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    219 3Rd Ave Fairbanks, AK 99701

    For Sale
    $1,500,000

    Multi-purpose - Fairbanks, AK

    Property size:
    14,357 SF
    Lot size:
    0.55 Acres
    Days on Market:
    78
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 219 3Rd Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    General Commercial District
    Parking
    25
    Size
    14,357 SF
    Lot size
    0.55 Acres

    Utilities

    Heating system
    Baseboard, Forced Air, Hot Water (Heating), Radiant

    Building Details

    Year built
    1954
    Building materials
    Concrete, Frame
    Architectural style
    Other

    GRACE MINDER REALTY INC. (907) 479-8000

    Listing agent Grace Minder (907) 479-8000 License #15496

    Listing date Sep 27, 2025

    MLS# 158762 Listing URL

    Copyright © 2025 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.

    Overview

    Versatile Downtown Fairbanks Commercial Building

    This multi-purpose building is situated on over 0.55 acres of prime downtown real estate in Fairbanks, Alaska. The structure, previously operated as American Tire, contains 1,542 square feet of retail space, 3,178 square feet of office space, 7,047 square feet of service garage area, and 2,600 square feet of storage space, totaling 14,357 square feet. The property includes multiple garage doors: four measuring 12 feet, two measuring 14 feet, and one measuring 10 feet. The south access features two 8-foot garage doors, while the north access has one 8-foot garage door. A conveyor is installed for transporting items to the second level. The west shop floor is equipped with radiant heat. The property is located in an area zoned for General Commercial District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto shops

    Map

    City
    Fairbanks
    County
    Yukon-Koyukuk
    State
    Alaska
    Longitude
    -147.7119095
    Latitude
    64.8429995

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    FAQs

    What type of property is this?
    Auto shop - Multi-purpose building on prime downtown real estate with many possibilities.
    Where is this auto shop located?
    The property is located at 219 3Rd Ave Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime downtown location on over 1/2 acre.; - Large multi-use facility with significant square footage: 1,542 sf of retail, 3,178 sf of office, 7,047 sf of service garage, and 2,600 sf of storage.; - Multiple garage doors of varying sizes (four 12', two 14', two 8', and two 10') providing excellent access.
    (907) 479-8000
    Request Owner's contact information
    219 3Rd Ave Fairbanks, AK 99701
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    Fairbanks, AK 99701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    219 3Rd Ave Fairbanks, AK 99701
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