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707 A Street, Anchorage, Alaska

$2,600,000
  • $2,600,000
  • 20,424
  • .48
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Name this building after your company. Approx. 20,424 SF two-story office building with INCOME located downtown near Anchorage Museum, Federal Building, Federal Courthouse and bus stop. Amenities include, elevator, sprinklers, fire alarm, has private offices, classroom size rooms, open areas, 5-restrooms includes ADA, common area breakroom, front and rear handicap ramps, crawlspace, etc.21,000sf Lot, zoned B2B. 27 onsite parking spaces, additional street metered parking and pay lots nearby. Contemporary design remodel underway, completed renovations so far include Sept '18 installed new gas forced air Rooftop mounted penthouse multi-zoned HVAC unit (10-year warranty on heat exchangers & 5-year warranty on the compressor). Aug '18 installed new polyglass roof membrane with APOC Sunshield (ultra-violet heat protection - 12-year warranty). '18 New Exterior paint, exterior mounted building lights and restriped parking lot. Additional renovations include new common area paint, carpet tile flooring in lobby, entrances, stairs and hallways. New vinyl flooring in restrooms and breakroom. New restroom solid surface countertops, sinks & faucets, new breakroom kitchenette, cabinets, solid surface countertops, sinks, faucets & appliances. New wall laminate and carpet tiles in Elevator. New maple common area doors and new door trim. Currently have 3-Tenants leasing approximately 4,226 RSF suites with income of approx. $7,218 monthly. All leases have relocation clauses in them. Also, available for Lease, rates start at $1.60prsf. Tenant improvements negotiable, amortized over lease term and added to the lease rate. Tenant pays own janitorial, telephone & internet. One on-site parking space allocated per 900 sf leased. 3-day a week light janitorial available for $.12 per square foot. Listing Broker and Licensee have a financial interest in the subject property commonly known as 707 A Street, Anchorage, Alaska.

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Essential Information

  • MLS® # 19-1346
  • Price $2,600,000
  • Square Footage 20,424
  • Acres 0.48
  • Year Built 1973
  • Type Commercial Property
  • Style Single Use
  • Status Active
  • Annual Tax Amount $33,000

Community Information

Amenities

  • Features Corner Lot, In City Limits, Master Meter - Elec, Master Meter - Gas, On-Site Parking, Restroom(s)-Handicap, Restroom(s)-Private, Sprinkler System, DSL/Cable Available, Elevator
  • Parking Spaces 27

Interior

  • Heating Forced Air
  • # of Stories 2

Exterior

  • Roof Other - See Remarks

Additional Information

  • Date Listed February 1st, 2019
  • Days on Market 284
  • Zoning B2B - Central Business Intermediate

Listing Details

  • Listing Office: Pacific Tower Properties, Inc.

Financials

  • $/SqFt $127

Neighborhood Information

Close to Military Facility(ies), Close to Penitentiary, High Residential Turnover, Coastal Area

  • Icon of money $390,000

    Median Price

  • Icon of a grid layout $234

    Median Price/Sqft

  • Icon of a bar graph 98.48%

    Sale/List Ratio

  • Icon of a house 61

    # of Homes SoldWithin the Last Year

  • Icon of a person walking 75/100

    Walk Score®Very Walkable

  • Icon of a raincloud 15.29″

    Annual Precipitation

  • Icon of a sun 20.80°F /65.10°F

    Avg. Highs -
    Jan/July

  • Icon of a cloud and moon 7.10°F /52.30°F

    Avg. Lows -
    Jan/July

  • Icon of a group of people 18,246

    PopulationBased on Nearest ZIP Code

  • Icon of a person 34

    Median Age

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Listing information last updated on November 11th, 2019 at 4:34pm AKST.