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3138 Commercial Drive

$3,250,000

3138 Commercial Drive, Anchorage, AK 99501

Active
Last Updated: 06/13/2025

11,000 sqft

Building Size

1974

Year Built

Details:
Building Size:    11,000 sqft
Year Built:    1974
Zoning:    Light Industrial
Gross Leaseable Area:    11,000
Highlights:
  • Lot Features: City Lot
  • Building Features: Restroom(s)-Private, Stand Alone Unit
  • Lease Amount Frequency: Monthly
  • Documents Available: Docs Posted on MLS, Floor Plan
  • Heating: Baseboard, Forced Air
  • Flooring: Carpet, Concrete, Laminate
  • Construction Materials: Block, Wood Frame - 2x4, Masonry
  • Parking Features: On Site
  • Security Features: Security System
Description:

A very nice two-story walk-up office/warehouse building of concrete block and wood frame construction.New flooring, paint, etc. First floor consists of 6,000 sf of reception, warehouse offices and warehouse. 2nd floor consists of offices conference, break room, training, etc as shown the floor plan under Documents. Consists of 4 lots of various sizes. Cell tower lease provides extra income.

Map:
Document

Today's Available Mortgage Rates

3138 Commercial Drive, Anchorage, Alaska 99501

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 07/12/2025
Bank*Lender #1049
5 Year Fixed
25 Year Amortization
Interest rate 5.96% 5 Year Fixed
Mo. Payment$11,682 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 $1,820,000 Loan Amount
Bank*Lender #1459
7 Year Fixed
25 Year Amortization
Interest rate 6.07% 7 Year Fixed
Mo. Payment$11,172 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. 53% LTV $0 Lender fees
Loan Amount $1,722,500 Loan Amount
Bank*Lender #1459
10 Year Fixed
25 Year Amortization
Interest rate 6.07% 10 Year Fixed
Mo. Payment$11,172 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. 53% LTV $0 Lender fees
Loan Amount $1,722,500 Loan Amount
Largest Commercial Real Estate Lending
Location
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