1421 8Th AveAnchorage, AK 99501

Property Details for 1421 8Th Ave

Year built

1959

Lot size

1.14 AC

Property size (Sq ft)

9,585 SF

Zone code

I1 LIGHT INDUSTRIAL

Property type

Industrial properties

Property subtype

Other warehouses

APN

003-101-21-000

APU

310121000

Description

This exceptional 7,494 square foot property, situated on a fully fenced 1.02-acre lot, presents a unique investment opportunity in Anchorage, Alaska. The building comprises a substantial 6,027 square foot warehouse/shop area, perfectly complemented by 1,473 square feet of dedicated office space. The expansive lot offers significant additional storage capacity with 9,700 square feet of existing storage sheds and canopies. The property boasts one overhead door for convenient loading and unloading. Its zoning as I1: Light Industrial land ensures versatility and potential for a wide range of uses. The location is particularly advantageous for aviation-related businesses and investors, given its immediate proximity to Merrill Field. This prime location offers excellent accessibility and visibility, making it an attractive proposition for businesses seeking a strategic foothold in the Anchorage market. The combination of ample warehouse space, dedicated office area, extensive outdoor storage, and prime location makes this property a compelling investment opportunity. The asking price is $1,950,000.

• Alternative Use

  Use

  Valuation

  Residential

  $2,959,298

  Hospitality

  $2,710,701

  Educational

  $2,255,271

  Medical

  $2,332,834

  Retail

  $3,508,200

Location Insight

City

Anchorage

County

Anchorage

State

Alaska

Latitude

61.2149

Longitude

-149.856

CBSA code

11260

CBSA name

ANCHORAGE, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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