Skip to main contentSkip to navigation
1 / 11

Commercial Land for Sale in Anchorage, Alaska

5th Gambell St, Anchorage, AK 99501

$2,250,000
0.92 acres
Active sale
ago
Est $17,523/mo

Ideal redevelopment site for downtown Anchorage. Strategic corner with high exposure and traffic counts of 39K VPD - 5th Avenue and Gambell Street (Seward Hwy). Crossroad to traffic going downtown or to midtown. Site provides almost an acre of land, with approx 300+ lineal feet along 5th Avenue. Multiple cub cuts, with access on three sides 5th Ave, Gambell Street and alley to the north. Level ground, all utilities at site, located in Opportunity Zone. (5) lots total, (4) lots are vacant and the (1) corner lot has Cline's Tesoro service station.

Location

Street address
5th Gambell St
Zip code
99501
Community
A - Anchorage Municipality
Elevation
123 feet
Coordinates
61.2177, -149.8716

Directions

East on 5th Avenue, located at the NWC of East 5th Avenue and Gambell Street

Property details

Lot size
0.92 acres40,075 sq ft
Zoning
B2C - Central Business Pe
MLS #
AMLS 26-14028
Posted

Parcels

  • 00209213
  • 00209216
  • 00209218
  • 00209267
  • 0029217

Legal description

Details and features

Listing

Type
Land

Lot

Features
Level

Listing history

DateEventPriceChangeSource
Nov 11, 2026New listing$2,250,000—AMLS
Subscribe to listing updates

Payment calculator

This 0.92-acre property is located at 5th Gambell St in Anchorage, AK 99501. The land is available for sale, priced at $2,250,000.

Listed by Berkshire Hathaway HomeServices Alaska Realty, (907) 646-3600

Checked 1 hour agoUpdated Source

Report listing issue

Copyright © 2026 Alaska Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

J. Michael James
Berkshire Hathaway HomeServices Alaska Realty
Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact