627 W 3rd Avenue, Anchorage, AK 99501
$672,000
Property Type:
Commercial Sale
Square Footage:
2,140
Lot Size (sq. ft.):
5,262
Status:
Active
Current Price:
$672,000
Last Modified:
4/16/2026
Overview
Description
Supplements: ... (Read more) making it ideal for restaurants, hospitality, event spaces, or multi-tenant use. The flexible layout allows for a variety of business concepts or a live/work conversion with income-producing potential. Enjoy stunning views of Cook Inlet, creating a unique and memorable setting for customers, guests, or tenants. The property also includes a rear deck area with room for expansion, offering the ability to enhance outdoor seating, entertainment space, or future development (subject to approvals).
Listing Details MLS# 26-3371
Contract Info
- Price-List
- 672000
- Date-Listing
- 2026-04-04
- EM Minimum Deposit
- 6500
- Foreclosure/Bank Own
- No
Location Tax and Legal
- Area
- 5 - Downtown Anchorage
- Street #
- 627
- Directional
- W
- Street Name
- 3rd
- Arterial
- Avenue
- Closest USPS Town
- Anchorage
- State
- AK
- Zip Code
- 99501
Property Info
- Type of Property
- Mixed Use
- Building Type
- Class C
- Realtor.com Type
- Commercial
- Construction Status
- Existing Structure
- Building Status
- Vacant
- Acres
- 0.12
- SF-Lot
- 5262
- Lot Area Source
- Tax Authority
- SF-Res
- 2140
- Floors
- 3
- Zoning
- B2C - Central Business Periphery
- Year Built
- 1960
- % of Space Leased
- 0
Directions and Remarks
- Directions
- Downtown Anchorage on the N side of 3rd Avenue between F & G Streets
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
- Original L20 B16 E48'
- Taxes (Estimated)
- 9000
- Tax Year
- 2025
Listing Terms Financing
- Cash
- Yes
- Conventional
- Yes
More Information
Primary Space
- Hospitality
- Yes
- Office/Retail
- Yes
- Retail
- Yes
Secondary Space
- Office/Retail
- Yes
- Retail
- Yes
Exterior Finish
- Wood
- Yes
Heating
- Baseboard
- Yes
Roof Type
- Asphalt
- Yes
- Composition
- Yes
- Shingle
- Yes
Construction Type
- Wood Frame
- Yes
View Type
- Inlet
- Yes
- Mountains
- Yes
Foundation
- Unknown - BTV
- Yes
Flooring
- Other
- Yes
Walls
- Sheetrock
- Yes
Access
- Dedicated Road
- Yes
- Maintained
- Yes
- Paved
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Features-Commercial
- DSL/Cable Available
- Yes
- In City Limits
- Yes
- Master Meter - Gas
- Yes
- On-Site Parking
- Yes
- Restroom(s)-Private
- Yes
- Stand Alone Unit
- Yes
Property Features
Primary Space:
Hospitality; Office/Retail; Retail
Secondary Space:
Office/Retail; Retail
Heating:
Baseboard
Exterior Finish:
Wood
Construction Type:
Wood Frame
Foundation:
Unknown - BTV
Roof Type:
Asphalt; Composition; Shingle
Flooring:
Other
Walls:
Sheetrock
Sewer:
Public Sewer
Water Source:
Public
Features-Commercial:
DSL/Cable Available; In City Limits; Master Meter - Gas; On-Site Parking; Restroom(s)-Private; Stand Alone Unit
Access:
Dedicated Road; Maintained; Paved
View Type:
Inlet; Mountains
Listing Terms Financing:
Cash; Conventional
Documents
Listing Office:
Real Broker Alaska
IDX
Last Updated: April - 16 - 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.
As-Built ›