637 W 3rd Avenue, Anchorage, AK 99501

$1,245,000
Property Type: Commercial Sale Square Footage: 2,425 Lot Size (sq. ft.): 5,122 Status: Active
Current Price: $1,245,000 Last Modified: 7/23/2026

Overview

Description

Located 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

Supplements: 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 ...

Listing Details MLS# 26-7331

Contract Info

Price-List
1245000
Date-Listing
2026-06-18
EM Minimum Deposit
12000
Foreclosure/Bank Own
No

Location Tax and Legal

Area
5 - Downtown Anchorage
Street #
637
Directional
W
Street Name
3rd
Arterial
Avenue
Closest USPS Town
Anchorage
State
AK
Zip Code
99501

Property Info

Type of Property
Mixed Use
Building Type
Class C
Realtor.com Type
Commercial
Construction Status
Existing Structure
Building Status
Owner Occupied
Acres
0.12
SF-Lot
5122
Lot Area Source
Tax Authority
SF-Res
2425
Floors
3
Zoning
B2C - Central Business Periphery
Year Built
1935

Directions and Remarks

Directions
on 3rd Avenue between F & G streets.

Building Info

Parking Space-Ttl #
2

Location, Tax and Legal

Region
1 - Southcentral Alaska Region
Borough/Census Area
1A - Anchorage Municipality
Grid # (Muni Anch)
SW1230
Tax Map #-Mat-Su
N/A
Legal
Original BLK 16 LT 19 & 20 W2'
Taxes (Estimated)
9000
Tax Year
2026

More Information

Primary Space

Office
Yes

View Type

Inlet
Yes

Flooring

Carpet
Yes

Walls

Sheetrock
Yes
Other - See Remarks
Yes

Access

Dedicated Road
Yes
Maintained
Yes
Paved
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Features-Commercial

DSL/Cable Available
Yes
Fencing
Yes
In City Limits
Yes
Living Quarters
Yes
On-Site Parking
Yes
Stand Alone Unit
Yes

Documents

Floor Plan
Yes

Property Features

Primary Space: Office Flooring: Carpet Walls: Sheetrock; Other - See Remarks Sewer: Public Sewer Water Source: Public Features-Commercial: DSL/Cable Available; Fencing; In City Limits; Living Quarters; On-Site Parking; Stand Alone Unit Access: Dedicated Road; Maintained; Paved View Type: Inlet Documents: Floor Plan
IDX
Listing Office: Real Broker Alaska
Last Updated: July - 23 - 2026
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 the site owner are marked with 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. Site contains live data.