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$1,499,000
26-2966 MLS
Spenard mixed-use opportunity with income potential, rare parking, and a penthouse with mountain views. 1068 W Fireweed Lane is a 4-story building offering high visibility, strong accessibility, and a flexible layout for owner-users or investors. The property includes 7,705 SF of retail across two floors, a 4,300 SF basement ideal for storage, and a 1,848 SF penthouse with private balcony and expansive views. The penthouse previously generated ~$2,000/month and now presents a value-add opportunity ready for renovation. An elevator services the building, and the large on-site parking lot is a standout feature in the Spenard/Midtown area. Surrounded by a strong mix of businesses and residential density, this is a strategic opportunity with immediate usability and long-term upside.

1068 W Fireweed Lane, Anchorage

Listing Office RMG Real Estate

$209,000
26-2798 MLS
Discover the ideal setting for your custom dream home in this quiet cul-de-sac just off Rabbit Creek Rd for convenient access to nearby schools, shopping & everything Anchorage offers. This generous 1.48-acre (64,547 SF) homesite provides the space, privacy & scenery you need to design a home that truly fits your vision. Enjoy stunning inlet & mountain views, underground utilities, no HOA only a modest annual $225 fee for road maintenance that includes plowing & sanding, you'll have the freedom to build while still benefiting from essential services. Municipality-approved locations for the well and septic systems are already established, helping streamline the building process. Bring your plans and creativity this remarkable lot is ready for your custom home.

L5 Snow Flake Circle, Anchorage

Listing Office The Agency Anchorage

$1,425,000
26-2699 MLS Ginger / Vacant (Previous TJs Shirts) BLDG.
Rare downtown Anchorage investment directly across West 5th Avenue from the 5th Avenue Mall. Two attached buildings, 10,929 SF on 9,750 SF of B-2A land. 425 W 5th (±5,979 SF) is home to Ginger, an Anchorage dining institution since 2006; 423 W 5th (±4,950 SF) is vacant with immediate lease-up upside. Roof and HVAC replaced, no parking requirement. Under 7% in place, 12%+ stabilized pro-forma 423 & 425 West 5th Avenue. Two attached concrete-block buildings joined by a common rear hallway, with 75 feet of West 5th Avenue frontage and rear alley access on 9,750 SF (0.22 AC). Zoned B-2A, Central Business District Core; no on-site parking required. Built in the 1950s, with the Ginger space extensively renovated in 2006 and 2010. Roof and HVAC systems have been replaced. ANCHOR: Ginger has operated at 425 W 5th since 2006, serving Pacific Rim cuisine from a purpose-built restaurant, bar and private dining room. Rated 4.4 stars across 658 TripAdvisor reviews, ranked #7 of 665 Anchorage restaurants, and a Travelers' Choice award winner. Tenant-funded build-out includes a full commercial kitchen. UPSIDE: 423 W 5th (±4,950 SF) is vacant with excellent storefront visibility and an open floor plan, suited to lease-up or owner occupancy. Modest capital improvements and a lease at a conservative downtown rate take the stabilized return above 12%. LOCATION: Directly opposite the Simon 5th Avenue Mall and JCPenney, with Club Paris next door and the Egan Center, Dena'ina Center, Performing Arts Center, Town Square, Anchorage Museum and downtown hotel cluster within two blocks. Approximately 10,000 vehicles per day on West 5th Avenue. Offering memorandum, lease, expense history and stabilized underwriting available to qualified buyers under a confidentiality agreement. Please do not contact or disturb the tenant.

423 W 5th Avenue & 425, Anchorage

Listing Office Jack White Commercial

$229,000
26-2485 MLS
Build Your Hillside Masterpiece: 2 Acres of Privacy & Convenience! Experience the perfect blend of secluded Alaskan beauty and modern accessibility. Nestled off De Armoun Road on a quiet, mid-hillside well-maintained lane, this rare 2-acre property is surrounded by custom estates and mature trees. With two legal lots, you get the best of both worlds: a buildable front lot ready for development (2020 perc completed) and a second lot serving as a lush, natural wetland buffer for permanent privacy. Ready to go: Gas, electric, and community well nearby. Prime Location: Minutes from top-rated schools and trail systems, yet feels worlds away. Don't miss one of the last great opportunities in South Anchorage's most sought-after neighborhood.

000 Von Scheben Drive, Anchorage

Listing Office CAMALASKA Real Estate Services

$325,000
26-2133 MLS
Stunning Buildable Lot in Prominence Pointe - Anchorage, AK Welcome to Prominence Pointe, one of South Anchorage's most desirable hillside neighborhoods. This 0.57-acre vacant lot is a rare opportunity to build your dream home surrounded by upscale properties, natural beauty, and breathtaking views of the mountains and water. Gently sloped and ready for development, the lot offers the ideal setting for a custom build with room for spacious living and outdoor enjoyment. With public utilities available and paved road access, you'll enjoy both convenience and serenity just minutes from hiking trails, schools, and city amenities. Don't miss your chance to create something truly special in this beautiful Anchorage location.

000 Prominence Pointe Drive, Anchorage

Listing Office Real Broker Alaska

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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: