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    100 34Th Ave Anchorage, AK 99503

    Sponsored
    For Sale
    $3,795,000

    Prime Anchorage retail, 13 tenants, high traffic.

    Property size:
    36,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents the Dover Center, a landmark Anchorage shopping center. Comprising two single-story buildings totaling 36,960 square feet, this property boasts 13 tenants, ensuring a stable income stream. Located at 100 & 200 W 34th Ave, Anchorage, AK 99503, the center sits on a 2.54-acre lot (110,462 sq ft) zoned B-3, providing ample space and development potential. Built in 1983, the property features 133 parking spaces, ensuring convenient access for customers and employees. The high-traffic location benefits from over 21,000 vehicles passing daily on C Street, providing excellent visibility and accessibility. The asking price is $3,795,000, translating to $102.68 per square foot. The property is currently under a ground lease expiring June 15, 2023. This well-maintained shopping center presents a compelling investment opportunity in a thriving Anchorage market, with strong tenant occupancy and significant potential for future growth. The property's APN is 009-062-70. This is a multi-tenant property with excellent signage and great access.

    Property Features for 100 34Th Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    36,960 SF

    Building Details

    Year Built
    1983
    Buildings
    2
    Stories
    1
    Units
    13

    HighLights

    • $3,795,000 asking price for this 36,960 square foot retail shopping center.
    • Multi‑tenant property with 13 units, currently 100% occupied.
    • Located in Anchorage, Alaska at 100 & 200 W 34th Ave, on a 2.54‑acre lot (110,462 sq ft).
    • Features two, one‑story buildings built in 1983, with 133 parking spaces.
    • Zoned B‑3, with excellent visibility and access, situated on a high‑traffic street.
    • Ground lease in place, expiring June 15, 2023.
    Property Profile Location Intelligence

    Current Use by Public Records

    Scan Home Furniture Furniture Store

    Map

    City
    Anchorage
    County
    Anchorage
    State
    Alaska
    Longitude
    -149.88370078619
    Latitude
    61.189478297619

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Anchorage retail, 13 tenants, high traffic.
    Where is this lifestyle center located?
    The property is located at 100 34Th Ave Anchorage, AK.
    What is the asking price?
    The asking price for this property is $3,795,000.
    What are key features of this property?
    This property features: $3,795,000 asking price for this 36,960 square foot retail shopping center.; Multi-tenant property with 13 units, currently 100% occupied.; Located in Anchorage, Alaska at 100 & 200 W 34th Ave, on a 2.54-acre lot (110,462 sq ft).
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 34Th Ave Anchorage, AK 99503
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