Norway Building
Well-located downtown office property offering renovation and repositioning opportunities.
Marketing description
The Norway Building presents an opportunity to acquire a well-located office property in Downtown Anchorage at a price point that allows for future improvements and value creation. Situated on the northeast corner of W 15th Avenue and C Street, the property consists of approximately 14,879 square feet on a 0.64-acre site with on-site parking and strong street visibility.
Originally constructed in 1972, the building features a functional office layout with numerous private offices and flexible work areas that can accommodate a variety of professional, administrative, nonprofit, or service-oriented users. Buyers seeking an owner-user headquarters, investment property, or repositioning opportunity will appreciate the property's central location and adaptability.
The property is being offered as-is and presents a compelling opportunity for purchasers looking to renovate, modernize, or redevelop an established downtown asset. With RO zoning, excellent accessibility, and a prominent corner location, the Norway Building offers significant upside potential for the next owner.
Property is offered as-is. Buyer to independently verify all information and suitability for intended use.
Investment highlights
- 14,879 SF office building situated on approximately 0.64 acres
- Prime corner location at W 15th Avenue and C Street
- Downtown Anchorage location with excellent visibility and access
- RO (Residential Office) zoning
- Existing layout includes numerous private offices and flexible workspace
- On-site parking
- Suitable for owner-users, investors, nonprofits, professional services firms, or redevelopment-minded buyers
- Opportunity to renovate, reposition, or adapt the property to meet current market demands
- Offered as-is
- Additional floor plans, leases, and financial information available upon request
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