Industrial Flex
For Sale
$595,000
269 Illinois Street, Fairbanks, AK 99701
Fairbanks, AK
Property Size5,120 SF
Lot Size0.36 Acres
Price / SF$116.21
Days on Market16
Property Features for 269 Illinois Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Standard status
Active
Size
5,120 SF
Lot size
0.36 Acres
Amenities
large display windows
delivery/truck door
inside storage area
hot water baseboard heating
pellet stove
Building Details
Year built
1950
Listing Agency:
NextHome Arctic Sun
(907) 456-4653
Listed By:
Melissa Richardson · License #RECS18401,PersonLicenseNumber
(907) 388-2175
Added: Aug 13
Changed: Aug 28
Last Checked: Aug 28 at 7:06PM
MLS# 159630
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 5,120-square-foot concrete-block commercial building combines a large shop area with office space, retail-facing display areas, customer service zones, dual restrooms, and interior storage. Jeweler-grade plate-glass windows bring natural light to the frontage, while a delivery/truck door supports receiving and movement of materials. Heating includes oil-fired hot water baseboards and a supplemental pellet stove.
The property is positioned at Illinois Street and Phillips Field Road in Fairbanks, with two access points and more than 14,000 vehicles passing daily. Paved parking includes 10+ spaces, with additional parking inside a secured lot. The site is zoned Light Industrial and falls within the Historic Overlay District. Public water and sewer are provided through Golden Heart Utilities, with electric service from GVEA.
The property is positioned at Illinois Street and Phillips Field Road in Fairbanks, with two access points and more than 14,000 vehicles passing daily. Paved parking includes 10+ spaces, with additional parking inside a secured lot. The site is zoned Light Industrial and falls within the Historic Overlay District. Public water and sewer are provided through Golden Heart Utilities, with electric service from GVEA.
Key Highlights
- 5,120‑square‑foot concrete‑block building constructed in 1950
- Light Industrial zoning within the Historic Overlay District
- Intersection location at Illinois Street and Phillips Field Road
Property Analytics
Property Profile
Current Use
Lease Details
14,000 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Concrete-block commercial property with showroom frontage, service areas, and logistics features.
Where is this flex space located?
The property is located at 269 Illinois Street Fairbanks, AK.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: 5,120‑square‑foot concrete‑block building constructed in 1950; Light Industrial zoning within the Historic Overlay District; Intersection location at Illinois Street and Phillips Field Road
