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Anchorage Retail Investment Opportunity
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3952 Mountain View Dr, Anchorage, AK 99508

5,304 SF retail property with three fully occupied units.

Property Size5,304 SF
Price / SF$75.23
Days on Market904

Property Features for 3952 Mountain View Dr

General Information

Standard status Active
Size 5,304 SF
Class C
Property subtype Retail
Zoning B3 - General Business
Occupancy 100%
Lease Type Modified Gross

Building Details

Year Built 1958
Year Renovated 2018
Units 3
Tenancy Multi
Listing Agency: Elevate Commercial
Listed By: Jenny Willardson, CCIM · License #AK 182858
Source: Crexi
Added: Mar 2, 2024 Changed: Aug 8 Last Checked: Aug 21 at 12:24PM

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 Elevate Commercial

Investment Insights

Based on property information with market context.

This 5,304 SF property, renovated in 2018, is zoned B3 - General Commercial and features three fully occupied units, suitable as a retail or strip center investment. The property offers versatile use and a strong income stream, with a diverse tenant mix. Located in the Anchorage area, it benefits from proximity to the commercial core and good accessibility. The largest unit includes an upstairs apartment and has been occupied by a restaurant long term, presenting a lucrative opportunity to add value to your investment portfolio.

Key Highlights

  • 5,304 SF retail/strip center investment property
  • 3 fully occupied units providing a strong income stream
  • Zoned B3 - General Commercial, offering versatile use

Property Analytics

Current Use

Jamico's Pizzeria Restaurant Restaurant

Location Intelligence

Demographics for 99508, AK

34,394
Population
14,219
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
7.1 sq mi
ZIP Area
4,844
Density / Sq Mi
$72,751
Median Household Income
$40,937
Median Earnings
$1,353
Median Rent
$309,400
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - 5,304 SF retail property with three fully occupied units.
Where is this strip mall located?
The property is located at 3952 Mountain View Dr Anchorage, AK.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 5,304 SF retail/strip center investment property; 3 fully occupied units providing a strong income stream; Zoned B3 - General Commercial, offering versatile use
(907) 360-1936 Call to check price and availability
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