$1,500,000

428 W 4th Avenue, Anchorage, AK 99501

  • MLS#: 25-9615
  • Status: Active
  • Days on Market: 142

  • Beds: 0
  • Baths: 0
  • 16,856 sq.ft.
  • Year Built: N/A
  • 0.15 acres
  • Garage/Carport: 0 / 0

Property Details

Situated in the vibrant heart of downtown Anchorage's tourist and transit corridor, 428 W. 4th Avenue presents a unique opportunity for retailers, galleries, or office users seeking visibility and a massive amount of foot traffic. This substantial, block-constructed building currently houses the Alaska Fur Gallery and offers flexible multi-level space suitable for a variety of uses.

Key Features: " Size: ~17,100 SF across three levels " Location: Just 50 feet east of the 4th & E Street intersectionunmatched exposure in a high-traffic area " Structure: Sturdy block construction with poured concrete slab foundation " Levels: " Ground floor: Retail " Second floor: Retail " Third floor: Office " Full-size basement " Elevator shaft in place for easy retrofitting Building Upgrades: " Roof: 5,700 SF re-roofed with fully adhered EPDM membrane (2016, Center Marc Corporation) " Heating: $300,000 upgraded heating system (installed by True North Mechanical, 2024) " Windows: New caulking for improved efficiency " Fire & Safety: " Dedicated function fire alarm and sprinkler panel (Taylor Fire Protection Services, 2025) " Fire sprinkler upgrades (Cineplex Grenell, 2004) " Boiler: Recently replaced, no structural changes required " Electrical: " Full electrical retrofit (Raven Electric, 2003) " Service panel relocation & upgrade (MPC Energy Services, 2019) " Additional: Elevator shaft ready for install, flexible multi-use spaces, excellent storage in basement Location Advantages: " Surrounded by primary tourist destinations, dining, hotels, and transportation options " Unparalleled signage and frontage on one of Anchorage's busiest pedestrian corridors " Ideal for retail, gallery, restaurant, or creative office users looking for premium downtown real estate

More Details

  • Property Type:
  • Lot Size:
  • Construction Status:
  • Neighborhood:
  • Foreclosure:
  • Zoning:
  • GPS (Lat/Long):
  • Commercial  
  • 6,500 sq.ft.  
  • Existing Structure 
  • 1A - Anchorage Municipality 
  • No 
  • B2A - Central Business Core 
  • 61.2183, -149.891 

Listing Office

Brandy Pennington Anchorage Real Estate

Location