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3850 & 3846 Royal Rd

Fairbanks, AK 99701
  • $909,900
  • STATUS: Active
  • MLS #: 148197
UPDATED: 35 min ago
$909,900
  • 0
    BEDS
  • 1.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,932
    SQFT
  • $83
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1984

School Ratings & Info

Description

So many possibilities with this property! 1.7 acres of GU-1 zoned property in the heart of Fairbanks industrial and commercial area. Both buildings have 2x8 walls with longevity and efficiency in mind. The main building features four offices with two half bathrooms. There is also an attached oversized two car garage and a large 25x60 shop/work bay area with two-story high ceilings and a 14 high overhead door. There are laundry hook ups both upstairs and down. The upstairs apartment is spacious and includes a master suite with a jacuzzi tub, double vanities, a walk-in shower and an attached walk-in closet. There is also an additional bedroom, a full bathroom, a large kitchen with a breakfast bar, and a wraparound covered deck. There is a front lawn, plenty of paved and gravel parking, and fenced areas for secure storage. The detached shop is 6000 sq/ft with multiple oversized shop doors to include a pass-through section making it easy to accommodate large equipment and vehicles. The shop already has two tenants providing income. Let the tenants cover your mortgage payments and build your equity quickly. A savvy buyer will recognize the incredible investment returns. Showings are arranged through the listing office. There is a lot going on here and this property is well suited to so many business and investment ventures. The possibilities are limited only by your imagination. Ask for the prospectus APOD indicating +9% capitalization rate.

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IDX information © 2022 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or RE/MAX Associates of Fairbanks.
www.homesforsalefairbanksak.com/homes/120823126
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3850 & 3846 Royal Rd Fairbanks, AK 99701

  • Price: $909,900
  • Status: Active
  • On Site: Days
  • Updated: 35 min ago
  • MLS #: 148197
0
Beds
0
Baths
0
½ Baths
1.7
Acres
10,932
SQFT
$83
$/SQFT
1984
Built
Neighborhood:
King Industrial
Area:
South West Fairbanks
Property Description
So many possibilities with this property! 1.7 acres of GU-1 zoned property in the heart of Fairbanks industrial and commercial area. Both buildings have 2x8 walls with longevity and efficiency in mind. The main building features four offices with two half bathrooms. There is also an attached oversized two car garage and a large 25x60 shop/work bay area with two-story high ceilings and a 14 high overhead door. There are laundry hook ups both upstairs and down. The upstairs apartment is spacious and includes a master suite with a jacuzzi tub, double vanities, a walk-in shower and an attached walk-in closet. There is also an additional bedroom, a full bathroom, a large kitchen with a breakfast bar, and a wraparound covered deck. There is a front lawn, plenty of paved and gravel parking, and fenced areas for secure storage. The detached shop is 6000 sq/ft with multiple oversized shop doors to include a pass-through section making it easy to accommodate large equipment and vehicles. The shop already has two tenants providing income. Let the tenants cover your mortgage payments and build your equity quickly. A savvy buyer will recognize the incredible investment returns. Showings are arranged through the listing office. There is a lot going on here and this property is well suited to so many business and investment ventures. The possibilities are limited only by your imagination. Ask for the prospectus APOD indicating +9% capitalization rate.
Exterior Features

Construction ConcreteFrame Lot Size 1.0-1.9 Ac Parking Spaces 20

Interior Features

Approx Sq Ft Unit 10001-20000 Heating Hot Water Baseboard Restrooms 4

Property Features

Business Type ShopWarehouseOfficeMulti-Purpose CCRs YN No Commercial Type Multi-Purpose Fuel Source Oil Miscellaneous Living QuartersTruck DoorAuto BayShelvingInside StorageFencing Possession Recording Rent Includes InsuranceBuilding MaintenanceParking Reo YN No Short Sale YN No Taxes $10040.90 Terms Cash/Refinance Type Of Property Multi-Purpose Utilities WellSepticElectricPhoneBuried Fuel Tank Zoning General Use District - 1 Zoning Overlay N/A

Listing provided courtesy of Stacy Harvill of Madden Real Estate With Keller Williams Realty.
IDX information © 2022 Greater Fairbanks Board of Realtors Multiple Listing Service.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not guaranteed accurate by the MLS or RE/MAX Associates of Fairbanks.
 
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RE/MAX Associates of Fairbanks
105 Adak Avenue
Fairbanks AK, 99701