525 E 4th Avenue Through 601, Anchorage

$4,000,000

0 Beds
0 Baths
34,931 Sqft
.74 Acres
0 Garages

Two buildings. Currently used as a rooming house - apx 135 beds. Mix of apartments and shared rooms. 2BR owner/mgr apt. Maintained buildings with newer boilers. Resurfaced silicone roof 545. 3 stage electric in 527. Full service commercial kitchen. Complete Full Coverage Security cameras. Bldgs master keyed. Numerous pkg spaces. Lg warehouse/garage shop area.Buildings can be purchased separately

Lots 17/18 adjacent to the west of this property are also for sale - in MLS. Lots to the East between this property and Gambell may be for sale by that owner (he says so). The whole block is potentially available.

Potential uses include rehab facility, assisted living, hotel or combination, office/warehouse. Previous uses were office/warehouse and hotel.
All FF&Es are negotiable.
Owner is retiring and ready to sell.

Essential Information
MLS® #16-11122
Price$4,000,000
Square Footage34,931
Acres0.74
Year Built1953
TypeCommercial Property
StyleSingle Use
StatusActive
Community Information
Address525 E 4th Avenue Through 601
Area5 - Downtown Anchorage
SubdivisionEast Addition L19-L23 B25A
CityAnchorage
StateAlaska
Zip Code99501
Amenities
Parking Spaces30
Features

3 Phase Electric, DSL/Cable Available, Fencing, Floor Drain(s), HW Heater - Gas, In City Limits, Living Quarters, On-Site Parking, Overhead Door(s), Restroom(s)-Handicap, Restroom(s)-Private, Sprinkler System, Other - See Remarks

Interior
HeatingBaseboard
# of Stories2
Exterior
ExteriorMasonry, Wood, Unknown - BTV
FoundationConcrete Block, Unknown - BTV
Roof

Bitumen/Torch Down, Hot Mop Asphalt, Other - See Remarks, Built-up/Tar Gravel

Construction

Block, Wood Frame, Unknown - BTV

Additional Information
Date ListedJuly 9th, 2016
Days on Market1164
Zoning

B2C - Central Business Periphery

Listing Details
Listing Office: RE/MAX Dynamic Properties
Property History
Price Reduced from $4,250,000 to $4,000,000
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Listing information last updated on September 16th, 2019 at 2:34am AKDT.

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