3020 Minnesota Drive, Anchorage, AK 99503
$8,492,000
Property Type:
Commercial Sale
Square Footage:
66,681
Lot Size (sq. ft.):
186,872
Status:
Active
Current Price:
$8,492,000
Last Modified:
7/03/2025
Description
Sale includes 3020 & 3000 Minnesota Drive. Large 1-story shopping center with stand alone restaurant building, lots of parking. Long term tenants. PRIME location on the corner of Minnesota & Northern Lights. Large vacancy within shopping center, offering a huge value-add opportunity. Financials and appraisal available with NDA. Please do not disturb tenants.
More Information MLS# 25-6865
Contract Info
EM Minimum Deposit: 75000
Foreclosure/Bank Own: No
Price-List: 8492000
Date-Listing: 2025-06-06
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1628
Tax Map #-Mat-Su: N/A
Legal: Minnesota Commons B1A
Taxes (Estimated): 85576
Tax Year: 2025
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
% of Space Leased: 78.4
Acres: 4.29
SF-Lot: 186872.4
Lot Area Source: Other
Zoning: B3 - General Business
Floors: 1
Type of Property: Single Use
SF-Res: 66681
Year Built: 1977
Directions and Remarks
Directions: Heading North on Minnesota from downtown cross over Benson, then cross over Northern Lights- property is located on the corner of Minnesota and Northern Lights Blvd.
Listing Terms Financing
1031 Exchange: 1
Cash: 1
Conventional: 1
Primary Space
Retail: 1
Exterior Finish
Masonry: 1
Stucco: 1
Roof Type
Built-Up: 1
Composition: 1
Foundation
Poured Concrete: 1
Access
Paved: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Documents
Appraisal: 1
As-Built: 1
Lease: 1
P & L: 1
Package Available: 1
Location Tax and Legal
Area: 10 - Spenard
Street #: 3020
Street Name: Minnesota
Arterial: Drive
Closest USPS Town: Anchorage
State: AK
Zip Code: 99503
Property Features
Primary Space: Retail
Exterior Finish: Masonry; Stucco
Foundation: Poured Concrete
Roof Type: Built-Up; Composition
Sewer: Public Sewer
Water Source: Public
Access: Paved
Listing Terms Financing: 1031 Exchange; Cash; Conventional
Documents: Appraisal; As-Built; Lease; P & L; Package Available
Documents
NDA ›
Listing Office:
GTK Real Estate
IDX
Last Updated: July - 03 - 2025
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.
