1237 W 27th Ave - Retail FOR SALE


Anchorage, AK 99503
$5,700,000 USD
907-229-5525
1237 W 27th Ave, Anchorage, AK for Sale
$5,700,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

1237 W 27th Ave
Anchorage, AK 99503


OVERVIEW

Landmark commercial property for sale in midtown Anchorage.  The Spenard Center consists of three retail buildings totaling approximately 45K SF situated on 3.2 acres of land zoned B3.  Included with the sale are two additional vacant land parcels zoned R-4, which could be held, sold, developed separately or included into a mixed-use redevelopment of the entire property.     The buildings are fully occupied with long-term tenants including Play It Again Sports, Mama O’s, Jackie’s Place, Organic Oasis, Drift Salon and several others.  Situated between the Bear Tooth Theater Pub and A.M.H, just off Spenard and Northern Lights, the property offers tenants tremendous signage and visibility, excellent access and ample parking.

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spenard Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,784 SF

ZONING

B3

APN/PARCEL ID

001-254-04,001-254-05,001-254-27,001-254-76,001-254-95,001-254-96

ASK ABOUT THIS PROPERTY

Marc DunneJack White CommercialMore Info
907-229-5525

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Marc DunneJack White CommercialMore Info
907-229-5525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.