4855 Arctic Boulevard, Anchorage AK 995031 / 13

$8,500,000

Active

4855 Arctic Boulevard

Anchorage AK 99503

Jack White Commercial

0

Bathrooms

25,161

Sq Ft

$338/sqft16.54 acres lot

MLS# 25-12274· Listed Sep 22, 2025

Live MLS feed

About This Home

Existing Community Recreation Center or Church Building on 16.5 Acres. 25,161 SF commercial building currently built out as two, gymnasiums with a stage, locker rooms, full commercial kitchen, classrooms, meeting space, offices and storage. Site is currently zoned R-3, which permits the existing use as well as group living and community uses. Other uses are permitted with site plan review. Property was previously approved for rezone to B-3, confidence amongst surveyors and the P&Z staff is high that a rezone is possible in the current political climate.10-12 Acres of excess land is currently utilized as sports fields but may be subdivided for commercial use. Land and building are also listed separately under MLS numbers 25-14928 and 25-14927, respectively.

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Property Details

Property TypeCommercial Sale
Sub TypeSingle Use
Lot Size16.54 acres
Parcel #00922127000
MLS #25-12274

Price & Status History

12/17/2025
Listed for sale
$4,950,000-41.8%
$215/sqft
9/22/2025
Listed for sale
$8,500,000-19.0%
$338/sqft
Source: AKMLS #25-12274
2/26/2025
Listed for sale
$10,500,000-16.7%
$417/sqft
10/5/2022
Listed for sale
$12,600,000
$501/sqft

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

Equal Housing Opportunity

Listed by: Brandon L Walker · Jack White Commercial

Alaska MLS

© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Data last updated May 2026.

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Greg Shepard

Greg Shepard

Real Estate Agent

Better Homes and Gardens Real Estate Dream Makers

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Mortgage Estimate

Down payment10% · $850,000
Interest rate7.0%
Loan term30 years

$50,896/mo

$7,650,000 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

Greg Shepard

Dream Makers

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