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    OFF-MARKET
    Retail properties & Spaces

    5401 Cordova St, Anchorage, AK 99518

    2,000 SF
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Alaska Building Science College
    • What will it Cost? General Contractor
    • Skiku Ski Club Service Establishment
    • Flavin Photography Photography Service (Bike/Boat/Book/etc) Store
    • Chris Arend Photography Photography Service (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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