Pending

11221 Old Glenn Highway

Eagle River AK, 99577

$2,000,000


$287.77 per sqft

Pending

6,950 sqft

Commercial

Built in 1975

Listed by Gary W Petros with Jack White Commercial

This is the sale of the freestanding Brown Jug building in the heart of Eagle River. The building is 100% leased to Brown Jug till 11- 30, 2026 on a NNN lease with a 5 year option to renew. Seller will finance the with $300,000 DP, balance amortized over 25 years at 7% interest with balloon payment due in 15 years.

23-13040

MLS ID

October 27, 2023

Listed

May 10, 2024

Updated

Map

11221 Old Glenn Highway
Eagle River AK, 99577

Interior Features

Total Stories

1


Floor Description

Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.65 Acres


Roof

Shingle

Other Property Details

Area Name

1A - Anchorage Municipality


Taxes

$151


Tax Frequency

Annually


Garage

No


Parking

On Site


View

No


Pool

No


Zoning

CE-B-3


Buyer Agency Compensation

2%

Listing Contact:  

The IDX display contains information sourced from the Alaska Multiple Listing Service, Inc. (AK MLS) as of 5/10/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Alaska Multiple Listing Service, Inc. (AK MLS) all rights reserved.

Data last updated on 5/10/2024 at 8:00 PM UTC

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