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.
For sale
$2,350,000
409 W Northern Lights Blvd, Anchorage, AK 99503
10beds
14,200sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$165/sqft
$-- HOA
What's special
- 258 days
- on Zillow |
- 236 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: May 06, 2025 at 04:16pm
Listed by:
Andrew Ingram,
Jack White Commercial,
Brian G Endsley,
Jack White Commercial
Source: AKMLS,MLS#: 24-14671

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 12
- Full bathrooms: 10
Heating
- Baseboard
Features
- Has basement: No
Interior area
- Total structure area: 14,200
- Total interior livable area: 14,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Waterfront features: No Access, None
Lot
- Size: 0.74 Acres
Details
- Parcel number: 0090243100001
- Zoning: B3
- Zoning description: General Business
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Frame
- Foundation: Block, Slab
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Anchorage
Financial & listing details
- Price per square foot: $165/sqft
- Date on market: 12/5/2024
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