425 W 5th Avenue, Anchorage, AK 99501

/425 W 5th Avenue, Anchorage, AK 99501
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425 W 5th Avenue, Anchorage, AK 99501

For Sale

425 5th Avenue

Anchorage, AK 99501

Sale Overview

Price:
$1,275,000
Building Size:
5,979 SF
Year Built:
1957
Lot Size:
6,500 SF
Zoning:
B2A - Central Business SF

Description

Real Estate Only - No business included in sale. Business has no plans to sell or close. DO NOT DISTURB TENANT. Excellent investment opportunity in downtown Anchorage. Property is 100% leased with a stable and reputable tenant, Ginger Restaurant. 7.5% cap rate with annual increases and relatively fixed expenses makes for a strong return for the right investor.

Documents

AKMLS Listing Office

Jack White Commercial

23-9640

Alaska MLS

DISCLAIMER: The listing content relating to real estate for sale or lease on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Northern Edge Realty, Infinity Commercial Real Estate Group and Ravenwood Real Estate are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2024-05-24