Mixed-Use Retail and Office
606 E Fireweed Ln Anchorage, AK 99503
606 E Fireweed Ln, Anchorage, AK, 99503
$450,000
For Sale
$450,000
Single commercial building with street-facing retail frontage and an additional rear office area.
Property Size2,888 SF
Price / SF$155.82
Days on Market119
Property Features for 606 E Fireweed Ln
General Information
- Standard status
- Active
- Size
- 2,888 SF
Listing agency
RE/MAX Dynamic Properties
(907) 865-4700
Listed by
Won S Zong · License #15747
(907) 865-4700
Source
Exprealty
Added: Mar 25 Updated: Jul 20 at 11:23PM Checked: Jul 20 at 11:23PM
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 RE/MAX Dynamic Properties
Investment Insights
Based on property information with market context.
This single commercial building is configured with street-facing space suitable for retail use, along with a secondary rear area that can be used for office. The layout supports a mixed approach for tenants and owner-occupants who want retail activity at the front with office space toward the rear.
The property is located in Midtown Anchorage on general business zoning, and it sits directly along a high-traffic roadway. With frontage on the street, the building is positioned for walk-in retail and storefront visibility.
The building offers flexible use potential, including retail shop or office, with the rear office area providing additional room for office-oriented operations.
The property is located in Midtown Anchorage on general business zoning, and it sits directly along a high-traffic roadway. With frontage on the street, the building is positioned for walk-in retail and storefront visibility.
The building offers flexible use potential, including retail shop or office, with the rear office area providing additional room for office-oriented operations.
Key Highlights
- Single commercial building in Central Midtown with general business zoning
- Street‑facing retail frontage on a high‑traffic area
- Additional rear office area suitable for office use alongside retail
Local Financial Insights For Office B
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 | $60.6k | $21.00 |
| − Vacancy | −$13.3k | −$4.62 |
| EGI | $47.3k | $16.38 |
| − OpEx | −$11.8k | −$4.10 |
| NOI | $35.5k | $12.29 |
2,888 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$695.0K
$608.2K – $810.9K
NOI $48,652 @ 7.0% cap · market cap 10.81%
Second Best
Office B
$506.8K
$443.5K – $591.3K
NOI $35,479 @ 7.0% cap · market cap 7.88%
Theoretical Best
Specialty Retail
$784.2K
$686.2K – $914.9K
NOI $54,895 @ 7.0% cap · market cap 12.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hustle Junkie Clothing
Clothing Store
Talofa Samoa Sewing ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Single commercial building with street-facing retail frontage and an additional rear office area.
Where is this storefront property located?
The property is located at 606 E Fireweed Ln Anchorage, AK.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Single commercial building in Central Midtown with general business zoning; Street‑facing retail frontage on a high‑traffic area; Additional rear office area suitable for office use alongside retail
