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525 - 601 E 4th Avenue, Anchorage, AK

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525 - 601 E 4th Avenue

Anchorage, AK 99501-2623 - Downtown-5 Submarket

Property Type:Office Sub Type:Industrial Live/Work Unit Status:Existing Year Built:1953
Stories:2 Typical Floor:11,307 SF Building Size:34,931 SF
For Sale Price:$4,250,000 Price/SF:$121.67
Cap Rate:10.00 %

Sale Notes:
Two separate buildings. Currently used as a rooming house. Mix of apartments and shared rooms. Maintained buildings with newer boilers. 3 stage electric in 527. Full service commercial kitchen located in 545. Complete Security cameras. Buildings master keyed. Numerous pkg sps are possible with removal of some fencing. Potential uses include rehab facility, assisted living, hotel or combination.
Existing AHFC loans are qualifying assumable.

RE/MAX Dynamic Properties
Kathleen Kowalczuk
(907) 360-1176

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