For Sale $1,950,000 1.84 acre paved lot zoned I-1 4,700 sf warehouse 3,776 sf office 2,160 sf metal equipment shed Bob Martin, CCIM Broker Ravenwood Real Estate 907-229-8681 bob@ravenwoodrealestate.com 10520 Old Eagle River Road Eagle River, Alaska 99577-8040
EXECUTIVE SUMMARY The subject properties consist of two lots zoned for industrial use in Anchorage s popular King Street industrial district. The improvements include a 3,776 square foot (sf) office building, a 4,700 sf warehouse and a 2,160 sf metal equipment shed. There is also a 640 sf shed (which was not included in the total square footage below). The rest of the area not used for parking has been used as a lay-down yard and is paved. The yard area is predominantly flat, well graded and has two access points out onto 92nd Avenue. The entire complex is encircled by a cyclone fence. The office building is currently occupied by a tenant whose lease expires July 31, 2019. Contact the listing agent for additional lease information The warehouse building is currently vacant and is in good condition. It is configured with approximately 2,500 sf of warehouse, 1,100 sf of office and 1,100 sf of mezzanine (directly over the office). It has two 14 wide by 16 high overhead doors and the ceiling is 20 off the floor (at the lowest point). The metal shed has a 16 wide by 13 high overhead door. There is a sewer lift station along the south side of Lot 6 and a storm drain in the southeast corner of Lot 7. Address:, Legal Description: King Subdivision Block 1 Lots 6 & 7 Owner: Lawrence B Stone Properties Price: $1,950,000.00 Building Sizes: (Per Municipality of Anchorage tax records) Office building: 3,776 sf Warehouse building: 4,700 sf Metal shed: 2,160 sf Total buildings: 10,636 sf Lot sizes: Zoning: 80,100 square feet (1.84 acres) I-1 (light industrial district) MOA Tax IDs: 012-325-07 and 012-325-08 Bob Martin, CCIM Broker Ravenwood Real Estate 907-229-8681 bob@ravenwoodrealestate.com 10520 Old Eagle River Road Eagle River, Alaska 99577-8040
LOCATION C Street King Street 92nd Avenue
SITE AERIAL Undated
PHOTOS
PHOTOS Office
PHOTOS Warehouse
PHOTOS Warehouse
PHOTOS Metal Equipment Shed
PHOTOS Yard and Covered Shed
GRID MAP
PLAT MAP Plat 67-135 Anchorage Recording District
AS-BUILT 92nd Avenue Surveyed Sept. 7, 2014
SITE PLAN
BUILDING DRAWINGS Office Building 1st floor 2nd floor
BUILDING DRAWINGS Warehouse 1st floor 2nd floor
TAX INFORMATION Lot 6 (page 1)
TAX INFORMATION Lot 6 (page 2)
TAX INFORMATION Lot 7
ZONING SUBJECT
DISCLAIMER Ravenwood Real Estate does not know if the attached information is accurate and it does not guarantee this information. Potential purchasers are strongly encouraged to consult professional engineers, attorneys, accountants, and/or other experts regarding the accuracy and veracity of this information. Recipients of this information should consult with the Broker regarding licensee disclosures prior to discussing the property with the Broker. Ravenwood Real Estate represents the Owner. Ravenwood Real Estate and the Owner make no representations regarding the possible value or usability of the properties. The properties are offered As-is, Where-is with no representation as to fitness or use, implied or given. The properties contained herein are subject to prior offer and sale, price changes, and/or withdrawal from the market without notices and no suggestion of marketability or availability is given or implied. Bob Martin, CCIM Broker Ravenwood Real Estate 907-229-8681 bob@ravenwoodrealestate.com 10520 Old Eagle River Road Eagle River, Alaska 99577-8040