For Sale
$2,600,000

1285 Queens WayFairbanks, AK 99701

Turnkey industrial business, 10,536 SF

Overview

Added:
Dec 11, 2024
Days on market:
114
This Fairbanks, Alaska, industrial property presents a unique owner-user opportunity. The 10,536-square-foot warehouse, built in 1985 and renovated in 2018, sits on a 1.51-acre lot zoned for heavy industrial use. The building features a 20-foot ceiling height, 16 and 18-foot doors, ample parking, and a new security system. The property includes all fixtures, furniture, and equipment (FF&E), excluding snow plows. Currently operating at 100% occupancy until November 30, 2024, this business boasts a substantial backlog of work, making it an attractive turnkey acquisition. The building comprises one unit across two stories. Significant air rights (65,993 sq ft) offer potential for future expansion. The asking price is $2,600,000 ($246.77/sq ft). The seller is open to exploring owner financing and lease options, providing flexibility for potential buyers. The property's APN is 0610276, and ownership is fee simple. This is a value-add investment opportunity in a prime Fairbanks location.

Highlights

  • Established business with substantial existing contracts, ready for immediate transfer to a new owner.
  • 10,000 square foot shop featuring office space on 1.5 acres.
  • Features 16' and 18' high bay doors, ample parking, and all furniture, fixtures, and equipment (FF&E) except snow plows; includes a new security system.
  • Owner financing and lease options available.

Property Details for 1285 Queens Way

Property type
Warehouses, Industrial properties
Square Feet
10,536 SF
Year Built/Renovated
1985/2018
Buildings
1
Stories
2
Lot Size (sq. ft)
65,776 SF
Units
1

Location Insight

City
Fairbanks
County
Fairbanks North Star Borough
State
Alaska
Latitude
64.8089583
Longitude
-147.7351833
1285 Queens Way, Fairbanks, Alaska

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1285 Queens Way
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