AK > Anchorage
Anchorage, AK 99503,409 W Northern Lights BLVD
Anchorage, AK 99503,409 W Northern Lights BLVD
Anchorage, AK 99503,409 W Northern Lights BLVD
Anchorage, AK 99503,409 W Northern Lights BLVD
Anchorage, AK 99503,409 W Northern Lights BLVD
Anchorage, AK 99503,409 W Northern Lights BLVD
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Tim Chi

Tim Chi

+1(907) 331-3104
$ 2,350,000
Est. payment | /mo

10 Beds

12 Baths

14,200 SqFt

Save
$ 2,350,000
Est. payment | /mo
Save

10 Beds

12 Baths

14,200 SqFt

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

Year Built 1964

Lot Size 0.740 Acres

Acres 0.74

Source Alaska Multiple Listing Service

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.

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

Alaska MLS
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Listed by Jack White Commercial

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agent
Tim Chi

Agent | License ID: 209627

+1(907) 331-3104

3705 Arctic Blvd #1312 Anchorage, Anchorage

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409 W Northern Lights BLVD