1285 Queens WayFairbanks, AK 99701

  • Other commercial real estate
  • 9,544 SF
For Sale
$2,600,000 View listing

Property Details for 1285 Queens Way

Year built
1985
Construction
STEEL FRAME
Lot size
1.51 AC
Property size (Sq ft)
9,544 SF
Property type
Other commercial real estate
APN
610276
APU
610276

Description

This exceptional Fairbanks, AK property presents a unique opportunity for a savvy investor. The 10,536 square foot shop building sits on a generous 14-acre lot, providing ample space for operations and future expansion. The property boasts multiple shop bays with varying dimensions, including bays measuring 68'x14', 48'x25', 48'x13', 68'x14', and 68'x14'. High overhead clearance is provided by 16' and 18' foot doors, facilitating easy access for large equipment. The property also includes dedicated office space, ensuring efficient management and administration. Extensive parking is available, accommodating employees and clients alike. All fixtures, furniture, and equipment (FF&E) are included in the sale, excluding plow inventory. A recently installed security system enhances the property's safety and security. The current business is turnkey, with a substantial existing workload ready for immediate transfer to a new owner. The seller is highly motivated and is open to considering owner financing and lease options, making this an attractive proposition for various buyers. This is a rare opportunity to acquire a well-established business with significant potential for growth in a desirable Fairbanks location. The property's size, features, and flexible financing options make it an ideal investment for those seeking a profitable and established enterprise.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,946,640
    Hospitality
    $2,699,106
    Educational
    $2,245,624
    Medical
    $2,322,855
    Retail
    $3,493,194
1285 Queens Way, Fairbanks, Alaska

Location Insight

City
Fairbanks
County
Fairbanks North Star
State
Alaska
Latitude
64.8089
Longitude
-147.735
CBSA code
21820
CBSA name
FAIRBANKS, AK METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,549
$90,741
$577,430
$668,171
-
$90,741
$577,430
$668,171

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