123 E Fireweed Lane

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123 E Fireweed Lane

Anchorage, AK 99503
Asking Price
$1.55M
Asset Type
Restaurant Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 123 E Fireweed Lane in Midtown Anchorage
  • Building spans 16,200 square feet of interior space
  • Currently configured as an office property for sale
  • Flexible zoning supports potential restaurant conversion usage
  • Offered at an asking price of 1,550,000 dollars

What's Special

This 16,200 square foot office building sits in the Midtown Anchorage area, a central hub for commerce and professional services in Alaska. The facility currently operates under an office designation but carries the versatility to accommodate restaurant conversion, providing significant utility for investors seeking to capture value in this established urban corridor. Anchorage maintains a resilient economy driven by logistics, resource development, and tourism, ensuring consistent demand for centrally located commercial assets. Positioned with easy access to major arterial routes, the property serves as a strategic location for businesses targeting the regional workforce. Investors may consider reconfiguring the interior to suit professional suites, creative office space, or dining concepts tailored to the local market. The surrounding infrastructure supports high levels of activity, making this site a practical acquisition for those looking to expand or diversify their portfolio in the Pacific Northwest and Arctic region.

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NOI
$80,000
Cap Rate
5.16%
DSCR
0.87
Underwater
Cash-on-Cash
-2.59%
Monthly Payment
$7,668.554
Annual Cash Flow
$-12,022.651

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