720 W 5th Avenue, Anchorage, AK 99501
$28,000,000
Property Type:
Commercial Sale
Square Footage:
125,629
Lot Size (sq. ft.):
26,650
Status:
Closed
Current Price:
$28,000,000
Last Modified:
11/25/2025
Overview
Description
200 Room high rise hotel in Downtown Anchorage. Exceptional opportunity to overcome barriers to entry in a prime downtown Anchorage location.
Listing Details MLS# 24-3529
Contract Info
- Price-List
- 28000000
- Date-Listing
- 2024-04-05
- Foreclosure/Bank Own
- No
Sold Info
- Date-Pending
- 2025-07-11
- Date-Closing
- 2025-10-24
Location Tax and Legal
- Area
- 5 - Downtown Anchorage
- Street #
- 720
- Directional
- W
- Street Name
- 5th
- Arterial
- Avenue
- Closest USPS Town
- Anchorage
- State
- AK
- Zip Code
- 99501
Property Info
- Type of Property
- Single Use
- Realtor.com Type
- Commercial
- Construction Status
- Existing Structure
- Acres
- 0.61
- SF-Lot
- 26650
- Lot Area Source
- Tax Authority
- SF-Res
- 125629
- Zoning
- B2B - Central Business Intermediate
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 L1A, L3-5 B53
Documents
- Package Available
- Yes
More Information
Property Features
Documents:
Package Available
Listing Office:
Jack White Commercial
IDX
Last Updated: November - 25 - 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.
