11221 Old Glenn Highway, Eagle River, AK 99577
$2,000,000
Property Type:
Commercial Sale
Square Footage:
6,950
Lot Size (sq. ft.):
28,400
Status:
Closed
Current Price:
$2,000,000
Last Modified:
8/28/2024
Overview
Description
This is the sale of the freestanding Brown Jug building in the heart of Eagle River. The building is 100% leased to Brown Jug till 11- 30, 2026 on a NNN lease with a 5 year option to renew. Seller will finance the with $300,000 DP, balance amortized over 25 years at 7% interest with balloon payment due in 15 years.
Listing Details MLS# 23-13040
Contract Info
- Price-List
- 2000000
- Date-Listing
- 2023-10-27
- Foreclosure/Bank Own
- No
Sold Info
- Date-Pending
- 2024-04-23
- Date-Closing
- 2024-06-03
Location Tax and Legal
- Area
- 90 - Eagle River
- Street #
- 11221
- Street Name
- Old Glenn
- Arterial
- Highway
- Closest USPS Town
- Eagle River
- State
- AK
- Zip Code
- 99577
Property Info
- Type of Property
- Single Use
- Realtor.com Type
- Commercial
- Construction Status
- Existing Structure
- Building Status
- Leased
- % of Space Leased
- 100
- Acres
- 0.65
- SF-Lot
- 28400
- Lot Area Source
- As Built
- SF-Res
- 6950
- Floors
- Yes
- Zoning
- CE-B-3 General Busines
- Year Built
- 1975
Directions and Remarks
- Directions
- 11221 Old Glenn Hwy.
Building Info
- Parking Space-Ttl #
- 36
- Building Name
- Brown Jug
More Information
Location, Tax and Legal
- Region
- 1 - Southcentral Alaska Region
- Borough/Census Area
- 1A - Anchorage Municipality
- Grid # (Muni Anch)
- NW0151
- Tax Map #-Mat-Su
- N/A
- Legal
- Robert Pippel Subdivision L2
- Taxes (Estimated)
- 151
Listing Terms Financing
- Owner Finance
- Yes
Primary Space
- Retail
- Yes
Exterior Finish
- Wood
- Yes
Heating
- Electric
- Yes
- Forced Air
- Yes
- Natural Gas
- Yes
Roof Type
- Shingle
- Yes
Construction Type
- Unknown
- Yes
Foundation
- Slab
- Yes
Flooring
- Tile
- Yes
Access
- Paved
- Yes
Features-Commercial
- On-Site Parking
- Yes
- Restroom(s)-Private
- Yes
- Separate Meter-Elec
- Yes
- Separate Meter-Gas
- Yes
Documents
- Lease
- Yes
Property Features
Primary Space:
Retail
Heating:
Electric; Forced Air; Natural Gas
Exterior Finish:
Wood
Construction Type:
Unknown
Foundation:
Slab
Roof Type:
Shingle
Flooring:
Tile
Features-Commercial:
On-Site Parking; Restroom(s)-Private; Separate Meter-Elec; Separate Meter-Gas
Access:
Paved
Listing Terms Financing:
Owner Finance
Documents:
Lease
Listing Office:
Jack White Commercial
IDX
Last Updated: August - 28 - 2024
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.
