1285 Queens Way, Fairbanks, AK 99701

$2,600,000
Property Type: Commercial Sale Square Footage: 10,536 Lot Size (sq. ft.): 610,276 Status: Active
Current Price: $2,600,000 Last Modified: 9/02/2025

Description

10,000 sq/ft shop with office space that is 68' deep, 1.5 acres of land is now available. 16' and 18' foot doors, plenty of parking, pull through bay, newer security system. Appraisal on hand at listing price. Turn key business with plenty of work on the books to hand off to a new owner available for a separate price.

Supplements: Further enhancing this incredible offer, a new owner will enjoy the added opportunity to purchase the existing business. This turnkey operation has a history of success in the location, with plenty of work on the books to hand off to a new owner. The shop is running as an active business - please do not disturb - all tours must be scheduled with the listing broker. Presenting an expertly maintained industrial asset, 1285 Queens Way spans a total of 10,536 square feet that was originally constructed on the 1.51-acre lot in 1985 and fully renovated in 2018. It is equipped with a wealth of desirable features and specs that meet the needs of modern industrial businesses. Robust loading capabilities at the property include four grade-level drive-in doors, including 16- and 18-foot front doors, a 22-foot clear height, as well as a pull through bay. The main workshop features a columnless design for flexible configurations, and operations are supported by three dedicated offices, including an elevated office on a second level overlooking the main workspace, as well as a break room and kitchenette. Other high-quality features that benefit a new owner include oil and air supply lines that run from a central station throughout the property for convenient refueling. There is abundant yard space for vehicle or trailer parking and outdoor storage, and the facility is protected by a newer security system with open-circuit cameras. Sitting within an existing commercial hub, benefits from proximity to large industrial tenants, major highways, and robust logistics infrastructure. The building is surrounded by similar sized facilities for contractors, engineers, auto-related businesses, construction companies, warehouses, and distributors, offering potential for strong synergy and partnership. The site can easily reach both Highways 2 and 3, facilitating the movement of goods across the metro area and the greater region. Longer-distance freight solutions are also available nearby at the Alaska Railroad Fairbanks Depot and the FairbanksInternational Airport, both reachable in 10-15 minutes. The exceptional location also enhances appeal for employees and clients with easy access to the city's best shopping, dining, and recreation amenities. Just 1 mile away, the Cushman Street commercial corridor offers a vibrant thoroughfare lined with national retailers, boutique shops, and popular local restaurants. With several beautiful nearby public parks, including the Tanana Lakes Recreation Area and Pioneer Park, employees and clients at the property are never far from best-in-class outdoor recreation.Lending support for local businesses, Fairbanks boasts a performing Industrial Market along with a valuable demographic profile within 10 miles.The area brings a population of more than 70,000, a workforce of more than 50,000, and over 5,800 businesses. With over 20% of the local workforce employed in blue-collar industries, there is a strong talent pipeline of motivated and qualified new employees for industrial businesses.This has created a consistent stream of demand for quality space like the subject property, driving vacancies well below the 5- and 10-year average to just 5.1%, while rents have displayed steady annual growth of 4.5% on average during the past five years. This cements 1285Queens Way as a premier industrial investment, with significant short-term and long-term growth potential. Don't miss this incredible chance to join Fairbanks' thriving industrial market, with the acquisition of a fully occupied and expertly maintained industrial facility.

More Information MLS# 25-9805

Contract Info

Foreclosure/Bank Own: No Price-List: 2600000 Date-Listing: 2025-08-01 Status: Active

Location, Tax and Legal

Region: 3 - Interior & North Alaska Regions - All Borough/Census Area: 3C - Fairbanks North Star Borough Grid # (Muni Anch): N/A Tax Map #-Mat-Su: N/A Legal: Wise Industrial L2

Property Info

Realtor.com Type: Commercial Construction Status: Existing Structure Building Status: Owner Occupied Acres: 14.01 SF-Lot: 610276 Lot Area Source: Tax Authority Zoning: LI - Light Industrial Type of Property: Mixed Use SF-Res: 10536

Directions and Remarks

Directions: Mitchell Expressway to Lathrop, head south across Van Horn to Queens Way, property on right.

To Show

ShowingTime: 1

Building Info

Parking Space-Ttl #: 75

Listing Terms Financing

1031 Exchange: 1 Cash: 1 Owner Finance: 1

Primary Space

Industrial: 1 Land: 1 Office/Warehouse: 1 Warehouse/Shop: 1

Secondary Space

Office/Warehouse: 1

Exterior Finish

Metal: 1

Heating

Forced Air: 1 Space Heater: 1

Roof Type

Metal: 1

Construction Type

Metal Siding: 1

View Type

Lake: 1

Foundation

Poured Concrete: 1

Flooring

Concrete: 1

Walls

Metal: 1

Access

Dedicated Road: 1 Gravel: 1 Maintained: 1

Sewer

Septic Tank: 1

Water Source

Well: 1

Warehouse/Shop

SF-Whs Apx: 10000 Whs-Dock Hi Door Sz: 18'

Features-Commercial

3 Phase Electric: 1 Automotive Allowed: 1 DSL/Cable Available: 1 Fencing: 1 Floor Drain(s): 1 HW Heater - Elec: 1 Master Meter - Elec: 1 On-Site Parking: 1 Overhead Door(s): 1 Restroom(s)-Private: 1 Security System: 1 Wtrfnt-Actual Frntg: 1

Documents

Appraisal: 1

Location Tax and Legal

Area: 720 - Southeast Fairbanks Street #: 1285 Street Name: Queens Arterial: Way Closest USPS Town: Fairbanks State: AK Zip Code: 99701

Property Features

Primary Space: Industrial; Land; Office/Warehouse; Warehouse/Shop Secondary Space: Office/Warehouse Heating: Forced Air; Space Heater Exterior Finish: Metal Construction Type: Metal Siding Foundation: Poured Concrete Roof Type: Metal Flooring: Concrete Walls: Metal Sewer: Septic Tank Water Source: Well Features-Commercial: 3 Phase Electric; Automotive Allowed; DSL/Cable Available; Fencing; Floor Drain(s); HW Heater - Elec; Master Meter - Elec; On-Site Parking; Overhead Door(s); Restroom(s)-Private; Security System; Wtrfnt-Actual Frntg Access: Dedicated Road; Gravel; Maintained View Type: Lake To Show: ShowingTime Listing Terms Financing: 1031 Exchange; Cash; Owner Finance Documents: Appraisal
Listing Office: Powered By Lymburner Realty
IDX
Last Updated: September - 02 - 2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than the site owner are marked with the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Site contains live data.