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3400 Arctic Blvd 10,510 SF 62% Leased Retail Building Anchorage, AK 99503 $1,650,000 ($156.99/SF)

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EXECUTIVE SUMMARY

Great Midtown mixed-use building on Arctic with multiple tenants, a vacant restaurant space and ample parking.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,510 SF
Building Class
C
Year Built
1970
Price
$1,650,000
Price Per SF
$156.99
Percent Leased
62%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.62 AC
Opportunity Zone
Yes
Zoning
B3 - General Business
Parking
39 Spaces (3.71 Spaces per 1,000 SF Leased)
Frontage
140’ on Arctic Boulevard

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 4,045 SF
  • Retail
  • -
  • Now

Former KOBE restaurant, great location in Midtown with ample on-site parking behind the building. Owner is making improvements and is willing to sell some of the kitchen equipment separately. Actual year built is unknown. Great opportunity for another restaurant.

Space Size Space Use Position Available
1st Floor 4,045 SF Retail - Now

1st Floor

Size
4,045 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 4,045 SF
Space Use Retail
Position -
Available Now

Former KOBE restaurant, great location in Midtown with ample on-site parking behind the building. Owner is making improvements and is willing to sell some of the kitchen equipment separately. Actual year built is unknown. Great opportunity for another restaurant.

Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Charles Schwab
Outback Steakhouse
Global Credit Union
First National Bank Alaska
KeyBank
Buffalo Wild Wings
Wells Fargo Home Mortgage
Starbucks
Carrs
Blimpie

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 01010621000
  • 01010653000
  • 01010604000
  • 01010622000
Land Assessment
$463,200
Improvements Assessment
$1,099,600
Total Assessment
$1,562,800
  • Listing ID: 37460518

  • Date on Market: 8/28/2025

  • Last Updated:

  • Address: 3400 Arctic Blvd, Anchorage, AK 99503

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