Listed by Jack White Commercial
$5,700,000
2604 Spenard Road
Details
Property Type Mixed Use
Square Footage 45,243
Year Built 1960
Buildings 3
Acreage 161111.000
Zoning B-3 and R-4
Investment Type Owner/User
Ground Lease No
Sale Condition For sale by owner
Landmark commercial property for sale in Midtown Anchorage.
Marketing description
The property is fully occupied with a diverse mix of established long-term tenants, many operating at below-market rental rates, creating strong upside potential for future ownership. Tenants include Play It Again Sports, Mama O’s, Jackie’s Place, Organic Oasis, Drift Salon and several others. Positioned between Bear Tooth Theatrepub and AMH, just off Spenard Road and Northern Lights Boulevard, the property benefits from excellent frontage, strong daily traffic counts, prominent signage opportunities and ample on-site parking. Fee simple ownership.
Investment highlights
The Spenard Center consists of three retail buildings totaling approximately 42,000 SF situated on 3.2 acres of land zoned B3. Included in the sale are two additional vacant parcels zoned R-4
Listing Contacts
Listed by Jack White Commercial
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