1285 Queens Way,Fairbanks, AK 99701
Fairbanks, AK 99701
Description
Turnkey industrial investment in Fairbanks' primary industrial hub with stable in-place income and a performing tenant. This 10,536 SF facility on 1.51 acres offers excellent functionality, strong logistics access, and optional business acquisition--ideal for investors seeking immediate cash flow and long-term growth. 1285 Queens Way presents a well-maintained, fully renovated (2015) industrial asset originally built in 1985. The 10,536 SF building features a 22' clear height, four grade-level doors (16'-18'), a pull-through bay, and a column-free main shop for flexible operations. The property includes three offices (one elevated with shop views), a breakroom/kitchenette, and centralized oil and air lines throughout. A large yard supports equipment, trailer parking, and outdoor storage, with a newer security system in place. Located in Fairbanks' core industrial corridor, the site offers quick access to Highways 2 & 3, the Alaska Railroad, and Fairbanks International Airport (10-15 minutes). Surrounded by contractors, suppliers, and service businesses, the area supports strong tenant synergy. Fairbanks' industrial market remains tight, with ~5% vacancy and steady rent growth. Optional business acquisition provides added upside with an established operation and existing workload in place. Do not disturb tenant. All tours by appointment only.
Details
| MLS # | 26-5602 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 102 |
| Listing Provided By | Powered By Lymburner Realty | Jerry Lymburner |
Features
| SQ Feet | 10,536 |
|---|---|
| Zoning | LI - Light Industrial |
| Acreage | 1.51 |
| Property View | Lake |
Interior
| Heating | Forced Air, Space Heater |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Metal |
|---|---|
| Security Features | Security System |
| Construction Materials | Metal Siding |
| Foundation Details | Poured Concrete |
| Exterior Sp Finish Co Exterior Sp Finish | Metal |
Utilities
| Sewer | Septic Tank |
|---|
Location
| Access Co Access | Dedicated Road, Gravel, Maintained |
|---|
Taxes
| Tax Map Number | N/A |
|---|---|
| Tax Legal Description | Wise Industrial L2 |
Area Information
| State | AK |
|---|---|
| City | Fairbanks |
| Zip Code | 99701 |
| Area | 3C Fairbanks North Star Borough |
| Subarea | Southeast Fairbanks |
| Listing VS Median (in 99701) | |
Price: $2,600,000 low | high Med: $355,000 sqft: 10,536 low | high Med: 4,603 $ / sqft: $247 low | high Med: $77 On site: 102 low | high Med: 148 | |
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Learn More About This Property
| State | AK |
|---|---|
| City | Fairbanks |
| Zip Code | 99701 |
| Area | 3C Fairbanks North Star Borough |
| Subarea | Southeast Fairbanks |
| Listing VS Median (in 99701) | |
Price: $2,600,000 low | high Med: $355,000 sqft: 10,536 low | high Med: 4,603 $ / sqft: $247 low | high Med: $77 On site: 102 low | high Med: 148 | |