Property summary
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
VerifiedCap rate & NOI
Current use
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College
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General Contractor
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Ski Club Service Establishment
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Photography Service (Bike/Boat/Book/etc) Store
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Photography Service (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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