days on Market292

Property Features for 500 L St

General Information

Standard status Active
Size 28,643 SF

Site & Location

Neighborhood Downtown
Listing Agency: Wirum Properties L.L.C.
Listed By: John Wirum
Source: Griggrealty
Added: Jan 26 Changed: Oct 25 Last Checked: Oct 7 at 1:10PM

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 Wirum Properties L.L.C.

Rey
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Investment Insights

Based on property information with market context.

This property is part of a three-condo sale, including the 5th, 3rd, and 1st-floor office condos. The total sales price for all three is $1,400,000. Long-term leases are in place for most of the 5th and 3rd floors. The management company currently occupies 5700 square feet of the 1st floor, which can be vacated at the time of sale. This space could then be made available for lease or use by the new owner. The property is located in Anchorage, Alaska.

Key Highlights

  • Opportunity to acquire three condo units (5th, 3rd, and 1st floors) in a single transaction.
  • Existing long‑term leases in place for a significant portion of the 5th and 3rd floors, providing immediate income.
  • 5700 sq ft of 1st‑floor office space currently occupied by a management company can be vacated upon sale.**

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wirum Properties, LLC Property Management Company Reeves Amodio Law Firm Sedor Wendlandt Evan ... Law Firm Seaver & Wagner LLC Law Firm Clayton & Diemer, LLC Law Firm

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office Units in Anchorage, AK

$224 Jul
$243 Aug
$228 Sep
$217 Oct

Properties on Market for Office Units in Anchorage

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office condos available for sale in Anchorage, Alaska.
Where is this office unit located?
The property is located at 500 L St Anchorage, AK.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: Opportunity to acquire three condo units (5th, 3rd, and 1st floors) in a single transaction.; Existing long‑term leases in place for a significant portion of the 5th and 3rd floors, providing immediate income.; 5700 sq ft of 1st‑floor office space currently occupied by a management company can be vacated upon sale.**
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