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525 E 4th Avenue, through 601, Anchorage, AK 99501 (MLS# 16-11122)


$4,250,000
525 E 4th Avenue, through 601
Anchorage, AK 99501
MLS# 16-11122
34931 sqft


Aerial Photo
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Aerial Photo Aerial Photo Commercial kitchen Comercial kitchen Common area Common area Common area Common area newer boilers in 545 newer boilers in 545 9 ft door to large warehouse/garage/shop area Office area newer boilers 525 newer boilers 525 3 phase electric in 525 Common Entry common kitchen area Common Laundry 525 E 4th Avenue, through 601, Anchorage, AK 99501 Common kitchen Common Laundry apartment kitchen apartment living room 525 E 4th Avenue, through 601, Anchorage, AK 99501 525 E 4th Avenue, through 601, Anchorage, AK 99501 525 E 4th Avenue, through 601, Anchorage, AK 99501 525 E 4th Avenue, through 601, Anchorage, AK 99501 525 E 4th Avenue, through 601, Anchorage, AK 99501 525 E 4th Avenue, through 601, Anchorage, AK 99501 525 E 4th Avenue, through 601, Anchorage, AK 99501 525 E 4th Avenue, through 601, Anchorage, AK 99501 525 E. 4th 525 E. 4th - west parking lot west end of buildings west end 527 e. 4th between the buildings between the buildings 545 E. 4th East end of building - parking lot. East parking lot. 545 E. 4th Ave East end of buildings between the buildings from the rear 525 E 4th Avenue, through 601, Anchorage, AK 99501 rear of buildings looking east rear of buildings looking east between the buildings from the rear east of of buildings from the rear east end of buildings from the alley east end of buildings from the alley

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

Details
Maps
Documents
Contract Info
Price-List: 4250000
Status: Active
EM Minimum Deposit: 40000
Foreclosure/Bank Own: No
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Area: 5 - Downtown Anchorage
Street #: 525
Directional: E
Street Name: 4th
Arterial: Avenue
Street Addl Info: through 601
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Grid # (Muni Anch): SW1231
Tax Map #-Mat-Su: N/A
Taxes (Estimated): 53490.5
Tax Year: 2016
Legal: East Addition L19-L23 B25A
Property Info
Type of Property: Single Use
Realtor.com Type: Commercial
Construction Status: Existing Structure
Acres: 0.74
SF-Lot: 32318
SF-Res: 34931
Floors: 2
Zoning: B2C - Central Business
Year Built: 1953
Directions and Remarks
Directions: North side of E. 4th Ave between Eagle and Gambell
Building Info
Parking Space-Ttl #: 30
Building Name: Henry House
Value/Income/Expense
Total Assessed Value: 3451000
Office
Office Apx SF: 1000
Warehouse/Shop
SF-Whs Apx: 3200
Whs-# Grd Lvl Doors: 2
Whs-Grd Lvl Door Sz: 9 ft & 20 ft
Property Features
Primary Space: Office/Warehouse; Warehouse/Shop; Hospitality
Secondary Space: Office; Office/Retail; Office/Warehouse; Warehouse/Shop
Heat Type: Baseboard
Fuel Type: Natural Gas
Exterior Finish: Masonry; Wood; Unknown - BTV
Construction Type: Block; Wood Frame; Unknown
Foundation: Block; Unknown - BTV
Roof Type: Bitumen/Torch Down; Built-up/Tar Gravel; Rolled/Hot Mop; Other
Flooring Type: Carpet; Tile; Unknown - BTV
Walls: Sheetrock
Sewer: Public Sewer
Water: Public
Features-Commercial: 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
Access: Dedicated Road; Maintained; Paved
New Finance (Terms): AHFC; Cash; Conventional; Owner Finance; Qualifying Assumptn; Other - See Remarks
Documents: As-Built; Docs Posted on MLS; Floor Plan
Supplements
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.

Listing Office: RE/MAX Dynamic Properties

Last Updated: December - 05 - 2018

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.

Monday 10th of December 2018 03:47 AM