$672,000

627 W 3rd Avenue, Anchorage, AK 99501

  • MLS#: 26-3371
  • Status: Active
  • Days on Market: 49

  • Beds: 0
  • Baths: 0
  • 2,140 sq.ft.
  • Year Built: 1960
  • 0.12 acres
  • Garage/Carport: 0 / 0

Property Details

Downtown Anchorage Opportunity | Prime Location + Expansion Potential Positioned in the heart of downtown Anchorage, this well-located commercial building offers a unique opportunity to acquire a versatile property with exceptional visibility, views, and upside potential. This three-level building features two full kitchens--one on the main floor and another on the lower level

making it ideal for restaurants, hospitality, event spaces, or multi-tenant use. The flexible layout allows for a variety of business concepts or a live/work conversion with income-producing potential. Enjoy stunning views of Cook Inlet, creating a unique and memorable setting for customers, guests, or tenants. The property also includes a rear deck area with room for expansion, offering the ability to enhance outdoor seating, entertainment space, or future development (subject to approvals).

Property Features

DSLCable Available, In City Limits, Master Meter - Gas, On-Site Parking, Restroom(s)-Private, Stand Alone Unit

More Details

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  • Commercial  
  • 5,262 sq.ft.  
  • Baseboard 
  • Composition, Shingle, Asphalt 
  • Public Sewer 
  • Inlet, Mountains 
  • Existing Structure 
  • 1A - Anchorage Municipality 
  • No 
  • B2C - Central Business Periphery 
  • 61.2198, -149.895 

Listing Office

Real Broker Alaska

Location