801 B Street, Anchorage, AK 92101

The property at 801 B Street presents a compelling opportunity to acquire a well-maintained, multi-tenant office building in the core of downtown Anchorage, combined with three additional contiguous parcels providing a rare and highly functional parking component. The offering includes a 35,675 square foot GBA, five-story office building with basement, situated on a 7,000 SF parcel with approximately 14,000 additional square feet dedicated to surface parking adjoining just to the south east. Recent capital improvements include renovated common areas and restrooms, as well as a new rooftop HVAC system installed in 2023, significantly reducing near-term capital requirements. Offered at $2,800,000 (approximately $78.50 per square foot), the asset provides an attractive basis for investors, owner-users, and developers seeking a combination of in-place income, lease-up potential, and long-term optionality. The property is located within a designated HUB Zone, offering potential advantages for qualifying businesses seeking federal contracting preferences.