` Location: 5401 Cordova Street, Anchorage, Alaska 99518

Zoned: I-1 Light Industrial

Size: Total of $3,000 sf. 3 individual 1,000 sf commercial Condo units:

Unit # 101 - approximately 700 sf shop w/ 300 sf office, bathroom and coffee station area, w/

OH doors 12' wide X 10' height, 25 feet wide & 41 feet deep. Vacant for lease @ $1.25 psf.

Remodeled in 2009

Unit # 102 - approximately 700 sf shop w/ 300 sf office bathroom and coffee station area w/

OH doors 12' wide X 10' height, 25 feet wide & 41 feet deep. Leased to a Remodeling company

for $1,250 mo.

Unit # 103 - approximately 1,000 sf office, bathroom and coffee station area, 25 feet wide & 41 feet deep.

Currently leased to a hair salon company for $1,250 per month. Remodeled in 2009

Year Built: 1978

Taxes: $4,543 for 2009 for all three units

Utilities: city water and sewer, gas, elect, phone, cable

Condo Fees: Total of $600 per month or $200 per unit. Fees include real estate taxes, insurance,

refuse, water and sewer, snow removal, exterior maintenance. Snow’s Management Inc. at 563-8818

manages this property.

SALE PRICE : $525,000 Owner Financing Available

Sellers total expenses are the condo fees at $200 for each unit per month, a small liability insurance

policy for $350 per year and the real estate taxes at $4,533 for 2009 for all three units.

J. Riley Realty LLC, 2921 Pelican Drive, Anchorage, Alaska 99502

(907) 248-8700 office (907) 248-8744 fax