16
See all 16 photos
$2,350,000
Est. payment /mo
10 BD
12 BA
14,200 SqFt
Active
409 W Northern Lights BLVD Anchorage, AK 99503
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UPDATED:
12/05/2024 07:22 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 14,200 sqft
Price per Sqft $165
MLS Listing ID 24-14671
Bedrooms 10
Full Baths 10
Half Baths 2
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 1964
Lot Size 0.740 Acres
Acres 0.74
Property Description
Excellent cash flow from long-term tenants at this AAA location mixed-use investment. The property includes retail, office, shop, and 2nd-floor residential units-newly remodeled with strong lease history and meticulous maintenance. Vacant lot included currently used for snow storage. Priced to sell at $2.35M (8.4% Cap Rate). Please don' disturb tenants, see package attached. Financials available.
Location
State AK
Area 10 - Spenard
Zoning B3 - General Business
Direction North side of Northern Lights just west of Blueberry.
Interior
Heating Baseboard
Exterior
Garage Spaces 2.0
Garage Description 2.0
Building
Foundation Slab
Lot Size Range 0.74
Sewer Public Sewer
New Construction No
Construction Status Existing Structure
Schools
Elementary Schools North Star
Middle Schools Romig
High Schools West Anchorage
Others
Tax ID 0090243100001
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Listed by Jack White Commercial
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