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Grocery Retail Building With Cooler

B-1403 Hyder St Anchorage, AK 99501

B-1403 Hyder St, Anchorage, AK, 99501
$795,000
For Sale
$795,000

First-floor retail space includes a walk-in cooler and shelving, plus a partially furnished 2nd-floor apartment.

Property Size3,800 SF
Price / SF$209.21
Days on Market175

Property Features for B-1403 Hyder St

General Information

Standard status
Active
Size
3,800 SF
Listing agency Comer & Associates Real Estate, LLC
Listed by Randy Comer
Source Exprealty
Added: Jan 27 Updated: Jul 21 at 2:27AM Checked: Jul 21 at 2:27AM

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 Comer & Associates Real Estate, LLC


Investment Insights

Based on property information with market context.

This for-sale property includes a 1st-floor retail space with a walk-in cooler, shelving, and other retail improvements. The 2nd floor features a 4-bedroom apartment that is partially furnished, with a new stair lift installed.

The building is located at B-1403 Hyder St in Anchorage, Alaska. For showing details, contact Randy Comer at 907-440-9000.

The retail and residential components are arranged across two levels, with access between floors supported by the recently installed stair lift.

Key Highlights

  • First‑floor retail space with a walk‑in cooler and shelving
  • Includes a partially furnished 2nd‑floor 4‑bedroom apartment
  • New stair lift installed for access to the second floor

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $100.3k $26.40
− Vacancy −$4.0k −$1.06
EGI $96.3k $25.34
− OpEx −$24.1k −$6.34
NOI $72.2k $19.01
3,800 SF · lease $26.40/SF/yr · vacancy 4.00% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.03M
$902.9K – $1.20M (±1% cap)
NOI $72,230 @ 7.0% cap · market cap 9.09%
Second Best
Retail
$914.5K
$800.2K – $1.07M (±1% cap)
NOI $64,016 @ 7.0% cap · market cap 8.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Grocery and convenience stores

FAQs

What type of property is this?
Grocery and convenience store - First-floor retail space includes a walk-in cooler and shelving, plus a partially furnished 2nd-floor apartment.
Where is this grocery and convenience store located?
The property is located at B-1403 Hyder St Anchorage, AK.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: First‑floor retail space with a walk‑in cooler and shelving; Includes a partially furnished 2nd‑floor 4‑bedroom apartment; New stair lift installed for access to the second floor
Contact an agent
More about this property
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