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Office Building with Inlet Views

637 W 3rd Avenue, Anchorage, AK 99501

For Sale
New
$1,245,000

The downtown Anchorage property currently operates as a professional law office and is zoned B2C - Central Business Periphery.

Property Size2,425 SF
Price / SF$513.40
Days on Market1

Property Features for 637 W 3rd Avenue

General Information

Standard status Active
Size 2,425 SF
Zoning B2C - Central Business Periphery

Site & Location

Neighborhood Downtown

Additional Details

Currently Operating Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $9,000

Amenities

5227.2
2
0.12
Tax Authority
2425

Building Details

Building Size 2,425 SF
Year Built 1935
Stories 3
Abandoned No
Listing Agency: Real Broker Alaska
Listed By: Justin Howington
Source: Svrealtyak
Added: Nov 10 Last Checked: Nov 10 at 2:26PM

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 Real Broker Alaska

Rey
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Investment Insights

Based on property information with market context.

Built in 1935, this 2,425-square-foot office property is in use as a professional law office. It has views of Cook Inlet and is zoned B2C - Central Business Periphery.

The property is in downtown Anchorage, near restaurants, hotels, shopping, the Tony Knowles Coastal Trail and the Port of Anchorage.

Key Highlights

  • 2,425‑square‑foot office property
  • Constructed in 1935
  • Currently used as a professional law office

Property Analytics

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

Current Use

Von Gemmingen Brett 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 buildings in Anchorage, AK

$160 Jul
$168 Aug
$158 Sep
$156 Oct

Properties on Market for Office buildings 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 building - The downtown Anchorage property currently operates as a professional law office and is zoned B2C - Central Business Periphery.
Where is this office building located?
The property is located at 637 W 3rd Avenue Anchorage, AK.
What is the asking price?
The asking price for this property is $1,245,000.
What are key features of this property?
This property features: 2,425‑square‑foot office property; Constructed in 1935; Currently used as a professional law office
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