Listed by Commercial Division of Berkshire Hathaway HomeServices Alaska Realty
$1,550,000
123 and 149 E Fireweed Lane
Details
Property Type Office, Retail
Sub Type Restaurant
Square Footage 16,200
Tenancy Multi
Class C
Year Built 1958
Buildings 2
Stories 2
Lot Size (SqFt) 27,450
Zoning B-3 (General Business)
Parking Spaces spaces
Investment Type Redevelopment
Ground Lease No
Office | 16,200 SqFt
Marketing description
Rare opportunity to acquire a combined 16,200 SF assemblage of two (2) adjacent B-3 zoned properties in Midtown. Offering includes: (i) 123 Fireweed - a 12,200 SF two-story office building and (ii) 149 Fireweed - a 4,000 SF former restaurant with walkout basement storage. Properties are offered together, providing excellent redevelopment, owner-user, or investment potential in a highly visible and centrally located corridor.
Investment highlights
- Site is located at the northeast corner of Fireweed Lane and A Street. The subject is a mixed-use two-story building measuring 12,200 SF (6,100 SF floorplates), zoned General Business. Excellent visibility, with access from Fireweed Lane and alley parking access off Barrow Street. Ample parking, located on both east and west sides of building.
- Available ground floor unit provides approximately 4,000 SF of retail space along Fireweed. The 2nd floor offers multiple configurations for small offices of various sizes.
- Rents are full service less janitorial, with tenants paying pass through for taxes and insurance - $1.50/SF downstairs and $1.35/SF upstairs
- Site is adjacent to office building, located at the northwest corner of Fireweed Lane and Barrow Street. The subject is a single story with full basement measuring 4,000 SF (2,000 SF floorplates), zoned General Business.
- Building is on slope, with the main floor occupied by Ramen House restaurant facing Fireweed. Full basement available and provides approximately 2,000 SF of dry, heated, storage space, with walkout access and garage door on north side.
- Basement storage rent is $1.00/SF plus utilities.
Listing Contacts
Listed by Commercial Division of Berkshire Hathaway HomeServices Alaska Realty
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