Two-Story Office
921 W 6th Avenue, Anchorage, AK 99501
For Sale
New
$1,820,000
B2B zoning, two occupied suites, a vacant suite, and rear tandem parking support a range of office configurations.
Property Size9,042 SF
Price / SF$201.28
Days on Market2
Property Features for 921 W 6th Avenue
General Information
Standard status
Size
Total Parking Spaces
Zoning
Site & Location
Neighborhood
Additional Details
Office Units
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
6969.6
10
0.16
Tax Authority
9042
Building Details
Building Size
Year Built
Buildings
Stories
Tenancy
Listing Agency:
KW Regal North Commercial
(907) 312-2438
Listed By:
Chanel Ebert
Source:
Svrealtyak
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 10 at 1:35AM
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 KW Regal North Commercial
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Investment Insights
Based on property information with market context.
The office property spans two stories and includes a basement, with 9,042 square feet across three suites. Suite 100 contains 2,484 RSF and Suite 200 contains 4,005 RSF; Suite 102, with 1,146 RSF, is vacant. The building was constructed in 1968 and has undergone improvements. Its zoning is B2B - Central Business Intermediate.
Ten tandem parking spaces are located behind the building. A Diamond Parking lot is west of the property. The address is 921 W 6th Avenue in Anchorage, Alaska, near the courthouse.
Ten tandem parking spaces are located behind the building. A Diamond Parking lot is west of the property. The address is 921 W 6th Avenue in Anchorage, Alaska, near the courthouse.
Key Highlights
- 9,042 square feet in a two‑story building with a basement
- Suite 100: 2,484 RSF; Suite 200: 4,005 RSF; Suite 102: 1,146 RSF vacant
- B2B - Central Business Intermediate zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$111,081
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,221,620
$2.2M
Cap Rate 7%
$1,586,871
$1.6M
Cap Rate 9%
$1,234,233
$1.2M
Market Conditions
NOI Build-Up for 9,042 SF
Gross rent
$189.9K $21.00/SF
− Vacancy
−$41.8K −$4.62/SF
EGI
$148.1K $16.38/SF
− OpEx
−$37.0K −$4.10/SF
NOI
$111.1K $12.29/SF
Area
Anchorage, AK
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,221,620
Cap Rate 7%
$1,586,871
Cap Rate 9%
$1,234,233
Alternative Uses
Best Use
Office B
$1.59M
$1.39M – $1.85M
NOI $111,081 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.46M
$2.15M – $2.86M
NOI $171,870 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
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
$378,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Anchorage, AK
Properties on Market for Office buildings in Anchorage
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - B2B zoning, two occupied suites, a vacant suite, and rear tandem parking support a range of office configurations.
Where is this office building located?
The property is located at 921 W 6th Avenue Anchorage, AK.
What is the asking price?
The asking price for this property is $1,820,000.
What are key features of this property?
This property features: 9,042 square feet in a two‑story building with a basement; Suite 100: 2,484 RSF; Suite 200: 4,005 RSF; Suite 102: 1,146 RSF vacant; B2B - Central Business Intermediate zoning
