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1528 S Cushman Street, Fairbanks, AK

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1528 S Cushman Street

Fairbanks, AK 99701-6204


Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing Year Built:1955
Building Size:6,836 SF Land Area:.35 AC (15,451 SF)
For Sale Price:$375,000 Price/SF:$54.86
Cap Rate:-
Parking:12 Surface spaces are available; Ratio of 2.74/1,000 SF


Legal Description:

Lot 3, Bolck 5 Rickert/E100, Lot 4 Block 5

Property Description:

1528 and 1532 Cushman Street, Approximately 15,400 sq.ft. of land with a combination of concrete, frame, and log construction.
The 2-story building houses a barbershop, restaurant, and apartments. There are 3 rental units; the barbershop and the restaurant are leased.

Assessor Parcel Number 0088293


Sale Notes:
The building at 1528 South Cushman is built on concrete slab with concrete walls. There are 8 inch block walls on the main level and frame, log on upper level. The roof is metal and shingles.
There is 2, 842 square feet on the first floor and is currently being rented and operated as a restaurant. The restaurant is fully furnished for the tenant, there is new flooring and bathrooms.
The basement level has two (2) one (1) bedroom apartments, both units are currently rented. There is also an office that could be rented out.
Located on the second floor there are two apartments, one, 1 bedroom and one 2 bedroom, they are both currently leased.
The residential units, have been remolded in the past year.
There is plenty of parking for tenants and customers are on the South side of the building, and also the west end of the property. Approximately room for fifty (50) vehicles.
1532 Cushman Street is the parking lot that is along the south side of the building.
For the full financials please fill out the confidentiality agreement in the back of the marketing package.

Alaska Commercial Properties, Inc.
Pamela D Throop
(907) 456-6008




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