3850 & 3846 Royal Rd, Fairbanks, AK 99701 | Listings

3850 & 3846 Royal Rd, Fairbanks, AK 99701

  • $909,900
  • 4 Full Baths
  • 10,932 sq ft
  • Year Built: 1984
  • Commercial
  • Listing #148197

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 25’x60’ 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.

Listing Details

Price$909,900
Bathrooms4 Full Baths
Year Built1984
Property TypeCommercial
Listing #148197
StatusActive
Listing TypeFor Sale

Interior Features

Square Feet10,932
Heating and CoolingHOT WATER BASEBOARD

Exterior Features

Lot Size1.70 acres

Miscellaneous

MLS AreaSOUTH WEST FAIRBANKS

Virtual Tour

Virtual Tour URLhttps://www.tourfactory.com/2911247

Courtesy of Stacy Harvill, Madden Real Estate With Keller Williams Realty

Greater Fairbanks BOR©2021 Greater Fairbanks Board of REALTORS®. All rights reserved. Information is supplied by seller and other third parties and has not been verified. 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.
This content last updated on 12/4/2021 11:24 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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