505 Illinois Street

    Fairbanks, AK 99701
    • $600,000
    • STATUS: Active
    • MLS #: 134185
    UPDATED: 71 min ago
    $600,000
    • 0
      BEDS
    • 1.88
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,582
      SQFT
    • $91
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1927

    School Ratings & Info

    Description

    The property has been converted to condominiums and each have specific legal descriptions. Each has a distinct layout. Each has surrounding grounds that are part of the legal description. There is a condo association and all the disclosures. The condo association will manage and over see the remainder of the grounds that are outside of the unit ownership. Each condo owner will be responsible for their own heat electric, maintenance and grounds within their legal description. The condo association will maintain the grounds outside of the individual units property to include snow removal, mowing, etc., pay all the water and sewer for the entire association, pay taxes and insurance on the common area, management fee. The garages fall within the common ownership and will be maintained by the association. An opportunity to own one of Fairbanks most beloved historic sites, the original Fairbanks Exploration Company housing for top management. There are five (5) separate buildings - each is unique. Presently three of them are utilized for offices, the fourth for assisted living. The fifth one is a shared garage. The buildings are on the National Historic Register and have maintained their authenticity. Previous owners have been careful to maintain and preserve their original design and in most cases the materials.

    Monthly Payment Calculator

    IDX information © 2018 Greater Fairbanks Board of Realtors Multiple Listing Service.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. Data is deemed reliable but not guaranteed accurate by the MLS or Madden Real Estate with Keller Williams Realty Alaska Group.
    www.fairbanksakhomesearch.com/homes/72710037

    505 Illinois Street Fairbanks, AK 99701

    • Price: $600,000
    • Status: Active
    • Updated: 71 min ago
    • MLS #: 134185
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.88
    Acres
    6,582
    SQFT
    $91
    $/SQFT
    1927
    Built
    Neighborhood:
    Tanana Millsite
    Area:
    North Fairbanks
    Property Description
    The property has been converted to condominiums and each have specific legal descriptions. Each has a distinct layout. Each has surrounding grounds that are part of the legal description. There is a condo association and all the disclosures. The condo association will manage and over see the remainder of the grounds that are outside of the unit ownership. Each condo owner will be responsible for their own heat electric, maintenance and grounds within their legal description. The condo association will maintain the grounds outside of the individual units property to include snow removal, mowing, etc., pay all the water and sewer for the entire association, pay taxes and insurance on the common area, management fee. The garages fall within the common ownership and will be maintained by the association. An opportunity to own one of Fairbanks most beloved historic sites, the original Fairbanks Exploration Company housing for top management. There are five (5) separate buildings - each is unique. Presently three of them are utilized for offices, the fourth for assisted living. The fifth one is a shared garage. The buildings are on the National Historic Register and have maintained their authenticity. Previous owners have been careful to maintain and preserve their original design and in most cases the materials.
    Exterior Features

    Construction Frame Frontage Other/See Remarks Lot Size 1.0-1.9 Ac Parking Spaces 40

    Interior Features

    Approx Sq Ft Unit 5001-10000 Heating Forced Air Restrooms 10

    Property Features

    Business Type RetailShopMedicalProfessional ServicesB & BOfficeMulti-Purpose CCRs YN Z- Unknown Commercial Type Multi-Purpose Documents On File Floor PlanProfit & LossOther/See RemarksRent RollsFuel/Utility UsageLeases Fuel Source Oil Miscellaneous Living QuartersInside StorageOutside StorageOther/See Remarks Possession Closing Rent Includes WaterHeatTrashInsuranceTaxesBuilding MaintenanceSnow RemovalLawn MaintenanceSewerParking Reo YN No Short Sale YN No Taxes 9387.48 Terms 1st Deed Trust/Owner FinCash/Refinance Type Of Property BuildingMulti-PurposeOfficeRetail Utilities Public WaterPublic SewerElectricPhone Zoning General Commercial District Zoning Overlay Historically Signficant

    Listing provided courtesy of Pamela Throop of Alaska Commercial Properties.
    IDX information © 2018 Greater Fairbanks Board of Realtors Multiple Listing Service.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. Data is deemed reliable but not guaranteed accurate by the MLS or Madden Real Estate with Keller Williams Realty Alaska Group.
     
    Madden Real Estate with Keller Williams Realty Alaska Group
    728 Gaffney Road, Suite 100
    Fairbanks AK, 99701