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3500 O'malley Road, Anchorage, Alaska

$949,000
  • $949,000
  • 9,193
  • 4.47
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This is a commercial structure on a 4.47 acre parcel on O'Malley. It is zoned R-6 but has a historical use of General Manufacturing that goes back to 1955. The business that has been in this building is Airglass Engineering, Inc. The facility has been used continuously to manufacture fiberglass airplane and helicopter skis. There is a secondary structure of a single family home with a twocar garage. The house is 2347 feet including a daylight basement. It is currently being marketed in the residential classification as well. The business will be moving to another location shortly and the building will then be vacant. The older portion of the shop, approximately 5772 square feet, consists of shop, storage, and warehouse space. The newer part of the shop is approximately 2,478 square feet and it includes an office area. The office area is 16' x 48' and there are two separate shop/garage areas which total approximately 1710 square feet. This property has a sprinkler system (year unknown). The property is across the road (O'Malley) from the Anchorage Golf Course. The house is very livable and makes it convenient to live where you work. Lots of potential. One of a kind property. The business is by appointment only as it is currently operating. The property has a letter of non-objection from DOTPF for the minor encroachment of the commercial building at 3500 O'Malley Road. The subject lot is a conforming lot of record with the MOA. The commercial building is a legal nonconforming structure and is governed by AMC 21.12.040 Nonconforming Structures. Therefore, the existing commercial building and it's use for general manufacturing is a legal nonconforming use of land or structure and is governed by AMC 21.12.030 Nonconforming Uses of Land or Structures. (dated 5/24/16 by the MOA). There is a basement in one small part of the building where the utilities are located. 3 bathrooms: one in the office with a sink and stool. Two are older and one has a shower. Original was built in the 50's and additions built in the early 70's.

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Essential Information

  • MLS® # 19-5519
  • Price $949,000
  • Square Footage 9,193
  • Acres 4.47
  • Year Built 1959
  • Type Commercial Property
  • Style Single Use
  • Status Active
  • Annual Tax Amount $18,783
  • Tax Year 2018

Community Information

  • Address 3500 O'malley Road
  • Area 30 - Abbott Rd - Dearmoun Rd
  • Subdivision T12NR3WS21L7
  • City Anchorage
  • State Alaska
  • Zip Code 99507

Amenities

  • Features Fencing, In City Limits, Living Quarters, Master Meter - Elec, Master Meter - Gas, On-Site Parking, Overhead Door(s), Restroom(s)-Private, Security System, Buried Fuel Tank, Separate Meter-Elec, Separate Meter-Gas, Sprinkler System
  • Parking Spaces 20
  • View Mountains

Interior

  • Heating Baseboard, Other - See Remarks
  • # of Stories 1

Exterior

  • Exterior Wood
  • Roof Bitumen/Torch Down, Unknown - BTV
  • Construction Wood Frame
  • Foundation Concrete Block

Additional Information

  • Date Listed April 15th, 2019
  • Days on Market 135
  • Zoning RMKS - See Remarks

Listing Details

  • Listing Office: Keller Williams Realty Alaska Group

Financials

  • $/SqFt $103

Neighborhood Information

Stable Population, High Residential Turnover

  • Icon of money $1,425,000

    Median Price

  • Icon of a grid layout $150

    Median Price/Sqft

  • Icon of a bar graph 99.07%

    Sale/List Ratio

  • Icon of a house 382

    # of Homes SoldWithin the Last Year

  • Icon of a person walking N/A

    Walk Score®

  • Icon of a raincloud 16.08″

    Annual Precipitation

  • Icon of a sun 22.20°F /65.30°F

    Avg. Highs -
    Jan/July

  • Icon of a cloud and moon 9.30°F /51.50°F

    Avg. Lows -
    Jan/July

  • Icon of a group of people 38,108

    PopulationBased on Nearest ZIP Code

  • Icon of a person 32

    Median Age

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Listing information last updated on August 24th, 2019 at 3:04pm AKDT.