Property profile

5401 Cordova St Anchorage, AK 99518

OFF-MARKET
Retail properties & Spaces
2,000 SF
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Property summary

AI-generated overview

This exceptional 2,000-square-foot mixed-use commercial condo in Anchorage, Alaska, is priced at $430,000 ($215/sq ft). Located at 5401 Cordova St, zip code 99518, near C Street and International Airport Road, this property offers a rare opportunity. Currently configured as a spacious open-concept office with a private office, kitchenette, shop/storage area, and bathroom, it boasts tall ceilings and premium lighting. The unit is vacant and ready for occupancy on November 11, 2024. The flexible layout allows for easy conversion to a shop, warehouse, or retail space, particularly with the reinstallation of an overhead door. The inviting glass front entry enhances its versatility. The property is zoned I1: Light Industrial and includes two units across one story. Association dues of $453.03 per month (2025 amount to be determined) cover water, sewer, refuse, parking lot maintenance, landscaping, and reserves. Owners are responsible for gas, electricity, and interior unit maintenance. Buyer's intended use is subject to approval by the Board of Directors. All information is believed to be accurate but should be verified independently. Floor plans and interior photos will be available soon. MLS # 24-13503.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • College
  • General Contractor
  • Ski Club Service Establishment
  • Photography Service (Bike/Boat/Book/etc) Store
  • Photography Service (Bike/Boat/Book/etc) Store

Location

5401 Cordova St Anchorage, AK 99518
Anchorage metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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