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819 1st Avenue, Fairbanks, Alaska

$599,000 REDUCED 11%
  • $599,000
  • 6,800
  • .27
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Update: Owner Financing possible with 20% down.This 2 story office building located in downtown Fairbanks has fabulous bones though it could use a few cosmetics. Gated parking lot in the back, a rarity for the downtown area! Central Business District zoned.This location would serve a legal office, insurance firm, or medical group well!High traffic area; well within walking distance to many downtown shops, cafes, Churches, the Borough building, and many businesses that attract locals and tourists year-round. Close to many downtown events such as: Yukon Quest, Golden Days Parade, Midnight Sun Festival, and many others. Have we mentioned that the Chena River flows nearby, right across the street? Mason and concrete construction. Walls are 8" concrete block. Some new flooring and paint. Maintenance and standard repairs have been done to the building, roof, HVAC and other systems within the last 2 years.

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Essential Information

  • MLS® # 19-16264
  • Price $599,000
  • Square Footage 6,800
  • Acres 0.27
  • Year Built 1976
  • Type Commercial Property
  • Style Mixed Use
  • Status Active
  • Annual Tax Amount $17,423
  • Tax Year 2019

Community Information

Amenities

  • Features Fencing, In City Limits, On-Site Parking, Wtrfrnt-Acc Nearby
  • Parking Spaces 20
  • View Territorial, River

Interior

  • Heating Other - See Remarks
  • # of Stories 2

Exterior

  • Exterior Masonry, Other - See Remarks
  • Roof Bitumen/Torch Down, PVC Membrane
  • Construction Concrete
  • Foundation Poured Concrete

Additional Information

  • Date Listed September 24th, 2019
  • Days on Market 148
  • Zoning CBD - Central Business District

Listing Details

  • Listing Office: Alaska Commercial Properties

Financials

  • $/SqFt $88

Price & Status History

Date Details
Price Reduced from $675,000 to $599,000

Neighborhood Information

Close to Military Facility(ies), High Residential Turnover

  • Icon of money $161,900

    Median Price

  • Icon of a grid layout $124

    Median Price/Sqft

  • Icon of a bar graph 97.76%

    Sale/List Ratio

  • Icon of a house 61

    # of Homes SoldWithin the Last Year

  • Icon of a person walking N/A

    Walk Score®

  • 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 February 20th, 2020 at 5:04am AKST.