525 - 527 E 4th Avenue

    Anchorage, AK 99501
    • $2,374,400
    • STATUS: Active
    • ON SITE: 64 days
    • MLS #: 19-9902
    UPDATED: 42 min ago
    $2,374,400
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,628
      SQFT
    • $162
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1961

    School Ratings & Info

    Description

    Two story concrete block commercial building. Public Utilities - water,sewer,gas,electric. Currently used as a rooming house, apartments,with office and storage areas. The property is located in the eastern portion of the downtown CBD. Central Business District.The subject is located on the eastern portion of the core Downtown CBD. The Downtown CBD is generally bound by the Port of Anchorage and the Alaska Railroad Terminal Reserve to the north, 9th A venue to the south, Ingra Street to the east, and Cook Inlet!Knik Arm to the west. Notable Downtown commercial development includes the Captain Cook Hotel, the Alaska Court System, the Performing Art Center (PAC), and the Fifth A venue Mall. New Downtown development includes the MOA's Fire Station No. I and Municipal Jail, and the Marriott Hotel: Immediate Neighborhood: The subject's immediate neighborhood is the 4th Avenue corridor. This is a primary downtown arterial (eastbound only in the subject's area) providing access to/from surrounding commercial areas. The subject's immediate area is characterized by Anchorage's downtown core. Commercial development such as the Federal Building, Anchorage Museum, Egan Convention Center, major hotels, restaurants, offices buildings, etc evidence are located in the immediate area Linkage and Infrastructure: Major traffic arterials bisecting the general neighborhood are A, C, I, and L Streets and 4th, 5th, 6th, and 9th Avenues. A, C, I, and L Streets are one-way north-south traffic arterials that provide primary access to/from downtown Anchorage. East 4th, 5th and 6th Avenues are one-way east-west arterials through Downtown Anchorage. Together, these arterials link the Downtown commercial area to the Ship Creek/Port of Anchorage, Midtown, and South Anchorage areas. Per the State of Alaska, Department of Transportation and Public Facilities (ADOT&PF), the average daily traffic count is 9,350 vehicles per day on East 4th Avenue fronting the subject and 10,200 vehicles per day on A Street and 9,900 vehicles per day on Gambell Street in the vicinity of the subject. Improvements to neighborhood streets include streetlights, concrete curbs/gutters, concrete sidewalks, and storm drains. Public water, sewer, electricity, natural gas, and telephone service the neighborhood. To summarize, the subject is located within the downtown commercial area. The subject benefits from its good location on East 4th Avenue (eastbound only), a primary Downtown arterial. Additionally, proximity and access to surrounding primary traffic arterials and Midtown Anchorage enhance the neighborhood's appeal and viability. The outlook for the immediate neighborhood is . for continued modernization and upgrade. When economically feasible, older structures will be demolished for new construction compatible with downtown business zoning.

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    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Core Real Estate Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2019-08-21T07:39:37.067.
    www.alaskarealestatemls.com/homes/96006448

