Located in the center of Fairbanks on 1.33 acres, access from Illinois Street or Phillips Field Road For Sale or Possible Lease $1,400,000 for both buildings 401- 8750 sq', Current MG lease (available Fall 2025) 403- 2000 sq', Current MG lease Property Details: Three phase power (401) Loading docks (401) Natural gas (401 & 403) – 401-Boiler can be converted to oil. Property is fenced and gated Large lay-down yard City water Zoned heavy industrial Alaska Railroad land lease 401 Driveway Street- Warehouse/office/shop- 8750 square feet total Currently leased Original building is 5000 sq', (50' X 100') steel framed, includes 1350 sq' mezzanine, built in 1972, extensive remodel and upgrades, 2006 to current date (see below). 5000 sq', dock high with two loading docks and covered ramp to grade. 1350 sq', office space 1350 sq' mezzanine above office space 3650 sq' of warehouse 2400 sq' drive through shop area (see below 2008 addition) Below grade concrete foundation and concrete floor Three phase power City water and private septic system Hardwired security system, includes cameras and door sensors All lighting upgraded to LED 2016 New flooring in the office 2019 3 restrooms, one with shower Remodel, upgrades and addition, starting to 2006 to date includes: Replace oil fired boiler and through the roof oil fired unit heaters with a single natural gas fired hydronic boiler. This boiler can be converted back to oil Combination of baseboard, radiant floor and fan/coil unit heaters Weatherize and re-insulate all exterior walls of original building Add 8” EPS to the pitched roof and cover with .060” fully adhered EDPM membrane Replace all windows with triple pane windows Replace all doors Personnel doors, aluminum storefront and fiberglass Overhead doors, loading dock doors 1 each 9' X 10' and 1 each 10' X 10' (with electric operator) Ground level addition added in 2008- 40' X 60' (2400 sq') drive through shop ICFS foundation, 8” SIPS panels, truss roof system 3 each 12' X 12' X 3” doors with electric operators Radiant floor heat and unit heater Currently MG Leased Utilities and ARR lease for 401: IGU, (Natural gas) 12 month average $604 per month Golden Heart Utilities (Water service only) average $154 per month GVEA Electric average $715 per month ARR land lease estimated (1.33 acre / 58,102 sq') $1,000 per month 403 included in ARR land lease Estimated – Actual will be calculated once the property is divided and lease is renewed. 403 Driveway Street- Warehouse 2000 square feet (40' X 50') Engineered steel framed building with steel wall panels Below grade concrete foundation and concrete floor Ramp to overhead door Walls and ceiling insulated Natural gas heat New metal roof 2012 Dry, no water or sewer service Single phase power Currently MG leased Also available - 407 & 409 Driveway Street located adjoining property to the north with an additional 1.28 acres. Please request additional information.