Anchorage, Alaska, offers a unique opportunity for investors to tap into the city's diverse economy and growing population of approximately 300,000 residents. Restaurants for sale in Anchorage can be a lucrative investment, providing a steady stream of revenue and a chance to capitalize on the city's strategic location as a global air travel hub. With its proximity to the Ted Stevens Anchorage International Airport and the Port of Anchorage, restaurants in Anchorage can cater to a diverse clientele of travelers, locals, and military personnel. The city's infrastructure, including Providence Alaska Medical Center, Alaska Regional Hospital, and Chugach Electric Association, ensures a high quality of life for residents and visitors alike. Additionally, Anchorage's scenic beauty, with its surrounding mountains and wildlife, makes it an attractive destination for tourists, further boosting the demand for restaurants and dining establishments.
With 2 restaurants for sale in Anchorage, investors have a range of options to choose from, each offering a unique opportunity to tap into the city's diverse economy. From casual eateries to fine dining establishments, Anchorage's restaurant scene is as diverse as its population. In addition to restaurants, Anchorage also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. For example, apartment buildings in Anchorage offer a steady stream of revenue, while shopping centers provide a hub for local commerce. Specialty properties, such as those catering to the tourism industry, can offer a unique niche, and hotels provide a convenient option for travelers. Whatever the investment, Anchorage's strategic location and diverse economy make it an attractive option for investors.
What is the average cost per square foot for a restaurant in Anchorage?
The average cost per square foot for a restaurant in Anchorage is $132 USD per square foot, with an average size of 8,728 square feet and a largest size of 12,152 square feet, among the 2 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Anchorage?
When evaluating the value of a restaurant for sale in Anchorage, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Ted Stevens Anchorage International Airport and the Port of Anchorage, as well as access to main roads like the Seward Highway and the Glenn Highway, being highly desirable;
- The restaurant's size, with an average size of 8,728 square feet, and a maximum size of 12,152 square feet, impacting its capacity and potential revenue;
- The restaurant's financial performance, including its average price per square foot of $132 USD and average cap rate of 11.38%, which can influence its overall value and attractiveness to potential buyers.
