Anchorage, AK 99501,707 A ST
Anchorage, AK 99501,707 A ST
Anchorage, AK 99501,707 A ST
16
$2,600,000
$2,600,000
Est.Price: ?

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20,424 SqFt

707 A ST Anchorage, AK 99501

Est. payment /mo
SOLD DATE : 12/27/2021

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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

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Alaska MLS
Listed by Pacific Tower Properties
Bought with Pacific Tower Properties

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Johanna Mack

REALTOR®, GRI | License ID: 18235

+1(907) 232-1552

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