Anchorage, AK Commercial Real Estate for Lease and Sale

Explore 80 listings of Anchorage commercial real estate to find the best space for your business.

110 N Wrangell St

110 N Wrangell St, Anchorage Industrial Park, Anchorage, AK
Property

Industrial

21,600 SF
Year Built

2006
For Sale

$6,700,000
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5475 Fairbanks St

5475 Fairbanks St, Midtown Anchorage, Anchorage, AK
Property

VacantLand

50,965 SF
For Sale

$845,000
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Dimond Crossings - Suite 7

601 E Dimond Blvd, Bella Vista, Anchorage, AK
Property

Retail
Availability

1 Space

7,595 SF
For Lease Contact for pricing
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3901 Hayes St

3901 Hayes St, Spenard Acres, Anchorage, AK
Property

VacantLand

3.68 Acre
For Sale

$325,000
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Office Coworking Retail Industrial

Office Retail Industrial Land
3210 Denali St

3210 Denali St, Calais, Anchorage, AK
Property

Retail

16,029 SF
Availability

1 Space

1,614 SF
Year Built

2000
For Lease Contact for pricing
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5121 arctic boulevard

5121 arctic boulevard, Midtown Anchorage, Anchorage, AK
Property

Retail

1,862 SF
Availability

1 Space

1,862 SF
For Lease

$2.00/SF/MO
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2203 West Dimond Blvd

2203 West Dimond Blvd, Bruce - Emerald Hills, Anchorage, AK
Property

Retail

13,769 SF
Availability

1 Space

3,500 SF
For Lease

$33.00/SF/YR
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5401 Cordova Street #201 & #202

5401 Cordova Street, Midtown Anchorage, Anchorage, AK
Property

Industrial

2,000 SF
For Sale

$430,000
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1549 E Tudor Rd

1549 E Tudor Rd, Geneva Woods - Green Acres, Anchorage, AK
Property

Retail

9,015 SF
Year Built

1966
For Sale

$1,150,000
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311 & 355 East 76th Avenue

355 East 76th Avenue, Campbell Glen, Anchorage, AK
Property

Industrial

42,354 SF
Availability

2 Spaces

9,737 SF
Year Built

1973
For Lease Contact for pricing
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261 East 56th Avenue

261 East 56th Avenue, Midtown Anchorage, Anchorage, AK
Property

Industrial

27,100 SF
Availability

1 Space

10,950 SF
Year Built

1982
For Lease

$0.96/SF/MO
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Midtown Mall

2910 Seward Hwy, Calais, Anchorage, AK
Property

Retail
Availability

1 Space

31,532 SF
For Lease Contact for pricing
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Northern Lights Shopping Center

5437 E Northern Lights Blvd, Collegegate, Anchorage, AK
Property

Retail
Availability

1 Space

41,839 SF
For Lease Contact for pricing
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Frontier Building | For Lease

3601 C St, Midtown Anchorage, Anchorage, AK
Property

Office
Availability

1 Space

10,586 SF
For Lease Contact for pricing
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1007 W 32nd Ave

1007 W 32nd Ave, Spenard Acres, Anchorage, AK
Property

Industrial

21,344 SF
Year Built

1965
For Sale

$1,500,000
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901 E Dimond Blvd

901 E Dimond Blvd, Bella Vista, Anchorage, AK
Property

Retail

46,607 SF
Availability

1 Space

8,997 SF
Year Built

1969
For Lease

$1.75/SF/MO
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111 Muldoon Rd

111 Muldoon Rd, Jelinek Heights, Anchorage, AK
Property

Multi-Family

7,680 SF
Year Built

1965
For Sale

$1,325,000
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2028 E Northern Lights Blvd

2028 E Northern Lights Blvd, College Village, Anchorage, AK
Property

Office

7,263 SF
Year Built

1974
For Sale

$900,000
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Aurora Safeway

2960 Minnesota Blvd, Martin - Aurora Village, Anchorage, AK
Property

Industrial

419 SF
Availability

1 Space

419 SF
For Lease

$3.85/SF/YR
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1549/1551 E Tudor Road

