1285 Queens Way, Fairbanks AK 997011 / 41

$2,600,000

Active

1285 Queens Way

Fairbanks AK 99701

Wise Industrial

Powered By Lymburner Realty

0

Bathrooms

10,536

Sq Ft

$247/sqft1.51 acres lot

MLS# 26-5602· Listed May 18, 2026

Live MLS feed

About This Property

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.

Documents & insights

1 document from current & prior listings · parcel #Internet Y/NTax Parcel0.

AI Summary

Summary of 1 document from this property's current and prior listings. 0 items worth reviewing, plus 9 additional facts captured.

A sample of what's in the documents

InfoPrior listing — Expired Aug 2025

Title report noted

The Title info records this as a neutral observation — quoted text below.

Property Address: 1285 Queens Way, Fairbanks, AK 99701
View source — Title info
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Property Details

Property TypeCommercial Sale
Sub TypeMixed Use
Lot Size1.51 acres
SubdivisionWise Industrial
Legal DescriptionWise Industrial L2
Parcel #Internet Y/NTax Parcel0
MLS #26-5602

Heating

Forced AirSpace Heater

Flooring

Concrete

Water Source

Well

Sewer

Septic Tank

View

Lake

Price & Status History

5/18/2026
Listed for sale
$2,600,0000.0%
$247/sqft
Source: AKMLS #26-5602
4/1/2026
Expired
$2,600,0000.0%
$247/sqft
8/1/2025
Listed for sale
$2,600,0000.0%
$247/sqft
8/21/2024
Listed for sale
$2,600,000
$247/sqft

* Alaska is a non-disclosure state. Prices shown are listed asking prices, not recorded sale prices.

Equal Housing Opportunity

Listed by: Jerry Lymburner · Powered By Lymburner Realty

Alaska MLS

© 2026 Alaska Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Dream Makers. Data last updated June 2026.

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Greg Shepard

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Mortgage Estimate

Down payment10% · $260,000
Interest rate7.0%
Loan term30 years

$15,568/mo

$2,340,000 loan · 30yr · 7.0%

Estimate only. Taxes & insurance not included. Rates vary by lender.

Greg Shepard

Dream Makers

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