Cafe for lease
640 West 36th Avenue in midtown Anchorage
Formerly Istanbul Café and Qupqugiaq Cafe
The cafe at 640 West 36th Avenue is available to be leased. Most of the equipment and furniture is included in this beautiful space. The Turkish restaurant Istanbul Café is currently occupying the space, but will be moving out shortly.
We are seeking a café or restaurant that would be a good fit with our unusual building (including the 25 room Qupqugiaq Inn, which occupies most of the building). We are hoping to find tenants that have a conscious spirit, as well as offering good food and a realistic business plan. We want to work together in our mission of business and service, cultivating community, promoting learning, and acting with care. Examples of local cafes that we admire, like, and patronize are: Middle Way Cafe, Snow City Cafe, and Organic Oasis, but we are open to any place with life, awareness, creativity, and healthy food.
The fair market value of the space, with the distinctive architecture and included equipment and furniture (including a number of antique tables), is more than $3,000 per month. Because the building is currently on the market for sale, we are offering a significant discount for new tenants during this period of change, below the rates listed above. For the right tenant, we are expecting an initial rental fee of about $2,400, plus $400 for utilities (not including electric). The Café is a beautiful, unique space. It contains a full commercial kitchen, but the business could be more than a restaurant. It could also possibly be a dynamic space, with quality espresso drinks, teas and pastries, and large bulletin boards available for public use.
Please review our Qupqugiaq Inn website to learn more about the building. Click on Cafe (to the right), a photo of the space and info about the current tenant. If you have any questions, let me know.
This turn-key business is a special opportunity for someone with a compatible vision to take over a beautiful, unique space at minimal initial cost. If you're interested and want to discuss this further, please let me know a little about the type of place you'd like to create. The way to contact me initially is electronically: through the website contact pages or here. (If you send an e-mail, make sure you follow the directions on the spam protection response, or the message will not be sent.)
If you're interested and want to discuss this further, please contact me at geoffb[at]alaska.net (replace [at] with the @ sign).