1068 W Fireweed Ln
Anchorage, AK
Spenard mixed-use opportunity with income potential, rare parking, and a penthouse with mountain views. 1068 W Fireweed Lane is a 4-story building offering high visibility, strong accessibility, and a flexible layout for owner-users or investors.
The property includes 7,705 SF of retail across two floors, a 4,300 SF basement ideal for storage, and a 1,848 SF penthouse with private balcony and expansive views. The penthouse previously generated ~$2,000/month and now presents a value-add opportunity ready for renovation.
An elevator services the building, and the large on-site parking lot is a standout feature in the Spenard/Midtown area. Surrounded by a strong mix of businesses and residential density, this is a strategic opportunity with immediate usability and long-term upside.