300 4Th Ave Anchorage, AK 99501
- Parking lots & garages
- 0.15 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 300 4Th Ave
- Lot size
- 0.15 lot acres
- Zone code
- B2A CENTRAL BUS CORE
- Property type
- Parking lots & garages
- APN
- 002-103-30-000
- APU
- 210330000
Description
This exceptional commercial property at 300 & 310 W 4th Avenue in Anchorage, Alaska presents a unique investment opportunity. Boasting a total of 4,970 square feet, this building is ideally suited for a variety of uses, including retail, restaurant, or office space. The main level offers 2,485 square feet of street-level commercial space, perfect for customer interaction and showcasing your business. A substantial 2,485 square foot basement provides ample storage, crucial for inventory management or archiving. The property's significant advantage lies in its dedicated parking lot, a rare find in the heart of downtown Anchorage. This lot offers approximately 20 parking spaces (buyer to verify), ensuring convenient access for both employees and customers. Located on a high-visibility street with excellent foot and vehicle traffic, this property benefits from the vibrancy of downtown Anchorage, with its proximity to numerous dining options, shopping destinations, and public transportation. The 0.21-acre lot provides a secure and accessible base for any business seeking a prominent downtown Anchorage location. This is a rare chance to acquire a well-positioned commercial property with significant potential for growth and success. The asking price is $1,400,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $265,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $220,000
- Retail
- $255,000
- Mixed-Use
- $255,000
- Hospitality
- $250,000
- Educational
- $215,000
- Residential Income
- $265,000
- Energy
- $255,000
- Income-Based Land
- $275,000
- Food Service
- $235,000
Location Insight
- Map
- Local Demand
- City
- Anchorage
- County
- Anchorage
- State
- Alaska
- Longitude
- -149.888
- Latitude
- 61.2183
- CBSA code
- 11260
- CBSA name
- ANCHORAGE, AK METROPOLITAN STATISTICAL AREA