533 W 4th Ave, Anchorage, AK 99501
Restaurant property for sale in downtown Anchorage with lease in place.
- Added:
- Aug 14, 2024
- Days on Market:
- 667
- Last Refresh:
- Jan 20 at 7:59 am
Property Features for 533 W 4th Ave
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Lot size
- 0.07 Acres
Listing agent Hugh J. Wade License #17280 (907) 230-1523
Listing office Spire Commercial (907) 230-1523
Listing date Aug 14, 2024
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Spire Commercial
HighLights
- Prime downtown Anchorage location on W. 4th Ave, directly across from Peratrovich Park.
- B2B zoning on a 3,250sf lot.
- 3,000sf building currently operating as a ~60 patron restaurant.
- Includes a full commercial kitchen and sushi bar.
- Existing beer and wine license.
- Comes with a 60‑month lease in place.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.2k | $26.40 |
| − Vacancy | −$3.2k | −$1.06 |
| EGI | $76.0k | $25.34 |
| − OpEx | −$19.0k | −$6.34 |
| NOI | $57.0k | $19.01 |
Alternative Uses
Current Use by Public Records
Map
- City
- Anchorage
- County
- Anchorage
- State
- Alaska
- Longitude
- -149.893
- Latitude
- 61.2187
