Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    269 Illinois St Fairbanks, AK 99701

    For Sale
    $650,000

    Commercial Sale, Other - Fairbanks, AK

    Property size:
    5,120 SF
    Lot size:
    0.62 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 269 Illinois St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Size
    5,120 SF
    Lot size
    0.62 Acres

    Building Details

    Year built
    1950
    Architectural style
    Other

    NextHome, Inc

    Listing agent Melissa Richardson (907) 456-4653 License #RECS18401,PersonLicenseNumber

    Listing date Nov 5, 2025

    MLS# 158204 Listing URL

    Copyright © 2025 NextHome, Inc. 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 Commercial Property, Fairbanks

    Located at the intersection of Illinois Street and Phillips Field Road in central Fairbanks, this commercial property offers a range of potential uses. The 5,120 square foot concrete block building is situated on a 0.62-acre lot with two access points and ample paved parking for over 10 vehicles, plus additional parking in the secured lot. Zoned Light Industrial and located within the Historic Overlay District, the property experiences high traffic volume, with over 14,000 vehicles passing daily. Originally constructed in 1950, the building has a history in Fairbanks commerce, formerly operating as a gas station before transitioning to a tire and wheel shop, and most recently serving as an auto repair shop. The building's layout includes a spacious shop area, dedicated office space, retail/showroom frontage, customer service areas, and dual restrooms. Large display windows are jeweler-grade plate glass, providing natural light and exposure. A delivery/truck door and inside storage area support flexible logistics. Heating is provided by a hot water baseboard system fueled by oil, with a supplemental pellet stove. Utilities include public water/sewer through Golden Heart Utilities and electric by GVEA.
    Location Intelligence

    Current Use by Public Records

    Alaska State Interlock Safety Equipment Supplier JP's Auto Repair Car Repair And Maintenance Service Intoxalock Ignition Interlock Safety Equipment Supplier Lifesafer Ignition Interlock Electronics Manufacturer

    Map

    City
    Fairbanks
    County
    Yukon-Koyukuk
    State
    Alaska
    Longitude
    -147.7202629
    Latitude
    64.8480754

    Nearby Similar for Sale

    • $499,900
      6,202 SF

      Salcha River Oasis with Hangar

      Stunning riverfront property with cabins, bunkhouse, bathhouse, and helicopter hangar.
      Nhn Salcha Riv, Salcha, AK 99714
      View Details
    • $300,000
      Pending

      Turnkey Distillery Business Opportunity

      Established Fairbanks distillery with equipment, inventory, and training included.
      3501 Lathrop St, Fairbanks, AK 99701
      View Details
    • $525,000
      2,330 SF

      Fairbanks Commercial Building For Sale

      Commercial building in high-traffic area, suitable for various businesses.
      550 3Rd St, Fairbanks, AK 99701
      View Details
    • $775,900
      4,096 SF

      Modern Fourplex in North Pole

      Four modern units with garages in a growing area.
      2000 Sunlit Fld Ct, North Pole, AK 99705
      View Details
    • $329,000
      Pending

      Fairbanks Fourplex: Investment Opportunity

      Fourplex in Fairbanks with income potential and convenient location.
      204 Antoinette Ave, Fairbanks, AK 99701
      View Details
    • $1,500,000
      14,357 SF

      Versatile Downtown Fairbanks Commercial Building

      Multi-purpose building on prime downtown real estate with many possibilities.
      219 3Rd Ave, Fairbanks, AK 99701
      View Details

    FAQs

    What type of property is this?
    Auto shop - High-visibility commercial property with industrial utility and retail potential.
    Where is this auto shop located?
    The property is located at 269 Illinois St Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - High-visibility location at a busy intersection with over 14,000 vehicles passing daily.; - Versatile commercial property zoned Light Industrial within the Historic Overlay District.; - Large 5,120 sq. ft. concrete block building on .62 acres with two access points.
    (907) 456-4653
    Request Owner's contact information
    269 Illinois St Fairbanks, AK 99701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    269 Illinois St
    Fairbanks, AK 99701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    269 Illinois St Fairbanks, AK 99701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.