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19687350
19687351

533 W 4th Ave, Anchorage, AK 99501 For Sale

RS
AK 194501
Spire Commercial Real Estate
HW
AK 17280
SPIRE COMMERCIAL
Listed by Spire Commercial Real Estate, SPIRE COMMERCIAL
$850,000
702 days on market
Updated 46 days ago

Anchorage Alaska Restaurant Investment Property

Details
APN 002106070001
Property Type Retail
Sub Type Restaurant
Square Footage 3,000
Net Rentable (SqFt) 3,000
Units 1
Cap Rate 7.22%
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 5
Lease Expiration 07/14/2029
Remaining Term 3
Rent Bumps Yes
Lease Options One - Five Year - Option to Extend
Pro-Forma Cap Rate 8.49%
Pro-Forma NOI $72,191
Price per SqFt $283
Year Built 1976
Buildings 1
Stories 2
Lot Size (SqFt) 3,250
Zoning B2B - Central Business Intermediate
Investment Type Stabilized
Tenant Credit No Credit Rating
Lease Commencement 07/15/2024
Occupancy Date 01/01/1982
Ground Lease Yes
Ownership Fee Simple

Real Property Only

Marketing description

533 W. 4th Ave

Downtown Anchorage property for sale. 533 W. 4th Ave. 3,000sf of building on 3,250sf of B2B zoned land, between E Street and F Street directly across from Peratrovich Park. This location is the long-time home of Kumagoro Sushi a ~60 patron restaurant with full commercial kitchen, beer and wine license, and sushi bar. Real property for sale only. Property comes with a 60 month lease in place.

Downtown Anchorage is on the rebound. Get this today.

DO NOT DISTURB OWNER, TENANT, EMPLOYEES, or CUSTOMERS! Please call listing licensee to discuss and to set up a walk-through. BTV all info. Real property only.

MLS# 24-10371

Hugh Wade

Ryan Schwalbe

Spire Commercial Real Estate

SpireCommercial.c0m

Investment highlights

533 W. 4th Ave

Downtown Anchorage property for sale. 533 W. 4th Ave. 3,000sf of building on 3,250sf of B2B zoned land, between E Street and F Street directly across from Peratrovich Park. This location is the long-time home of Kumagoro Sushi a ~60 patron restaurant with full commercial kitchen, beer and wine license, and sushi bar. Real property for sale only. Property comes with a 60 month lease in place.

Downtown Anchorage is on the rebound. Get this today.

DO NOT DISTURB OWNER, TENANT, EMPLOYEES, or CUSTOMERS! Please call listing licensee to discuss and to set up a walk-through. BTV all info. Real property only.

MLS# 24-10371

Hugh Wade

Ryan Schwalbe

Spire Commercial Real Estate

SpireCommercial.c0m

Listing Contacts

RS
AK 194501
Spire Commercial Real Estate
HW
AK 17280
SPIRE COMMERCIAL
Listed by Spire Commercial Real Estate, SPIRE COMMERCIAL

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