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Shopping Center With Retail Suites
For Sale
$2,095,000

59 COLLEGE ROAD, Fairbanks, AK 99701

COMMERCIAL/INDUSTRIAL, FAIRBANKS, AK

Property Size25,968 SF
Lot Size1.36 Acres
Price / SF$80.68
Days on Market96

Property Features for 59 COLLEGE ROAD

General Information

Property type Residential
Property subtype Retail
Parking 65
Subdivision T1S R1W
Directions College Road across from Costco
Standard status Active
APN 93335
Size 25,968 SF
Lot size 1.36 Acres

Utilities

Heating system Baseboard, Hot Water(Heating)

Building Details

Year built 1983
Building materials Concrete, Block
Listing Agency: MVI REALTY
Listed By: Melissa Bidwell · License #200
Added: Jun 23 Changed: Sep 12 Last Checked: Sep 26 at 8:06AM
MLS# 160470

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.

Investment Insights

Based on property information with market context.

This two-story shopping center contains a mix of retail and office suites arranged along a central hallway. The 25,968-square-foot building includes a street-level floor and a daylight-basement level, with several suites offering both hallway access and direct entry from the front. Glass hallway partitions, a brick front facade, lighted advertising tiles, and a monument-sign planter define the property’s public-facing improvements. Concrete and block construction, hot-water heating, and baseboard heating are in place. A new roof was installed in fall 2025.

The property occupies 1.3573 acres at 59 College Road in Fairbanks, Alaska, along the East College Road retail corridor. It abuts Noyes Slough and includes frontage-facing advertising features above the sidewalk and along the upper exterior. Built in 1983, the center provides a multi-suite format suitable for retail and office occupancy.

Key Highlights

  • 25,968‑square‑foot shopping center on 1.3573 acres
  • Two floors with retail and office suites along a central hallway
  • Several suites offer direct front entry plus interior hallway access

Property Analytics

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Current Use

Lifetouch (Bike/Boat/Book/etc) Store North Star Driving ... Training Center Chris Marok: Allstate ... Insurance Agency Nails Beauty & Confidence Hair Salon Cosmopolitan Skincare-Millie Hair Salon

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Demographics for 99701, AK

18,357
Population
8,757
Households
2.1
Avg Household Size
34
Median Age
25%
College-Educated
93%
High-School Grad
545.2 sq mi
ZIP Area
34
Density / Sq Mi
$73,551
Median Household Income
$41,782
Median Earnings
$1,233
Median Rent
$235,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Two-level commercial property offering retail and office suites with shared hallway access and select direct storefront entry.
Where is this shopping center located?
The property is located at 59 COLLEGE ROAD Fairbanks, AK.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: 25,968‑square‑foot shopping center on 1.3573 acres; Two floors with retail and office suites along a central hallway; Several suites offer direct front entry plus interior hallway access
More about this property
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