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$672,000

Active

627 W 3rd Avenue

Anchorage AK 99501

Original

Real Broker Alaska

Bathrooms

2,140

Sq Ft

1960

Year Built

$314/sqft0.12 acres lot

MLS# 26-3709· Listed Apr 11, 2026

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About This Property

Zoned Commercial, 3 story building with two kitchens, one downstairs and one on main level. Lots of upgrades to electrical and plumbing. Interior has been updated with new flooring, paint, and fixtures. See MLS #26-3371 for more information. I see an upscale coffee sandwich soup pastry shop here. The tourists are arriving!

Documents & insights

6 documents from current & prior listings · parcel #0021071200001.

AI Summary

Summary of 6 documents from this property's current and prior listings. 0 items worth reviewing, plus 55 additional facts captured.

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The seller has performed numerous updates and repairs to the property, including leveling floors, installing new cabinetry and windows, and completing electrical repairs.

“Items Updated/Upgraded/Repaired by Seller Floors Leveled New Water-Resistant Flooring Installed on Upper and Main Floors New Arctic Entry Built with Sliding Doors New Cabinetry Installed New Sink with New Plumbing Installed Installed Sink Drain Line Replaced Wall Material behind the 3Compartment Sink in Main Kitchen Marble Countertops Installed New Electric Fireplace Installed – does put out heat New Fans and Lighting installed Oak Epoxy Bar Installed New Trim and Drywall Replaced Two Broken Stair Treads Painted Cabinetry New Baseboards Painted and Caulked Repaired Sheetrock Downstairs and Painted New Windows Installed New Door Installed New Door Locks Installed New Paint and Texture New Toilets and Sink Installed in Bathrooms Upstairs All Fridges and Walk-In Freezer Have Been Serviced Electrical Repairs Have Also Been Made”

Repair Information

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Current listing · 23 findings gated

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Current listing · 4 findings gated

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Property Details

Property TypeBusiness Opportunity

Sub TypeLand & Building

Year Built1960

Lot Size0.12 acres

SubdivisionOriginal

Legal DescriptionOriginal L20 B16 E48

Parcel #0021071200001

Annual Taxes$8,000 (2025)

MLS #26-3709

Sewer

Public Sewer

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Bay

Price & Status History

DateEventPrice

4/11/2026

Listed for sale

$672,0000.0%

$314/sqft

Source: AKMLS #26-3709

4/4/2026

Listed for sale

$672,000+7.5%

$314/sqft

Source: AKMLS #26-3371

9/18/2024

Sold

$625,000-30.6%

$292/sqft

Source: AKMLS #23-5932

1/26/2023

Listed for sale

$900,000

$421/sqft

Source: AKMLS #23-694

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

Equal Housing Opportunity

Listed by: Rene' C Kennicott · Real Broker Alaska

© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Listing data is synchronized from Alaska MLS continuously, multiple times per hour.

The listing content relating to real estate for sale on this website comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AKMLS). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Dream Makers are marked with either the listing brokerage's logo or the AKMLS logo and information about them includes the name of the listing brokerage.

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Mortgage Estimate

Down payment10% · $67,200

Interest rate7.0%

Loan term30 years

$4,024/mo

$604,800 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

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Greg Shepard

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627 W 3rd Avenue

About This Property

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