For more information regarding the value of a property, please contact us for a free consultation.
707 A ST Anchorage, AK 99501
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $2,600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 20,424 sqft
Price per Sqft $127
MLS Listing ID 19-1346
Year Built 1973
Annual Tax Amount $33,000
Lot Size 0.482 Acres
Property Description
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 4-Tenants leasing approximately 9,443 RSF suites with income of approx. $16,086 monthly. All leases have relocation clauses in them.
Also, available for Lease -4 suites remaining, 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.
Location
State AK
Area 5 - Downtown Anchorage
Zoning B2B - Central Business
Building
Foundation Other
Water Public
New Construction No
Read Less
Copyright 2024 Alaska Multiple Listing Service, Inc. All rights reserved
Bought with Pacific Tower Properties