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1005 Cushman Street & 1003, Fairbanks, Alaska

$525,000 REDUCED 17%
  • $525,000
  • 6,139
  • .41
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Long tenancy for current Lessee. The main building could be used for other types of retail or converted to a proper tea house, coffee shop, internet cafe, restaurant, office suites, or medical space. Having been used as a gallery for several decades, it is still a great spot for a tourism focused business. Price just lowered $110,000. Owner is willing to be creative and will consider all offers.Anyone who has ever spent anytime in Fairbanks knows and can identify the Alaska House on the corner of 10th and Cushman Street. For the past 57 years the Fejes family has lovingly cared for and maintained the property as a landmark. It is now time for the family to move on to new ventures, making this well known property available for the next entrepreneur to take advantage of the legacy.

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Essential Information

  • MLS® # 17-11591
  • Price $525,000
  • Square Footage 6,139
  • Acres 0.41
  • Type Commercial Property
  • Style Single Use
  • Status Active

Community Information

Amenities

  • Features In City Limits, On-Site Parking, Restroom(s)-Handicap, Restroom(s)-Private, Living Quarters, Master Meter - Elec, Stand Alone Unit, Corner Lot

Interior

  • Heating Baseboard

Exterior

  • Exterior Log, Wood
  • Roof Composition, Shingle, Asphalt/Comp Shingle, PVC Membrane
  • Construction Wood Frame, Log
  • Foundation Poured Concrete

Additional Information

  • Date Listed July 11th, 2017
  • Days on Market 797
  • Zoning CBD - Central Business District

Listing Details

  • Listing Office: Alaska Commercial Properties

Financials

  • $/SqFt $86

Price & Status History

Date Details
Status Changed from Expired to Active
Price Reduced from $635,000 to $525,000
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Neighborhood Information

Close to Military Facility(ies), High Residential Turnover

  • Icon of money $55,000

    Median Price

  • Icon of a grid layout $104

    Median Price/Sqft

  • Icon of a bar graph 97.38%

    Sale/List Ratio

  • Icon of a house 61

    # of Homes SoldWithin the Last Year

  • Icon of a person walking 83/100

    Walk Score®Very Walkable

  • Icon of a raincloud 11.71″

    Annual Precipitation

  • Icon of a sun 2.30°F /73.40°F

    Avg. Highs -
    Jan/July

  • Icon of a cloud and moon -12.50°F /50.10°F

    Avg. Lows -
    Jan/July

  • Icon of a group of people 18,614

    PopulationBased on Nearest ZIP Code

  • Icon of a person 30

    Median Age

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Listing information last updated on July 9th, 2020 at 7:04pm AKDT.