Map of Property

423 W 5th Avenue

For Sale

423 W 5th Avenue, Anchorage, AK 99501

This Anchorage property for sale is located at 423 W 5th Avenue. The current listed sale price for 423 W 5th Avenue is $1,525,000. 423 W 5th Avenue is situated on a lot that is 0.22 acre in size.

Contacts

Andrew Ingram

Jack White Commercial

Brian Endsley

Jack White Commercial

Property Details

  • Property Type Retail
  • Property Size 10,950 SF
  • Lot Size 0.22 Acre
  • Date Updated Apr 16, 2026

Downtown commercial sale with outstanding 5th Avenue placement. 2 parcels, 2 buildings, 1 occupied by Ginger and 1 vacant. This offers a unique scenario for both owners and occupants alike. In place cash flow from Ginger and high lease potential for the vacant space, or occupy the vacant space and keep low occupancy costs. Great area mix with 5th avenue mall, Club Paris and more!! Directions: Across from 5th avenue mall. Ginger and space to the lookers right, used to be TJs Shirts.   

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Getting around

  • 85/100

    Walk Score ®

  • 52/100

    Transit Score ®

  • 69/100

    Bike Score ®

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Location

  • City Anchorage, AK
  • Neighborhood Downtown Anchorage
  • Zip Code 99501
  • Market Anchorage

Points of Interest

  • Anchorage

    0.27 miles

  • Anchorage Airport

    4.23 miles

  • ClipperCreek

    0.12 miles

  • Chugach Electric Association

    0.96 miles

  • Shell

    1.05 miles

  • Holiday

    1.21 miles

  • Chevron

    1.70 miles

  • Fred Meyer

    1.80 miles

  • Carrs Gas Station

    1.80 miles

  • AAFES Gas Station

    1.98 miles

  • IBEW

    2.00 miles

  • ChargePoint

    2.16 miles

  • Diamond Parking

    0.07 miles

  • JC Penney Parking Garage

    0.09 miles

  • Coho

    0.11 miles

  • Chinook

    0.14 miles

  • Linny Pacillo Parking Garage

    0.16 miles

  • City Hall

    0.18 miles

  • Sockeye

    0.19 miles

  • Club Paris

    0.00 miles

  • Ginger

    0.01 miles

  • FAT Ptarmigan

    0.03 miles

  • Tent City Taphouse

    0.09 miles

  • Serrano’s Mexican Grill

    0.10 miles

  • Kumaguro

    0.10 miles

  • Gumbo House

    0.11 miles

  • Biscuit Club

    0.12 miles

  • Flattop Pizza

    0.15 miles

  • Uncle Joe's Pizzeria

    0.18 miles

  • JCPenney

    0.04 miles

  • Anchorage 5th Avenue Mall

    0.08 miles

  • Glacier Brewhouse

    0.20 miles

  • Johnny's Produce

    0.42 miles

  • New Sagaya City Market

    0.66 miles

  • Carrs

    0.86 miles

  • Oriental Shopping Center

    1.48 miles

  • The New Central Market

    1.52 miles

  • Northern Lights Mall

    1.72 miles

  • Midtown Mall

    1.75 miles

Contact 423 W 5th Avenue
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