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$1,500,000
25-9615 MLS
Situated in the vibrant heart of downtown Anchorage's tourist and transit corridor, 428 W. 4th Avenue presents a unique opportunity for retailers, galleries, or office users seeking visibility and a massive amount of foot traffic. This substantial, block-constructed building currently houses the Alaska Fur Gallery and offers flexible multi-level space suitable for a variety of uses. Key Features: " Size: ~17,100 SF across three levels " Location: Just 50 feet east of the 4th & E Street intersectionunmatched exposure in a high-traffic area " Structure: Sturdy block construction with poured concrete slab foundation " Levels: " Ground floor: Retail " Second floor: Retail " Third floor: Office " Full-size basement " Elevator shaft in place for easy retrofitting Building Upgrades: " Roof: 5,700 SF re-roofed with fully adhered EPDM membrane (2016, Center Marc Corporation) " Heating: $300,000 upgraded heating system (installed by True North Mechanical, 2024) " Windows: New caulking for improved efficiency " Fire & Safety: " Dedicated function fire alarm and sprinkler panel (Taylor Fire Protection Services, 2025) " Fire sprinkler upgrades (Cineplex Grenell, 2004) " Boiler: Recently replaced, no structural changes required " Electrical: " Full electrical retrofit (Raven Electric, 2003) " Service panel relocation & upgrade (MPC Energy Services, 2019) " Additional: Elevator shaft ready for install, flexible multi-use spaces, excellent storage in basement Location Advantages: " Surrounded by primary tourist destinations, dining, hotels, and transportation options " Unparalleled signage and frontage on one of Anchorage's busiest pedestrian corridors " Ideal for retail, gallery, restaurant, or creative office users looking for premium downtown real estate

428 W 4th Avenue, Anchorage

Listing Office Brandy Pennington Anchorage Real Estate

$668,900
2 Beds 2 Baths 25-5513 MLS
Introducing The Spur, the latest offering in the coveted Downtown Edge North development. Nestled in the heart of downtown Anchorage, this modern condo offers an exquisite blend of contemporary design and luxurious living. The open-concept great room is bathed in natural light, thanks to expansive floor-to-ceiling west-facing windows that seamlessly connect to a private concrete patio providing a perfect spot to soak in the outdoors while enjoying spectacular views. A full-height fireplace adds a touch of warmth and coziness to the great room, creating the perfect ambiance for relaxation or entertaining. The spacious kitchen is a true centerpiece, featuring a large island designed as an eat-up table, ideal for gatherings, and a custom pantry that provides plenty of storage. The upper-level master suite is designed for comfort and elegance, featuring a generously sized walk-in closet, a spa-like en suite bathroom, and breathtaking panoramic vistas of Sleeping Lady and the Alaska Range. Meanwhile, the lower level offers a thoughtfully placed guest suite, conveniently adjacent to the great room, ensuring privacy and ease for visitors. Every corner of The Spur showcases high-end finishes, with custom features and meticulous attention to detail throughout. As an added bonus, this condo qualifies for a program providing a 12-year partial tax exemption, making it an even more attractive investment opportunity. Construction is now complete, offering a unique opportunity to be part of Anchorage's hottest new development. All appliances, Mounted TV, and garage storage system included!

721 Station Lane Unit #A5, Anchorage

Listing Office Herrington and Company, LLC

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The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Real Estate Company are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Listing last updated:

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