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Old Seward Highway Building | Anchorage AK | 7222588423

This listing was posted on Americanlisted.

$2

Old Seward Highway Building

Price:
$2
Location:
Anchorage, AK
Description:

For Sale: 7550 Old Seward Highway. $2,880,000. 21,528 sf Building.59,420 sf Lot (1.36 acres).General Business Zoning.Office, retail with storage facility.Steel beam construction.Fully-sprinklered.21,000 cars daily.110 parking spaces.Clean Phase I.MLS Number 13-14265. ANCHORAGE, ALASKA: Low office and retail vacancy at 4-5 % for both. No Great Recession experienced here. Sluggish stable development for years, despite economy being resource-extraction driven. (Main point: financial and geographical diversification for nationwide financiers.) Anchorage surrounded by mountains, the ocean, for that reason there is a finite supply of buildable land. Prospects for lasting recognition are great. THIS BUILDING: Value, value-added. Steel-built building, made and developed by owner-occupant (who wishes to retire.) Stellar place, in terms of the commercial area and traffic counts. An investor or owner-user with CRE possession management (i.e. property and lease management) abilities (or the best third-party management) can maximize this structure. The present property owner didn't do essential things like raise leas to show the marketplace, capture CAM, include bumps for enhanced property taxes and insurance through the years, and so on. Likely 8.6 Cap if handled appropriately at asked for price. FULL PDF PACKET AVAILABLE AT WWW.SPIRECRE.COM. Anchorage has greater per capita, home earnings than the remainder of the country. South Anchorage is the most affluent part of town, normally. This structure is found in the environment of the busiest retail part of town, that essentially services the entire state. (Alaska is mostly roadless and the rest of the state shops here.) 21,000 average automobiles per day pass by, and there is a stoplight in front of the structure that makes it stop & go. (They aren't driving by at 65mph.). Full pdf packet readily available upon demand, happy contact listing licensee, or get it from the Spire Commercial internet site (below.). Hugh Wade.Spire Commercial Real Estate.http://www.spirecre.com/.show contact information.
Property Type:
Commercial & Office Space for Rent
Sq feet:
21,528 sq. ft.
Amenities:
Internet Access, Parking, Storage
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