$950,000
$950,000
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101 College RD Fairbanks, AK 99701
30,411 SqFt
Key Details
Sold Price $950,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 30,411 sqft
Price per Sqft $31
MLS Listing ID 23-2295
Sold Date 05/30/23
Construction Status Existing Structure
Originating Board Alaska Multiple Listing Service
Year Built 1963
Lot Size 1.210 Acres
Acres 1.0
Property Description
Location! Location! Location! The 3 words every business owner wants to hear! 101 College Rd business is for sale. Centralized location in the heart of Fairbanks, close to everything Fairbanks has to offer. Near schools, U-Haul, Costco, Safeway, Fred Meyer and other local businesses. A building complex consisting of 5 buildings, 36 apartments and several commercial spaces that can be used for a variety of purposes. 3 bedroom managers apartment as well. DOT traffic count of nearly 14,000 cars passing by this location daily! Excellent rent rate for Veterans. Occupancy Rate of 85%. Newer roof on 2 of the buildings. Being offered significantly lower than borough assessed value. Please set up a showing today. 48 hour notice required for all appointments. Verification of funds necessary before showings may occur.
Location
State AK
Area 710 - North Fairbanks
Zoning GC - General Commercial
Direction 101 College Rd. Travel East on College Rd until just before the intersection of Illinois St and College Rd. Property on the Right. Next to U Haul business.
Building
Lot Size Range 1.0
New Construction No
Construction Status Existing Structure
Others
Tax ID 83381
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