707 A Street, Anchorage

$2,600,000

0 Beds
0 Baths
20,424 Sqft
.48 Acres
0 Garages

Name this building after your company. Approx. 20,424 SF two-story office building with INCOME located downtown near Anchorage Museum, Federal Building, Federal Courthouse and bus stop. Amenities include, elevator, sprinklers, fire alarm, has private offices, classroom size rooms, open areas, 5-restrooms includes ADA, common area breakroom, front and rear handicap ramps, crawlspace, etc.21,000sf Lot, zoned B2B. 27 onsite parking spaces, additional street metered parking and pay lots nearby. Contemporary design remodel underway, completed renovations so far include Sept '18 installed new gas forced air Rooftop mounted penthouse multi-zoned HVAC unit (10-year warranty on heat exchangers & 5-year warranty on the compressor). Aug '18 installed new polyglass roof membrane with APOC Sunshield (ultra-violet heat protection - 12-year warranty). '18 New Exterior paint, exterior mounted building lights and restriped parking lot.
Renovations underway include new common area paint, carpet tile flooring in lobby, entrances, stairs and hallways. New vinyl flooring in restrooms and breakroom. New restroom solid surface countertops, sinks & faucets, new breakroom kitchenette, cabinets, solid surface countertops, sinks, faucets & appliances. New wall laminate and carpet tiles in Elevator. New maple common area doors and new door trim.
Currently have 1-Tenant leasing approximately 2,721 RSF and a 2nd tenant moving in 7/1/19 who will be leasing approximately 1,166 RSF. Income of approx. $6,625 monthly.

Also, available for Lease, rates start at $1.60prsf. Tenant improvements negotiable, amortized over lease term and added to the lease rate. Tenant pays own janitorial, telephone & internet. One on-site parking space allocated per 900 sf leased. 3-day a week light janitorial available for $.12 per square foot.

Listing Broker and Licensee have a financial interest in the subject property commonly known as 707 A Street, Anchorage, Alaska.

Essential Information
MLS® #19-1346
Price$2,600,000
Square Footage20,424
Acres0.48
Year Built1973
TypeCommercial Property
StyleSingle Use
StatusActive
Community Information
Address707 A Street
Area5 - Downtown Anchorage
SubdivisionOriginal L4 L5 L6 B109
CityAnchorage
StateAlaska
Zip Code99501
Amenities
Parking Spaces27
Features

DSL/Cable Available, In City Limits, Master Meter - Elec, Master Meter - Gas, On-Site Parking, Restroom(s)-Handicap, Restroom(s)-Private, Sprinkler System, Elevator, Corner Lot

Interior
HeatingForced Air
# of Stories2
Exterior
RoofOther - See Remarks
Additional Information
Date ListedFebruary 1st, 2019
Days on Market167
Zoning

B2B - Central Business Intermediate

Listing Details
Listing Office: Pacific Tower Properties, Inc.
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Listing information last updated on July 17th, 2019 at 10:49am AKDT.

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