1421 8Th Ave Anchorage, AK 99501
- Warehouses
- 9,585 SF
- 1.14 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1421 8Th Ave
- Year built
- 1959
- Lot size
- 1.14 lot acres
- Property size
- 9,585 SF
- Zone code
- I1 LIGHT INDUSTRIAL
- Property type
- 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.
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
- -149.856
- Latitude
- 61.2149
- CBSA code
- 11260
- CBSA name
- ANCHORAGE, AK METROPOLITAN STATISTICAL AREA