409 W Northern Lights Boulevard, Anchorage AK 99503,Anchorage,AK,Residential Income

$ 2.4M
409 W Northern Lights Boulevard, Anchorage AK 99503,

Description

Excellent cash flow from long-term tenants at this AAA location mixed-use investment. The property includes retail, office, shop, and 2nd-floor residential units-newly remodeled with strong lease history and meticulous maintenance. Vacant lot included currently used for snow storage. Priced to sell at $2.35M (8.4% Cap Rate). Please don’ disturb tenants, see package attached. Financials available.

Address: 409 W Northern Lights Boulevard, Anchorage AK 99503
City:
Zip: 99503
Country: US

Property Id: 21943
Price: $ 2.4M
Property Size: 14,200 ft2
Property Lot Size: 1 ft2
Bedrooms: 10
Bathrooms: 12
Zoning: B3
CoveredSpaces: 2
FoundationDetails: Block,Slab
GarageSpaces: 2
Heating: Baseboard
ListingId: 24-14671
LotSizeArea: 32234.4
LotSizeSquareFeet: 32234.4
MlsStatus: Active
NumberOfBuildings: 3
NumberOfUnitsTotal: 11
ParcelNumber: 0090243100001
PhotosChangeTimestamp: 2025-05-06T23:02:01.773Z
PhotosCount: 17
Sewer: Public Sewer
StructureType: Apartment Style,Other - See Remarks
WaterSource: Public
YearBuilt: 1964
Zoning: B3
ZoningDescription: General Business

Other Features
Has Garage
Has Heating System

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