1549/1551 E Tudor Road, Geneva Woods - Green Acres, Anchorage, AK
Property

Retail

21,401 SF
For Sale

$1,375,000
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Bayshore Mall

1920 West Dimond Blvd, Olympus - Stonegate Townhouse, Anchorage, AK
Property

Retail

145,748 SF
Availability

3 Spaces

110,287 SF
Year Built

1984
For Lease Contact for pricing
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345 Boniface Pkwy

345 Boniface Pkwy, Towne East, Anchorage, AK
Property

Industrial

13,276 SF
Year Built

1952
For Sale

$2,225,000
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2828 W Dimond Blvd

2828 W Dimond Blvd, Campbell Lake Heights, Anchorage, AK
Property

Retail

3,055 SF
Year Built

1953
For Sale

$650,000
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800 Orca St

800 Orca St, Downtown Anchorage, Anchorage, AK
Property

VacantLand

0.96 Acre
Availability

1 Space

0.96 Acre
For Lease

$6,300.00/MO
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4450 Cordova St

4450 Cordova St, Midtown Anchorage, Anchorage, AK
Property

Office

12,288 SF
Availability

1 Space

2,790 SF
Year Built

1983
For Lease

$1.80/SF/MO
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2828 W Dimond Boulevard

2828 W Dimond Boulevard, Campbell Lake Heights, Anchorage, AK
Property

Retail

3,055 SF
Availability

1 Space

3,055 SF
For Lease

$4,500.00/MO
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1885 E 64th Avenue

1885 E 64th Avenue, Dowling - Hollowbrook, Anchorage, AK
Property

VacantLand

0.94 Acre
For Sale

$825,000
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4623 Old Seward Hwy

4623 Old Seward Hwy, Midtown Anchorage, Anchorage, AK
Property

Retail

7,516 SF
Availability

3 Spaces

6,778 SF
Year Built

1978
For Lease

$1.22 - $1.39/SF/MO
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Anchorage commercial real estate market incorporates 924,000 square feet of office space across 32 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Anchorage commercial real estate market includes 459,953 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Anchorage market, there is a total of 230,120 square feet of industrial property.

The listing inventory in Anchorage incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Anchorage is represented by Office space, which accounts for 252,973 square feet of available listings. Retail space available in Anchorage adds up to 226,090 square feet.

Meanwhile, most of the listings of commercial property for sale in Anchorage are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Anchorage is $19 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Anchorage can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Anchorage, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Anchorage is in the Downtown Anchorage neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Anchorage area.

Meanwhile, retail space opportunities are most abundant in the Olympus - Stonegate Townhouse submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Downtown Anchorage.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $27 per square foot. In particular, the property type commanding the highest lease rates in Anchorage was Office space.

The average size of a commercial property in Anchorage depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Anchorage, the average size of an office property is 46,200 square feet.
Retail properties here incorporate an average of 22,998 square feet.
Industrial space in Anchorage is in buildings that are, on average 16,438 square feet in size.

Anchorage, AK Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Anchorage currently add up to 650,012 square feet. The market offers 25 active office listing(s), which amount to 242,628 square feet and account for 48% of commercial spaces on the market. Local retail availability includes 226,090 square feet across 14 retail space(s). Industrial space for rent opportunities in Anchorage amount to 139,477 square feet across a total of 12 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	25	242,628
Retail	14	226,090
Industrial	12	139,477
Other	1	41,818

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Anchorage, AK. Currently, there is 438,918 square feet of commercial property for sale here , which includes 6 office building(s) for sale , 8 retail investment opportunity listing(s) , and 8 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	6	209,376
Retail	8	82,136
Industrial	8	88,756
Other	4	58,650

Anchorage, AK Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Anchorage, AK?

What factors affect the price of commercial real estate in Anchorage, AK?

What is the average rent for commercial space in Anchorage, AK?

What are the best areas for commercial real estate in Anchorage, AK?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Anchorage, AK?

Anchorage, AK Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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