423 W 5th AVE, Anchorage, AK 99501
423 W 5th AVE, Anchorage, AK 99501
423 W 5th AVE, Anchorage, AK 99501
423 W 5th AVE, Anchorage, AK 99501
423 W 5th AVE, Anchorage, AK 99501
423 W 5th AVE, Anchorage, AK 99501
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Monique Manley

Monique Manley

+1(907) 887-9103
$ 1,525,000
Est. payment | /mo

10,929 SqFt

Save
$ 1,525,000
Est. payment | /mo
Save

10,929 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,929 sqft

Price per Sqft $139

MLS Listing ID 26-2699

Construction Status Existing Structure

Lot Size 9,750 Sqft

Acres 0.22

Source Alaska Multiple Listing Service

Property Description

Over a 10% Cap rate once the vacant space is leased. Current Cap rate is just under 7% as is! This a phenomenal investment. In addition this is incredibly well maintained and the absolute best location in Downtown Anchorage where restaurants have very high sales volumes. Priced to sell.

Location

State AK

Area 5 - Downtown Anchorage

Zoning B2A - Central Business Core

Direction Across from 5th avenue mall. Ginger and space to the lookers right, used to be TJs Shirts.

Building

Lot Size Range 0.22

New Construction No

Construction Status Existing Structure

Others

Tax ID 0021050500001, 0021050600001

Alaska MLS
Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved
Listed by Jack White Commercial

NEARBY SCHOOLS & PROPERTIES

Monique Manley

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(907) 887-9103

moniquemanleyak@gmail.com

420 W. Tudor Road, # A-240., Anchorage, Alaska, 99503, United States

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423 W 5th AVE