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2611 Minnesota Drive

$2,000,000

2611 Minnesota Drive, Anchorage, AK 99503

Active
Last Updated: 02/14/2025

14,719 sqft

Building Size

1959

Year Built

Details:
Building Size:    14,719 sqft
Year Built:    1959
Zoning:    General Business
Floors:    2
Gross Leaseable Area:    14,719
Highlights:
  • Lot Features: Corner Lot
  • Building Features: Living Quarters, Restroom(s)-Private, Stand Alone Unit
  • Lease Amount Frequency: Monthly
  • Construction Materials: Block, Wood Siding
  • Parking Features: On Site
Description:

The building offers retail, office, and warehouse space, as well as an oversized garage. It has excellent visibility and location, with frontage on Minnesota Blvd. Onsite parking is available, with 23 spaces.

Map:
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Today's Available Mortgage Rates

2611 Minnesota Drive, Anchorage, Alaska 99503

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 06/06/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$7,189 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 56% LTV $0 Lender fees
Loan Amount $1,120,000 Loan Amount
Details
Bank*Lender #1049
7 Year Fixed
25 Year Amortization
Interest rate 6.09% 7 Year Fixed
Mo. Payment$7,148 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $1,100,000 Loan Amount
Details
Bank*Lender #1049
10 Year Fixed
25 Year Amortization
Interest rate 6.19% 10 Year Fixed
Mo. Payment$7,216 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 55% LTV $0 Lender fees
Loan Amount $1,100,000 Loan Amount
Details
Speak With a Loan Consultant

CommLoan is providing quotes for information purposes only. For additional information on the largest commercial real estate lending marketplace, visit: www.commloan.com.

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