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Flex Space with Warehouse Mezzanine
For Sale
$1,000,000

1607 Well Street, Fairbanks, AK 99701

Heavy Industrial District zoning supports a property configured with retail, office, warehouse, and mezzanine areas.

Property Size7,200 SF
Lot Size0.23 Acres
Price / SF$138.89
Days on Market1074

Property Features for 1607 Well Street

General Information

Standard status Active
Size 7,200 SF
Total Parking Spaces 20
Lot size 0.23 Acres
Property subtype Commercial
Zoning Heavy Industrial District

Warehouse & Industrial

Warehouse Space 2,720 SF
Office Build-Out 1,280 SF
Mezzanine 1,920 SF

Amenities

3 bathrooms
16 ft. door

Building Details

Building Size 7,200 SF
Year Built 1979
Tenancy Single
Listing Agency: Grace Minder Realty Inc.
Listed By: Grace Minder · License #15496
Source: Akliferealty
Added: Nov 14, 2023 Changed: Oct 22 Last Checked: Oct 22 at 2:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grace Minder Realty Inc.

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Investment Insights

Based on property information with market context.

At 1607 Well Street in Fairbanks, this flex property combines 1,280 square feet of retail space with 1,280 square feet of office space. The warehouse measures 2,720 square feet, with a 1,920-square-foot mezzanine, a 16-foot door, and three bathrooms. The building was constructed in 1979.

The property comprises two 5,000-square-foot lots, totaling 10,000 square feet. The seller has also had access since 1979 to an additional 5,000-square-foot area originally intended for a road; that area has no lot number. The property is leased from the railroad. Zoning is Heavy Industrial District.

Key Highlights

  • Retail area: 1,280 square feet; office area: 1,280 square feet
  • Warehouse: 2,720 square feet, with a 1,920‑square‑foot mezzanine
  • 16‑foot door and three bathrooms

Property Analytics

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Current Use

Flex space

Lease Details

Single-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
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Heavy Industrial District zoning supports a property configured with retail, office, warehouse, and mezzanine areas.
Where is this flex space located?
The property is located at 1607 Well Street Fairbanks, AK.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Retail area: 1,280 square feet; office area: 1,280 square feet; Warehouse: 2,720 square feet, with a 1,920‑square‑foot mezzanine; 16‑foot door and three bathrooms
More about this property
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