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    535 3Rd Ave Fairbanks, AK 99701

    For Sale
    $649,900

    Commercial Sale, Other - Fairbanks, AK

    Property size:
    4,322 SF
    Lot size:
    0.06 Acres
    Days on Market:
    57
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 535 3Rd Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    Size
    4,322 SF
    Lot size
    0.06 Acres

    Building Details

    Year built
    1961
    Architectural style
    Other

    NextHome, Inc

    Listing agent Derrick Dieringer (907) 456-4653 License #157028,PersonLicenseNumber

    Listing date Oct 10, 2025

    MLS# 158858 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

    Downtown Fairbanks Commercial Property For Sale

    Located in downtown Fairbanks, this commercial property offers over 4,000 square feet of adaptable space. The property benefits from a high-visibility location with steady pedestrian traffic and convenient access to public transit. Previously used as an architectural office, the upstairs office area features 10-foot ceilings, a full kitchenette, and a full bathroom. The downstairs area is currently leased to a fitness training facility. The building is heated via a steam heating system directly from the Aurora Energy power plant downtown. The property is situated on a 0.06-acre lot and offers a variety of possible uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Accelerated Fitness Alaska Fitness Center David A Whitmore Architect Architect

    Map

    City
    Fairbanks
    County
    Yukon-Koyukuk
    State
    Alaska
    Longitude
    -147.7193399
    Latitude
    64.8426985

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    FAQs

    What type of property is this?
    Retail space - Adaptable commercial space in high-visibility downtown location with steady foot traffic.
    Where is this retail space located?
    The property is located at 535 3Rd Ave Fairbanks, AK.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - High-visibility location in downtown Fairbanks with steady pedestrian traffic.; - Over 4,000 square feet of adaptable space suitable for various business uses.; - Excellent access to public transit.
    (907) 456-4653
    Request Owner's contact information
    535 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
    535 3Rd Ave Fairbanks, AK 99701
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