707 A Street, Anchorage, AK 99501 (MLS# 19-1346)

707 A Street, Anchorage, AK 99501

$2,600,000
Property Type: Commercial Sale Square Footage: 20,424 Lot Size (sq. ft.): 21,000 Status: Closed
Current Price: $2,600,000 Last Modified: 8/28/2024

Description

Name this building after your company. Approx. 20,424 SF two-story office building with INCOME located downtown near Anchorage Museum, Federal Building, Federal Courthouse and bus stop. Amenities include, elevator, sprinklers, fire alarm, has private offices, classroom size rooms, open areas, 5-restrooms includes ADA, common area breakroom, front and rear handicap ramps, crawlspace, etc.

Supplements: 21,000sf Lot, zoned B2B. 27 onsite parking spaces, additional street metered parking and pay lots nearby. Contemporary design remodel underway, completed renovations so far include Sept '18 installed new gas forced air Rooftop mounted penthouse multi-zoned HVAC unit (10-year warranty on heat exchangers & 5-year warranty on the compressor). Aug '18 installed new polyglass roof membrane with APOC Sunshield (ultra-violet heat protection - 12-year warranty). '18 New Exterior paint, exterior mounted building lights and restriped parking lot. Additional renovations include new common area paint, carpet tile flooring in lobby, entrances, stairs and hallways. New vinyl flooring in restrooms and breakroom. New restroom solid surface countertops, sinks & faucets, new breakroom kitchenette, cabinets, solid surface countertops, sinks, faucets & appliances. New wall laminate and carpet tiles in Elevator. New maple common area doors and new door trim. Currently have 4-Tenants leasing approximately 9,443 RSF suites with income of approx. $16,086 monthly. All leases have relocation clauses in them. Also, available for Lease -4 suites remaining, rates start at $1.60prsf. Tenant improvements negotiable, amortized over lease term and added to the lease rate. Tenant pays own janitorial, telephone & internet. One on-site parking space allocated per 900 sf leased. 3-day a week light janitorial available for $.12 per square foot. Listing Broker and Licensee have a financial interest in the subject property commonly known as 707 A Street, Anchorage, Alaska.

More Information MLS# 19-1346

Contract Info

EM Minimum Deposit: 30000 Foreclosure/Bank Own: No Price-List: 2600000 Date-Listing: 2019-01-31 Status: Closed

Location, Tax and Legal

Region: 1 - Southcentral Alaska Region Borough/Census Area: 1A - Anchorage Municipality Grid # (Muni Anch): SW1331 Tax Map #-Mat-Su: N/A Legal: Original L4 L5 L6 B109 Taxes (Estimated): 33000

Property Info

Realtor.com Type: Commercial Construction Status: Existing Structure Building Type: Class B % of Space Leased: 46 Acres: 0.48 SF-Lot: 21000 Lot Area Source: Tax Authority Zoning: B2B - Central Business Intermediate Floors: 2 Type of Property: Single Use SF-Res: 20424 Year Built: 1973

Directions and Remarks

Directions: Located on the SW corner of 7th Avenue and A Street. Onsite parking lot to the north of the building.

Building Info

Parking Space-Ttl #: 27 Building Name: You Name the Building

Listing Terms Financing

Cash: 1 Conventional: 1

Primary Space

Office: 1

Heating

Forced Air: 1 Natural Gas: 1

Roof Type

Other: 1

Access

Dedicated Road: 1 Government: 1 Maintained: 1 Paved: 1

Sewer

Public Sewer: 1

Office

Office Apx SF: 20424

Features-Commercial

Corner Lot: 1 DSL/Cable Available: 1 Elevator: 1 In City Limits: 1 Master Meter - Elec: 1 Master Meter - Gas: 1 On-Site Parking: 1 Restroom(s)-Handicap: 1 Restroom(s)-Private: 1 Fire Sprinkler System: 1

Documents

As-Built: 1 Docs Posted on MLS: 1 Floor Plan: 1

Sold Info

Date-Pending: 2021-10-25 Date-Closing: 2021-12-27

Location Tax and Legal

Area: 5 - Downtown Anchorage Street #: 707 Street Name: A Arterial: Street Closest USPS Town: Anchorage State: AK Zip Code: 99501

Property Features

Primary Space: Office Heating: Forced Air; Natural Gas Roof Type: Other Sewer: Public Sewer Features-Commercial: Corner Lot; DSL/Cable Available; Elevator; Fire Sprinkler System; In City Limits; Master Meter - Elec; Master Meter - Gas; On-Site Parking; Restroom(s)-Handicap; Restroom(s)-Private Access: Dedicated Road; Government; Maintained; Paved Listing Terms Financing: Cash; Conventional Documents: As-Built; Docs Posted on MLS; Floor Plan
Listing Office: Pacific Tower Properties
IDX
Last Updated: August - 28 - 2024
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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