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Listed by Gary Evans • ALASKA COMMERCIAL PROPERTIES
$845,000
Est. payment /mo
4,032 SqFt
Price Dropped by $80K
2145 RICHARDSON HIGHWAY Fairbanks, AK 99705
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Key Details
Property Type Commercial
Sub Type RETAIL
Listing Status Active
Purchase Type For Sale
Square Footage 4,032 sqft
Price per Sqft $209
Subdivision Ak
MLS Listing ID 160683
Year Built 1984
Lot Size 1.470 Acres
Acres 1.47
Property Sub-Type RETAIL
Property Description
Position your business for success with this highly visible highway-frontage commercial property offering exceptional flexibility for owner-users, investors, and expanding businesses alike. The property features approximately 2,500+ square feet of shop/warehouse space, 660+ square feet of retail or office space, and a 660+ square foot apartment, creating multiple opportunities for owner occupancy, employee housing, or additional rental income. The shop area is divided into three separate bays, providing the potential to accommodate multiple tenants or business operations. Although the overhead doors have been removed, the original framed headers remain in place, allowing garage doors to be reinstalled with relative ease if desired. Each bay also has overhead ducting in place to accommodate future air-conditioning and heating systems. Heating is currently provided by forced-air systems in the shop areas and baseboard heat in the office/retail space and apartment. The building underwent an extensive renovation in 2020, including major electrical upgrades to support its previous cannabis cultivation operation. Cat 5 cabling is installed throughout the building, providing excellent infrastructure for security, networking, and modern business operations. Additional capital improvements include a newly constructed storefront space in 2024, new exterior siding and a new boiler and well pump in 2025, a remodeled upstairs living space in 2026, and a new pressure tank. These recent upgrades reduce near-term maintenance costs and enhance the overall functionality and appearance of the property. Situated on approximately 1.47 acres, the property provides abundant outdoor space for equipment storage, contractor laydown, fleet parking, snow storage, or future expansion. The generous site layout offers excellent functionality for a wide variety of commercial operations. Zoned GU-1 (General Use-1), the property supports an extensive range of commercial and light industrial uses, including contractor shops, warehouse and distribution, vehicle service and maintenance, retail, office, light manufacturing, storage, service businesses, and multi-tenant micro-business leasing. With its flexible floor plan, recent upgrades, income-producing apartment, highway exposure, and future development potential, this property presents an outstanding opportunity to establish a business headquarters or create a diversified commercial investment with multiple revenue streams.
Location
State AK
Area Badger&Rural Np
Zoning General Use District - 1
Direction From the Intersection of Alaska Highway's 2 & 3, Head towards North Pole, approximately 8.5 miles, destination will be on your right.
Interior
Heating FORCED AIR, HOT WATER BASEBOARD
Exterior
Total Parking Spaces 30