Active

12940 Old Glenn Highway

Eagle River AK, 99577

$3,999,995


$301.95 per sqft

Active

13,247 sqft

Commercial

Built in 2021

Listed by Scott Myers with RE/MAX Dynamic Properties - Eagle River Branch

A rare opportunity to own one of Eagle River's newest commercial buildings on the Old Glenn Highway with maximum exposure of over 18,200 cars per day. Monument sign with full color LED message center. Fully leased with busy restaurant on the entire first floor, office suites on the second floor. Handicap access with Genesis Vertical Lift Elevator. Total square footage includes unfinished basementused for restaurant and tenant storage. Long term tenants, building is always 100% leased. Upper level boasts 13+ offices, large conference rooms, receptions areas, 3 bathrooms, kitchenette, janitors closets and additional storage closets. DO NOT DISTURB TENANTS.

24-1831

MLS ID

February 26, 2024

Listed

May 10, 2024

Updated

Map

12940 Old Glenn Highway
Eagle River AK, 99577

Interior Features

Total Stories

2


Appliances

Gas Water Heater


Floor Description

Carpet, Heavy Duty, Concrete, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Forced Air

Exterior/Building Features

Lot Size

0.81 Acres


Lot Features

Corner Lot, City Lot


Roof

Asphalt, Composition, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

1A - Anchorage Municipality


Garage

No


Parking

On Site


View

Yes


View Description

Mountain(s), Territorial


Water Source

Public


Pool

No


Zoning

CE-B-3


Buyer Agency Compensation

2.5%

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 8:01 PM UTC

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