Listing Agency: Jack White Commercial

Listed By: Sam Steele · License #15685 Show Phone

Source: Viewanchoragehouses

Added: Oct 8 Changed: Oct 23 Last Checked: Oct 24 at 5:10PM

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Investment Insights

Based on property information with market context.

Boreal Traditions is a sculpture gallery at 939 W 5th Ave in Anchorage, featuring works by Alaska artists in bronze, wood, glass, ivory, and bone. The sale includes furniture, fixtures, equipment, and a mix of owned and consigned merchandise, along with the gallery’s customer list.

The business has a 40-year operating history. Sales records, profit and loss statements, and details on inventory and consignment items are available for review.

Key Highlights

• Gallery inventory spans bronze, wood, glass, ivory, and bone works by Alaska artists
• Sale includes furniture, fixtures, and equipment
• Includes owned and consigned merchandise

Property Analytics

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Current Use

Diamond hotel Hotel & Motel Hair Gallery Hair Salon Crow's Nest Restaurant Hotel Captain Cook Hotel & Motel Fletcher's Restaurant

Lease Details

Turnkey business

Opportunity

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

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

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Frequently Asked Questions

What type of property is this?

Retail space - The sale includes gallery furnishings, equipment, owned and consigned merchandise, and an established customer list.

Where is this retail space located?

The property is located at 939 W 5th Ave Anchorage, AK.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Gallery inventory spans bronze, wood, glass, ivory, and bone works by Alaska artists; Sale includes furniture, fixtures, and equipment; Includes owned and consigned merchandise