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Harbor-View Storefront Property

507 1st Street, Cordova, AK 99574

For Sale
$560,000

A 2022 modernization updated the electrical system, interior finishes, windows, heating, and insulation.

Property Size3,075 SF
Price / SF$182.11
Days on Market119

Property Features for 507 1st Street

General Information

Standard status Active
Size 3,075 SF
Total Parking Spaces 1
Property subtype Commercial
Zoning Central Business District

Additional Details

Tenant in Place Yes

Amenities

elevated seating area overlooking Cordova Harbor

Building Details

Building Size 3,075 SF
Year Built 1915
Year Renovated 2022
Listing Agency: Alaska Life Realty
Listed By: Rich Harter · License AK RECS17863
Source: Akliferealty
Added: Jul 15 Changed: Nov 7 Last Checked: Nov 10 at 6:43PM

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 Alaska Life Realty

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Investment Insights

Based on property information with market context.

This 3,075-square-foot storefront property at 507 1st Street dates to 1915 and is zoned Central Business District. An elevated seating area looks out over Cordova Harbor. The building is leased through May 2027.

Work completed in 2022 included a new electrical system, interior renovations and finish upgrades, commercial-grade flooring, replacement windows, a Toyo boiler heating system, and added insulation in the attic and beneath the floors.

Key Highlights

  • 3,075‑square‑foot storefront property
  • Leased through May 2027
  • Elevated seating area with views over Cordova Harbor

Property Analytics

Current Use

Storefront properties

Location Intelligence

Demographics for 99574, AK

2,691
Population
1,340
Households
2
Avg Household Size
39
Median Age
28%
College-Educated
97%
High-School Grad
3,292.1 sq mi
ZIP Area
1
Density / Sq Mi
$88,555
Median Household Income
$40,694
Median Earnings
$1,346
Median Rent
$382,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - A 2022 modernization updated the electrical system, interior finishes, windows, heating, and insulation.
Where is this storefront property located?
The property is located at 507 1st Street Cordova, AK.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: 3,075‑square‑foot storefront property; Leased through May 2027; Elevated seating area with views over Cordova Harbor
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