Mixed-Use Industrial Flex
624 W Intl Airport Rd, Anchorage, AK 99518
For Sale
$2,600,000
Well-maintained building with four rear bays, elevator-access office space, and 55 parking spaces.
Property SizeContact for details
Days on Market212
Property Features for 624 W Intl Airport Rd
General Information
Standard status
Total Parking Spaces
Site & Location
Neighborhood
Additional Details
Business Included
Service Bays
Listing Agency:
Globe Real Estate, LLC
Listed By:
Kevin Elfrink · License AK #12377
(907) 727-2150
Source:
Exprealty
Added: Apr 17
Changed: Nov 12
Last Checked: Nov 12 at 9:40AM
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 Globe Real Estate, LLC
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This well-maintained mixed-use commercial property includes one building with two addresses and four large bays located in the rear. Access to the second floor is provided by an elevator, supporting office use above the bay area. The seller also notes $200,000 in tenant improvement (TI) investment.
The property is located at 624 W Intl Airport Rd in Anchorage, AK. On-site parking totals 55 spaces, providing on-grade convenience for occupants, employees, and visitors.
From an operational standpoint, the combination of rear bays and second-floor elevator access can support a variety of flex and warehouse-related setups that also require office space. For buyers, the seller reports annual income of $339,384.00 and monthly income of $28,282.00, with annual cash flow per signed leases matching the reported annual income. Owner financing is available with $400,000 down, a balance at 8% for 15 years, and a 7-year call. The seller indicates consideration of all serious offers.
The property is located at 624 W Intl Airport Rd in Anchorage, AK. On-site parking totals 55 spaces, providing on-grade convenience for occupants, employees, and visitors.
From an operational standpoint, the combination of rear bays and second-floor elevator access can support a variety of flex and warehouse-related setups that also require office space. For buyers, the seller reports annual income of $339,384.00 and monthly income of $28,282.00, with annual cash flow per signed leases matching the reported annual income. Owner financing is available with $400,000 down, a balance at 8% for 15 years, and a 7-year call. The seller indicates consideration of all serious offers.
Key Highlights
- Well‑maintained mixed‑use commercial property at 625 W. 53rd with elevator access to the second floor
- 4 large rear bays for additional commercial use
- 55 parking spaces on‑site
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Current Use
Lease Details
4
Service bays
Turnkey business
Opportunity
Location Intelligence
Demographics for 99518, AK
9,861
Population
4,568
Households
2.2
Avg Household Size
36
Median Age
32%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
2,595
Density / Sq Mi
$91,077
Median Household Income
$49,761
Median Earnings
$1,661
Median Rent
$297,900
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Anchorage, AK
Properties on Market for Flex space in Anchorage
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained building with four rear bays, elevator-access office space, and 55 parking spaces.
Where is this flex space located?
The property is located at 624 W Intl Airport Rd Anchorage, AK.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Well‑maintained mixed‑use commercial property at 625 W. 53rd with elevator access to the second floor; 4 large rear bays for additional commercial use; 55 parking spaces on‑site
