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$1,525,000
75 Days On Site

423 W 5th Avenue
Anchorage, AK 99501

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
10,929
SqFt
$140
/SqFt
Listing courtesy of Andrew Ingram of Jack White Commercial
423 W 5th Avenue423 W 5th Avenue423 W 5th Avenue423 W 5th Avenue
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Monthly Payment (Est.)

$6,958
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$1,525,000
Days On Site 
75 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,929 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.22 Acres
Year Built 
N/A
MLS® Number 
26-2699
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.22
SqFt Total 
10929
Zoning 
B2A - Central Business Co
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Community Features
MLS Area 
1A - Anchorage Municipality

The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than eXp Realty, Inc. are marked with either the listing brokerage's logo or 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. Listing Information is updated daily. Copyright 2026 Alaska Multiple Listing Service, Inc. All Rights Reserved.
Last checked: 2026-06-03 11:38 PM UTC. Data Services Provided by Showcase IDX.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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