1 / 32Anchorage AK 99501
Original
Real Broker Alaska
0
Bathrooms
2,425
Sq Ft
1935
Year Built
MLS# 26-7331· Listed Jun 18, 2026
Live MLS feedLocated at 637 3rd Avenue in downtown Anchorage, this distinctive property offers exceptional flexibility for investors, owner-users, or developers. Currently operating as a professional law office. Located in a highly desirable downtown location overlooking Cook Inlet, the property enjoys convenient access to restaurants, hotels, shopping, the Tony Knowles Coastal Trail, and the Port of Anchorage The property's highest and best use may be as a six-room boutique short-term rental (Airbnb or executive lodging). Its downtown location, scenic inlet views, and proximity to Anchorage's business district and visitor attractions make it well-positioned to attract both business travelers and tourists. A thoughtfully designed conversion could create a unique hospitality property offering: " Six private guest rooms " Shared gathering and dining areas " Premium nightly rental rates " Multiple income streams from year-round tourism, business travel, cruise passengers, and seasonal visitors With Anchorage's limited inventory of distinctive boutique accommodations, this property presents an opportunity to capitalize on the growing demand for high-quality short-term lodging while preserving the flexibility for office or residential use. Whether maintained as professional office space or repositioned as a boutique hospitality investment, 637 3rd Avenue represents a rare opportunity to own a highly adaptable property in one of Anchorage's most desirable downtown locations.
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.
Better Homes and Gardens Real Estate Dream Makers · Licensed in Alaska. Fair Housing laws protect all buyers and sellers.

Maureen McMahon
Real Estate Agent
Better Homes and Gardens Real Estate Dream Makers
Ready to schedule a private showing or answer your questions about this home.
No obligation · Quick response
Trusted by Clients
Two ways to work together. You choose.
A Dream Makers licensee reviews every offer before anything goes to the seller
$7,455/mo
$1,120,500 loan · 30yr · 7.0%
Estimate only. Taxes & insurance not included. Rates vary by lender.
External Alaska government tools for due diligence.
No documents uploaded for this listing yet
Once the seller or listing agent uploads disclosures, as-builts, inspections, or other MLS docs, the AI will read through them and surface findings, a utility summary, and an Ask box right here. Alaska sellers often add docs a few days after listing.
Free signup with Google or phone. You'll get neighborhood alerts — and once the seller uploads disclosures here, come back and unlock the full AI analysis + Ask anything.