642 E 5th Avenue, Anchorage, AK 99501 (MLS# 25-1258)

642 E 5th Avenue, Anchorage, AK 99501

$3,200,000
Property Type: Commercial Sale Square Footage: 20,686 Lot Size (sq. ft.): 27,054 Status: Closed
Current Price: $3,200,000 Last Modified: 11/04/2025

Description

Well established motel sales in downtown location. Sales included building , 2 lots, restaurant, business. all fixtures, equipment Seller is constantly update the building and monitoring and sprinkler system update.

More Information MLS# 25-1258

Contract Info

EM Minimum Deposit: 100000 Foreclosure/Bank Own: No Price-List: 3200000 Date-Listing: 2025-02-08 Status: Closed

Location, Tax and Legal

Region: 1 - Southcentral Alaska Region Borough/Census Area: 1A - Anchorage Municipality Grid # (Muni Anch): SW1231 Tax Map #-Mat-Su: N/A Legal: East Addition L1A & L6B B16

Property Info

Realtor.com Type: Commercial Construction Status: Existing Structure Acres: 0.62 SF-Lot: 27054 Lot Area Source: Tax Authority Zoning: B2C - Central Business Periphery Floors: 3 Type of Property: Mixed Use SF-Res: 20686 Year Built: 1965

Directions and Remarks

Directions: Corner of 5th and Gamble

Building Info

Building Name: Econo Inn

Listing Terms Financing

Cash: 1 Conventional: 1

Heating

Baseboard: 1

Roof Type

Bitumen/Torch Down: 1

View Type

Mountains: 1

Flooring

Laminate: 1 Tile: 1 Ceramic: 1

Access

Maintained: 1

Sewer

Public Sewer: 1

Water Source

Public: 1

Features-Commercial

Corner Lot: 1 DSL/Cable Available: 1 Fire Sprinkler System: 1 Floor Drain(s): 1 HW Heater - Gas: 1 In City Limits: 1 Master Meter - Gas: 1 Restroom(s)-Handicap: 1 Restroom(s)-Private: 1

Documents

P & L: 1

Sold Info

Date-Pending: 2025-03-21 Date-Closing: 2025-11-04

Location Tax and Legal

Area: 5 - Downtown Anchorage Street #: 642 Directional: E Street Name: 5th Arterial: Avenue Closest USPS Town: Anchorage State: AK Zip Code: 99501

Property Features

Heating: Baseboard Roof Type: Bitumen/Torch Down Flooring: Laminate; Tile; Ceramic Sewer: Public Sewer Water Source: Public Features-Commercial: Corner Lot; DSL/Cable Available; Fire Sprinkler System; Floor Drain(s); HW Heater - Gas; In City Limits; Master Meter - Gas; Restroom(s)-Handicap; Restroom(s)-Private Access: Maintained View Type: Mountains Listing Terms Financing: Cash; Conventional Documents: P & L
Listing Office: RE/MAX Dynamic Properties
IDX
Last Updated: November - 04 - 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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