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535 W 3rd Ave 6,994 SF Retail Building Anchorage, AK 99501 $1,200,000 ($171.58/SF)

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INVESTMENT HIGHLIGHTS

  • Built in 1953, the building spans 6,994 square feet on a 6,946 SF lot
  • Zoned B2C – Central Business Periphery

EXECUTIVE SUMMARY

Spectacular piece of property with a configuration of a former historical nightclub/bar/restaurant with great reputation for food, dancing and an enjoyable evening of fun. Formerly the ''Woodshed''. One of the best downtown restaurants & bars to hang out after work or evenings. 2 full bars, outdoor deck and . Cabaret downstairs, Upstairs used as office.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,994 SF
Building Class
C
Year Built
1953
Price
$1,200,000
Price Per SF
$171.58
Tenancy
Single
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.16 AC
Zoning
B2C - Central Business Periphery
Parking
5 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
67’ on 3rd Ave
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (70)
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

First National Bank of Alaska
Sullivan's Steakhouse
Benihana

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00210708000
Land Assessment
$467,600
Improvements Assessment
$414,900
Total Assessment
$882,500
  • Listing ID: 38059473

  • Date on Market: 10/13/2025

  • Last Updated:

  • Address: 535 W 3rd Ave, Anchorage, AK 99501

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