441 5th Ave Anchorage, AK 99501-2340

This exceptional Class A office building, located at 441 W 5th Avenue in Anchorage, Alaska, presents a compelling investment opportunity. The property boasts 34,518 square feet of space within a single, five-story building constructed in 1962 and extensively renovated in 2012/2013. Situated on a 0.15-acre lot, its prime downtown location offers unparalleled access to key Anchorage landmarks. The building is directly across from the 5th Avenue Mall, Town Square, and the Egan Center, and just one block from the redeveloped Key Bank Plaza. This strategic position places the property at the heart of a vibrant and rapidly developing area, promising significant future growth potential. The asking price is $6,450,000, translating to $186.86 per square foot. The property is zoned B2A - Central Business Core, allowing for a variety of uses. The building's APN is 0021050800001. This is a for sale by owner listing, offering a unique chance to acquire a high-quality, well-located office building in a thriving Alaskan market. The property's extensive renovations ensure modern amenities and functionality, making it an attractive option for a wide range of tenants. The significant ongoing development in the surrounding area further enhances the long-term investment prospects. This is a rare opportunity to secure a piece of Anchorage's dynamic downtown core.