423 W 5th Avenue, & 425, Anchorage, AK 99501
$1,525,000
Property Type:
Commercial Sale
Square Footage:
10,950
Lot Size (sq. ft.):
9,750
Status:
Active
Current Price:
$1,525,000
Last Modified:
3/20/2026
Description
Downtown commercial sale with outstanding 5th Avenue placement. 2 parcels, 2 buildings, 1 occupied by Ginger and 1 vacant. This offers a unique scenario for both owners and occupants alike. In place cash flow from Ginger and high lease potential for the vacant space, or occupy the vacant space and keep low occupancy costs. Great area mix with 5th avenue mall, Club Paris and more!!
More Information MLS# 26-2699
Contract Info
Foreclosure/Bank Own: No
Price-List: 1525000
Date-Listing: 2026-03-20
Status: Active
Location, Tax and Legal
Region: 1 - Southcentral Alaska Region
Borough/Census Area: 1A - Anchorage Municipality
Grid # (Muni Anch): SW1230
Tax Map #-Mat-Su: N/A
Legal: BLK 43 LT 9 & 10 W25'
Property Info
Realtor.com Type: Commercial
Construction Status: Existing Structure
Building Status: Leased
% of Space Leased: 69
Acres: 0.22
SF-Lot: 9750
Lot Area Source: Owner
Zoning: B2A - Central Business Core
Type of Property: Single Use
SF-Res: 10950
Directions and Remarks
Directions: Across from 5th avenue mall. Ginger and space to the lookers right, used to be TJs Shirts.
Building Info
Building Name: Ginger / Vacant (Previous TJs Shirts)
Location Tax and Legal
Area: 5 - Downtown Anchorage
Street #: 423
Directional: W
Street Name: 5th
Arterial: Avenue
Street Addl Info: & 425
Closest USPS Town: Anchorage
State: AK
Zip Code: 99501
Listing Office:
Jack White Commercial
IDX
Last Updated: March - 20 - 2026
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.
