3131

505 2nd Ave

Schedule a ShowingAnchorage, AK 99501
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505 2nd Ave
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Property Description

Anchorage Grand Hotel is the premiere boutique hotel in downtown Anchorage. With views of the Chugach Range, Cook Inlet,or city from every suite. Located next to the Saturday Market and one block from the Hilton. The Hotel is serviced with an elevator and a fire sprinkler system. Appraisal Completed in October 31st, 2017 reflecting a 9.5% Cap Rate. Property is truly a 10 out of 10 - appnt. only

Key Details

  • Price$3,250,000
  • Bedrooms31
  • Bathrooms31
  • Square Footage22,050
  • Acreage0.44
  • Year Built1950
  • MLS Listing ID #18-530
  • Listing Office: Jack White Real Estate

Location

  • Street Address505 2nd Ave
  • CityAnchorage
  • StateAK
  • ZIP/Postal Code99501
  • County
  • Community1a - Anchorage Municipality
  • Subarea5 - Downtown Anchorage
  • Elementary SchoolBtv-Undiscl By Ll
  • Middle SchoolBtv-Undiscl By Ll
  • High SchoolBtv-Undiscl By Ll

Building

  • Construction StatusExisting Structure
  • Construction TypeConcrete
  • FoundationPoured Concrete
  • Type of roofUnknown-BTV
  • SidingStucco
  • Total Building Square Footage22050
  • Total # of buildings1
  • Number of Units31.0
  • ViewCity Lights, Inlet, Mountains
  • Year Built1950
  • Year Renovated2000.00

Land

  • Lot square footage19198.00
  • Conforms to ZoningR4 - Multiple Family Residential

Systems

  • HeatingBaseboard, Radiant

Water

  • Water Body TypePublic

 

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