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590 University Avenue - Attorney's Plaza, Fairbanks, AK

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590 University Avenue - Attorney's Plaza

Fairbanks, AK 99709-3641

Property Type:Office Sub Type:- Status:Existing Year Built:1982
Stories:2 Typical Floor:11,494 SF Building Size:22,989 SF
For Sale Price:$1,450,000 Price/SF:$63.07
Cap Rate:6.00 %

Sale Notes:
An extremely well build building in a very nice area between Airport Way and College Road on University Avenue. This is an opportunity to own one of the better buildings in Fairbanks.
Landmark property on University Avenue. Built in 1982 for the present owners as a home for their law firm. Its now houses the University of Alaska, GSA, Soil & Water Conservation, Bistline Construction, just to name a few. An extremely well built building.
The bathrooms are tiled to the ceiling. In the basement bathrooms there are showers in both. The entire building has a sprinkler system.
A local contractor was involved in a portion of the original construction. He maintains an office in the building and has performed on site repairs and maintenance it since it was new. He is a wealth of information. The property manager has been involved since the construction and has all the operating cost as well as is versed in all aspects of the management, contracts and operations.
9/10th of the acre is partial paved. There is a smaller building on site for GSA' s equipment. There' s a full set of blue prints.
From the west side of Airport Way, To University Avenue, down University Avenue about half a mile the building will sit on your left side.

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

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