505 Illinois St Fairbanks, AK 99701

Listing agency Alaska Commercial Properties Inc s**@realtyalaska.com Show Phone

Listed by Shawn Evans · License #RECB6332

Source Crexi

Added: Apr 11 Updated: Jul 21 at 6:02AM Checked: Jul 22 at 3:53PM

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Investment Insights

Based on property information with market context.

This commercial condominium unit is set up for a restaurant and has been finished out in a tasteful, move-in-ready style. The restaurant setup is described as having no ancillary hood or deep frying. All furnishings are offered for sale, with exceptions noted as the blue table and chairs and a few other pieces.

The HOA covers snow removal, trash removal, lawn care, and water and sewer changes, with HOA dues described as estimated. The building owner pays heat and electric. The seller reports recent work including fresh paint inside and out, roof repairs, and repairs under the building, and is working on a list of additional items.

Key Highlights

• Restaurant‑ready commercial park condominium, UNIT 3 ILLINOIS STREET COMMERCIAL PARK CONDIMINIUMS
• Set up for restaurant use (no ancil hood or deep frying reported)
• HOA dues cover snow removal, trash removal, lawn care, and water and sewer changes

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FAQs

What type of property is this?

Conventional restaurant - Restaurant-ready unit with HOA-managed exterior services and utilities paid by the building owner.

Where is this conventional restaurant located?

The property is located at 505 Illinois St Fairbanks, AK.

What are key features of this property?

This property features: Restaurant‑ready commercial park condominium, UNIT 3 ILLINOIS STREET COMMERCIAL PARK CONDIMINIUMS; Set up for restaurant use (no ancil hood or deep frying reported); HOA dues cover snow removal, trash removal, lawn care, and water and sewer changes