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Downtown Land
And Two Buildings

$440,000
Listed 5/12/99
Third and Second Avenues
(Sale Pending)

Here is prime downtown land in the heart of Anchorage. One of the oldest land parcels from the original town site, such opportunities are rarely seen in this market. Owned by the Landstrom family, the assemblage consists of an apartment building and an old house on one lot, a half-lot beside the house, and two city lots for additional parking across the alley.

Here's the view as a panorama, the left side looking west, the right side looking east. The camera is facing north, from the parking garage for the Anchorage Court House, just to the south. Click on each image to bring it up full-sized.

The land totals 22,500 square feet and is zoned B2C, a central business district classification. The apartment building was originally an office building in Chickaloon, was moved to this site in the 1930's. The house was originally a four-plex, built in 1917 at the time of the founding of Anchorage. There is a basement under it and a garage. It is currently configured as two apartments. There are seven apartments in the larger building, which totals 4800 square feet. The other building is 2484 square feet. Both are in poor repair, contain asbestos and numerous code violations. The price of this package reflects the condition of the improvements.

For a complete information package and architect's report, please contact the undersigned.

Further Images of the Property:  Click each thumbnail below for the full-sized photo.
(This map is about 58K but shows considerable detail)