Fairbanks Multi-Purpose Updated
1533 LACEY STREET, Fairbanks, AK 99701
Multi-purpose - Fairbanks, AK
Property size:
28,204 SFLot size:
0.79 AcresPrice / SF:
$310/SF- Added:
- Jan 20, 2026
- Days on Market:
- 117
- Last Refresh:
- May 17 at 9:06 am
Property Features for 1533 LACEY STREET
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- General Commercial District
- Parking
- 44
- Standard status
- Active
- Size
- 28,204 SF
- Lot size
- 0.79 Acres
Taxes and HOA fees
- Tax Annual Amount
- 43219.76
Utilities
- Heating system
- Baseboard, Hot Water (Heating)
Building Details
- Year built
- 1974
- Building materials
- Frame
- Architectural style
- Other
Listing agent Ray Brasier License #RECA14650 (907) 750-3920
Listing office BRASIER REALTY 105 Adak Street, Fairbanks, AK (907) 750-3920
Listing date Jan 20, 2026
MLS# 159244
Listing URL
Copyright © 2026 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Extremely low heating costs: Only $0.37 per square foot per year ($10,500/year).
- High gross annual income: Over $713,000/year.
- Fully renovated: Stripped to the studs and completely updated.
- Elevator access to all four floors: ADA compliant.
- High‑efficiency heating system, including updated windows, remote wall insulation, and radiant floor heating.
- Flexible use: Suitable as a high‑end multiplex or for a contracting company needing office space and housing.
Overview
Originally a 60-unit summer hotel with electric heat, this property has been renovated down to the studs and updated. The renovation included combining three units to create two, resulting in a total of 44 units. Updated windows, remote wall insulation (9 inches on the outside walls), high-efficiency boilers, and radiant floor heating on all four levels contribute to a low heating cost of approximately $0.37 per square foot per year, totaling around $10,500 annually. The property features an elevator providing access to all four floors, ensuring ADA compliance. Currently configured as a high-end multiplex, the property could also suit a contracting company needing both office space and housing. The gross annual income exceeds $713,000. The building has a size of 28,204 square feet and is located on a 0.79-acre lot in Fairbanks, AK. The property is located in an area zoned as General Commercial District.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Lacey Lofts
Apartment Building
Map
- City
- Fairbanks
- County
- Yukon-Koyukuk
- State
- Alaska
- Longitude
- -147.7151247
- Latitude
- 64.8331997
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Updated 44-unit building suitable for various purposes in Fairbanks.
Where is this mixed-use property located?
The property is located at 1533 LACEY STREET Fairbanks, AK.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: Extremely low heating costs: Only $0.37 per square foot per year ($10,500/year).; High gross annual income: Over $713,000/year.; **Fully renovated:** Stripped to the studs and completely updated.
