5401 Cordova St #201 & Anchorage, AK 99518
- Warehouses
- 2,000 SF
Current Use by Public Records
- Warehouses
Property Details for 5401 Cordova St #201 &
- Property size
- 2,000 SF
- Property type
- Warehouses
- Property subtype
- Office Properties & Spaces
Description
This exceptional offering presents two vacant, combined 2,000-square-foot commercial condominiums in Anchorage, Alaska. Located at 5401 Cordova Street #201 & #202, 99518, this property boasts a highly desirable I1 (Light Industrial) zoning designation, making it suitable for a variety of uses. Currently configured as a spacious office space, the units feature a private office, kitchen/kitchenette, shop/storage area, and a bathroom. High ceilings and premium lighting enhance the versatile layout. The property benefits from a glass-front entry, ideal for both office and retail applications. Conversion to a more warehouse-focused space is easily achievable, particularly with the reinstallation of an overhead door. The low-maintenance aspect is a significant advantage, with the homeowner's association covering water, sewer, refuse, parking lot maintenance, landscaping, and reserves (currently $453.03/month, subject to change in 2025). The owner is responsible for gas, electricity, and interior unit maintenance. This prime location near C Street and International Airport Road offers unparalleled convenience and accessibility. The asking price for this unique opportunity is $430,000. The property is situated on one story and is ready for immediate occupancy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anchorage
- County
- Anchorage Municipality
- State
- Alaska
- Longitude
- -149.878
- Latitude
- 61.1716
