1 / 18$4,950,000
601 W 36th Avenue
Anchorage AK 99503
Sun Properties, LLC
0
Bathrooms
1982
Year Built
MLS# 20-15171· Listed Sep 27, 2020
Live MLS feedAbout This Home
Excellent location, high visibility retail center for sale. This is an owner's listing for sale that offers a rare chance to own commercial property in a thriving opportunity zone. This property lies directly between Midtown's financial district and large residential neighborhoods, and is minutes away from the U-MED District, Ted Stevens International Airport, and downtown Anchorage. Construction has begun on a new $16 million, high-tech boutique hotel just 2 blocks from the property. To tap into Alaska's growing tourism, Aloft Hotels is scheduled to open in spring 2021. Property is a mix of established businesses, including restaurants, retail and personal services that serve both residential and corporate clients. Current occupancy is 91.24%, with 12 tenants occupying 17 spaces. Tenants are a mix of both long term and new tenants. Vacancy is at 8.76%, with 2 units available. Recently updated in 2019, including freshly painted exterior, and revamped storefront and pyron signs. Exterior finish also consists of; stone veneer, glass, & new shingles on exterior frontage. Property also features well-lit and ample parking, pedestrian sidewalks, and convenient landscaping. Owner is flexible, and open to working with a 1031 Exchange buyer.
Documents & insights
4 documents from current & prior listings · parcel #0090633300001.
Summary of 4 documents from this property's current and prior listings. 0 items worth reviewing, plus 5 additional facts captured.
A sample of what's in the documents
Roof
Mechanical plans indicate existing rooftop units for suites #8 & #9 are to remain and be reused.
Mechanical plans indicate existing rooftop units for suites #8 & #9 are to remain and be reused.View source — Floorplan
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Property Details
Flooring
Sewer
Price & Status History
* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.
Listed by: Richard Davids · Sun Properties, LLC
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Mortgage Estimate
$29,639/mo
$4,455,000 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
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