375 36Th Ave Anchorage, AK 99503
- Banks
- 19,333 SF
- 1.00 lot acres
Current Use by Public Records
- Progressive Insurance - Claims Office / Insurance Agency / Auto Insurance Agency
- ASEA Legal Services / Legal Services
- Alaska Laborers Trust Funds / Insurance Agency
- Southern Alaska Carpenters / Labor Union
- Alaska Hotel, Restaurant & Camp Employees Trust Funds / Hotel
Property Details for 375 36Th Ave
- Year built
- 1974
- Lot size
- 1.00 lot acres
- Property size
- 19,333 SF
- Zone code
- B3 GENERAL BUSINESS
- Property type
- Banks
- APN
- 009-062-88-000
- APU
- 906288000
Description
This exceptional three-story office building, located at 375 W 36th Ave in Anchorage, Alaska, presents a compelling investment opportunity. The 19,333 square foot property sits on a 43,477 square foot lot and boasts a desirable B-3 zoning classification. Built in 1974, the building is currently 100% occupied by a mix of high-quality tenants including Progressive Insurance, Labor Trust Services, and Nordic Calista. The asking price is $3,300,000, translating to $170.69 per square foot. The property offers excellent access and visibility, with ample parking (53 spaces) and prominent signage on 36th Avenue. Its Midtown Anchorage location provides convenient proximity to a variety of amenities, including restaurants, retail shops, banks, and hotels. This fully leased asset offers a strong cash flow and potential for future appreciation. Owner financing is available, subject to approval. The building features a single structure with three stories. This is a rare opportunity to acquire a well-located, fully occupied office building in a thriving Anchorage market.
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
- State
- Alaska
- Longitude
- -149.889
- Latitude
- 61.1885
- CBSA code
- 11260
- CBSA name
- ANCHORAGE, AK METROPOLITAN STATISTICAL AREA
