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COMMERCIAL/INDUSTRIAL, Fairbanks, AK

This property started life out originally as a 60 unit summer only hotel with electric heat. Owners went through the property stripping it entirely to the studs. Updating everything from the studs forward, combining 3 units to make two, ending up with 44 units. With the updated windows, remote wall insulating ( 9 inches of insulation on outside wall of building) High efficiently boilers, radiant floor on all 4 levels have all brough the cost to heat this building to only 37 cents per square foot, per year. No, that's not a typo, it actually is only 37 cents per square foot a year to heat! ($10,500/year) Some apartment complexes spend that in a month! Property has an elevator that access four floors, making it ADA compliant. Current configuration is a high-end multiplex. Property would be wells suited for a contracting company needing office space and housing. Gross income is over $713,00...

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Source:First Street™

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Source: Greater Fairbanks Board-Realtors, MLS# 159244
Listing status: Active
Listing last updated: September 17, 2026 at 2:39 AM
Listing last checked: September 17, 2026 at 2:31 AM
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