    525 - 527 E 4th Avenue Anchorage, AK 99501

    • Price: $2,374,400
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 19-9902
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    14,628
    SQFT
    $162
    $/SQFT
    1961
    Built
    Neighborhood:
    Downtown Anchorage
    Area:
    Downtown Anchorage
    Property Description
    Two story concrete block commercial building. Public Utilities - water,sewer,gas,electric. Currently used as a rooming house, apartments,with office and storage areas. The property is located in the eastern portion of the downtown CBD. Central Business District.The subject is located on the eastern portion of the core Downtown CBD. The Downtown CBD is generally bound by the Port of Anchorage and the Alaska Railroad Terminal Reserve to the north, 9th A venue to the south, Ingra Street to the east, and Cook Inlet!Knik Arm to the west. Notable Downtown commercial development includes the Captain Cook Hotel, the Alaska Court System, the Performing Art Center (PAC), and the Fifth A venue Mall. New Downtown development includes the MOA's Fire Station No. I and Municipal Jail, and the Marriott Hotel: Immediate Neighborhood: The subject's immediate neighborhood is the 4th Avenue corridor. This is a primary downtown arterial (eastbound only in the subject's area) providing access to/from surrounding commercial areas. The subject's immediate area is characterized by Anchorage's downtown core. Commercial development such as the Federal Building, Anchorage Museum, Egan Convention Center, major hotels, restaurants, offices buildings, etc evidence are located in the immediate area Linkage and Infrastructure: Major traffic arterials bisecting the general neighborhood are A, C, I, and L Streets and 4th, 5th, 6th, and 9th Avenues. A, C, I, and L Streets are one-way north-south traffic arterials that provide primary access to/from downtown Anchorage. East 4th, 5th and 6th Avenues are one-way east-west arterials through Downtown Anchorage. Together, these arterials link the Downtown commercial area to the Ship Creek/Port of Anchorage, Midtown, and South Anchorage areas. Per the State of Alaska, Department of Transportation and Public Facilities (ADOT&PF), the average daily traffic count is 9,350 vehicles per day on East 4th Avenue fronting the subject and 10,200 vehicles per day on A Street and 9,900 vehicles per day on Gambell Street in the vicinity of the subject. Improvements to neighborhood streets include streetlights, concrete curbs/gutters, concrete sidewalks, and storm drains. Public water, sewer, electricity, natural gas, and telephone service the neighborhood. To summarize, the subject is located within the downtown commercial area. The subject benefits from its good location on East 4th Avenue (eastbound only), a primary Downtown arterial. Additionally, proximity and access to surrounding primary traffic arterials and Midtown Anchorage enhance the neighborhood's appeal and viability. The outlook for the immediate neighborhood is . for continued modernization and upgrade. When economically feasible, older structures will be demolished for new construction compatible with downtown business zoning.
    Exterior Features

    Access Type Dedicated RoadGovernmentMaintainedPaved Construction Type BlockConcreteUnknownWood Frame Exterior Finish MasonryWood Foundation Type BlockPoured ConcreteUnknown - Btv Parking Space Total 8 Roof Type Bitumen/Torch DownBuilt-Up/Tar GravelRolled/Hot Mop

    Interior Features

    Features Commercial 3 Phase ElectricDsl/Cable AvailableHw Heater - GasIn City LimitsLiving QuartersMaster Meter - ElecMaster Meter - GasOn-Site ParkingRestroom(S)-HandicapRestroom(S)-PrivateSecurity SystemSprinkler System Flooring Type CarpetSlab Fuel Type Natural Gas Heat Type Baseboard Office Apx SF 2100 Primary Space Hospitality Retail SFRetail Apx 12851 Secondary Space OfficeOffice/Warehouse Walls Sheetrock

    Property Features

    Assessed Bldg Value 1960000.00 Assessed Land Value 314400.00 Assessed Year 2018 Borough Census Area 1A - Anchorage Municipality Building Name Henry House Building Status Owner Occupied Building Type Class B Construction Status Existing Structure EMMinimum Deposit 20000.00 Foreclosure Bank Owned No New Finance Terms AhfcCashConventionalQualifying Assumptn Percent Space Leased 0.00 Property Use Single Use Region 1 - Southcentral Alaska Region Sewer Type Public Sewer Tax Year 2018 Taxes 37300.00 Total Assessed Value 2274400.00 Water Type Public Zoning B2c - Central Business Periphery

    Listing Office Re/Max Dynamic Properties. Copyright 2019 Alaska Multiple Listing Service, Inc. All rights reserved.
    DISCLAIMER: The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Core Real Estate Group are marked with either the listing brokerage's logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing information was last updated on: 2019-08-21T07:39:37.067.
     
    Core Real Estate Group
    10421 VFW Rd
    Eagle River AK, 99577