Flex Space with Service
For Sale
$1,000,000
1600 Well Street, Fairbanks, AK 99701
Light Industrial District zoning and a mix of retail, office, garage, and warehouse areas support varied commercial functions.
Property Size7,200 SF
Price / SF$138.89
Days on Market790
Property Features for 1600 Well Street
General Information
Standard status
Active
Size
7,200 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
Light Industrial District
Warehouse & Industrial
Warehouse Space
3,000 SF
Office Build-Out
1,000 SF
Conditioned Warehouse
No
Additional Details
Outdoor Storage
Yes
Building Details
Building Size
7,200 SF
Listing Agency:
Grace Minder Realty Inc.
(907) 479-8000
Listed By:
Grace Minder · License #15496
(907) 378-8934
Source:
Akliferealty
Added: Aug 25, 2024
Changed: Oct 22
Last Checked: Oct 22 at 2:30PM
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.
This flex property combines a 1,600-square-foot retail area, a 1,600-square-foot service garage, 1,000 square feet of office space, and 3,000 square feet of unheated warehouse area. The retail portion was rebuilt following a fire about 10 years ago. The garage has 12-foot doors and a ventilation system. A separate 5,000-square-foot lot includes a Quonset hut for additional storage and a parking area. The property is zoned Light Industrial District.
Located off Phillips Field, the property is within walking distance of downtown Fairbanks. The owner may consider leasing some or all of the building to a suitable tenant.
Located off Phillips Field, the property is within walking distance of downtown Fairbanks. The owner may consider leasing some or all of the building to a suitable tenant.
Key Highlights
- 1,600‑square‑foot retail area rebuilt about 10 years ago
- 1,600‑square‑foot service garage with ventilation system and 12‑foot doors
- 1,000 square feet of office space and 3,000 square feet of unheated warehouse area
Property Analytics
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Current Use
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
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Light Industrial District zoning and a mix of retail, office, garage, and warehouse areas support varied commercial functions.
Where is this flex space located?
The property is located at 1600 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: 1,600‑square‑foot retail area rebuilt about 10 years ago; 1,600‑square‑foot service garage with ventilation system and 12‑foot doors; 1,000 square feet of office space and 3,000 square feet of unheated warehouse area
