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Two-Story Shopping Center with Retail Suites
For Sale
$2,095,000

59 COLLEGE ROAD, Fairbanks, AK 99701

SINGLE_FAMILY - FAIRBANKS, AK

Property Size25,968 SF
Lot Size1.36 Acres
Price / SF$80.68
Days on Market48

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 #RECS12092
Added: Jun 23 Changed: Aug 3 Last Checked: Aug 9 at 1:06PM
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 includes retail and office suites arranged across street level and a second level described as the equivalent of a daylight basement. Suites are partitioned and accessed via a central hallway, with several suites also offering direct access from the front of the building. Interior hallway-facing walls are glazed, supporting visibility throughout the corridor. A brick facade runs along the front, with a short brick wall and planter at the monument sign. Lighted advertising tiles are installed along the upper portion of the front exterior facing College Road and above the front sidewalk. The building is constructed with concrete and block and is heated with hot water heating and baseboard systems. Built in 1983, the property sits on 1.3573 acres and includes 25,968 SF.

The property abuts Noyes Slough and is positioned along the East College Road Corridor, described as a destination retail area within Fairbanks.

A new roof was installed in fall 2025, supporting continued exterior weather protection for the building and its suite levels.

Key Highlights

  • Two‑story building with one street‑level floor and a second level described as a daylight basement equivalent
  • Retail and office suites partitioned and accessed via a central hallway, with some suites having direct front access
  • Glazed interior walls facing the hallways

Property Analytics

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

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Two-story shopping center with centrally accessed retail and office suites, brick facade, and a roof replacement in 2025.
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: Two‑story building with one street‑level floor and a second level described as a daylight basement equivalent; Retail and office suites partitioned and accessed via a central hallway, with some suites having direct front access; Glazed interior walls facing the hallways
More about this property
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