401 W 54th Avenue, Anchorage, AK 99518 (MLS# 24-6128)

401 W 54th Avenue, Anchorage, AK 99518

$1,300,000
Property Type: Commercial Sale Square Footage: 6,400 Lot Size (sq. ft.): 44,050 Status: Closed
Current Price: $1,300,000 Last Modified: 4/17/2025

Overview

Description

Owner financing is available with 30% down. This auto shop (L&M Motors) is now available for purchase as part of a retirement sale. Situated in midtown at the end of a cul-de-sac, features a fully fenced lot that can park 80-100 cars with 2-14x20 doors. The sale includes the building, business, and all furniture, fixtures, and equipment (FF&E), providing a turnkey opportunity for buyers

Listing Details MLS# 24-6128

Contract Info

Price-List
1300000
Date-Listing
2024-05-28
EM Minimum Deposit
13000
Foreclosure/Bank Own
No

Sold Info

Date-Pending
2025-01-04
Date-Closing
2025-04-16

Location Tax and Legal

Area
15 - W Tudor Rd - Dimond Blvd
Street #
401
Directional
W
Street Name
54th
Arterial
Avenue
Closest USPS Town
Anchorage
State
AK
Zip Code
99518

Property Info

Type of Property
Single Use
Realtor.com Type
Commercial
Construction Status
Existing Structure
Acres
1.01
SF-Lot
44050
Lot Area Source
Tax Authority
SF-Res
6400
Zoning
I1 - Light Industrial
Year Built
1969

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1930
Tax Map #-Mat-Su
N/A
Legal
Campbell Park Acres L27

Listing Terms Financing

Cash
Yes
Conventional
Yes
Owner Finance
Yes

More Information

Primary Space

Industrial
Yes
Warehouse/Shop
Yes

Property Features

Primary Space: Industrial; Warehouse/Shop Listing Terms Financing: Cash; Conventional; Owner Finance
Listing Office: KW Regal North Commercial
IDX
Last Updated: April - 17 - 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.

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