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$360,000
159644 MLS
Positioned along highly desirable College Road, 1019 College Road offers a versatile mixed-use opportunity in one of Fairbanks’ most active commercial corridors. The property features three total units, including two units on the upper level and one unit on the lower level, providing flexible income potential for investors or owner-users. Located directly across from the renowned Creamer’s Field Migratory Waterfowl Refuge, a 2,200-acre destination that attracts both locals and tourists year-round, the property benefits from consistent visibility and traffic generated by outdoor recreation, seasonal events, and daily commuters. This central College Road location places the property within close proximity to the University of Alaska Fairbanks (UAF), a major economic driver for the region. The surrounding “College” area is home to over 11,000 residents and is anchored by the UAF campus, bringing a steady population of students, faculty, and staff that supports nearby businesses and services. Nearby commercial activity includes a mix of restaurants, professional offices, retail services, and neighborhood-serving businesses along College Road, University Avenue, and Geist Road, making this a strong location for both tenant demand and long-term investment stability. The property is also just minutes from Downtown Fairbanks, the economic hub of Interior Alaska, offering convenient access to government offices, and tourism-related businesses. College Road is a primary east-west arterial connecting the university district to downtown and surrounding neighborhoods, with strong daily commuter traffic. Alaska DOT & PF data for nearby corridors and connecting routes in the Fairbanks area indicate consistent traffic flow supported by regional commuter patterns and university activity, reinforcing the site’s exposure and accessibility. With its strategic location, proximity to UAF, adjacency to a major recreational landmark, and easy access to downtown Fairbanks, 1019 College Road presents a compelling opportunity for investors seeking stable rental income or users looking to establish a presence in one of Fairbanks’ most active corridors.

1019 College Road, Fairbanks

$595,000
159630 MLS
Exceptional opportunity in central Fairbanks! Located at the high-visibility intersection of Illinois Street and Phillips Field Road—one of the busiest thoroughfares in town with over 14,000 vehicles passing daily—this versatile commercial property offers a wide range of potential uses. Zoned Light Industrial and located within the Historic Overlay District, this 5,120 sq. ft. concrete block building sits on over half an acre (.62 acres) with two access points and ample paved parking (10+ spaces) plus additional parking space within the secured parking lot. Originally built in 1950 and once a well-known gas station, the building has a rich history in Fairbanks commerce. The gas pumps and canopy were removed in 1977, and the space was transitioned into a tire and wheel shop. Most recently, it served as a successful auto repair shop. The building layout includes a spacious shop area, dedicated office space, retail/showroom frontage, customer service areas, and dual restrooms. Large display windows are jeweler-grade plate glass, offering natural light and prominent exposure for retail or display needs. A delivery/truck door and inside storage area support flexible logistics for a variety of commercial uses. Heating is provided by a hot water baseboard system fueled by oil, with a supplemental pellet stove for added efficiency. Utilities include public water/sewer through Golden Heart Utilities and electric by GVEA. This is a rare chance to own a central Fairbanks commercial property with industrial utility, retail potential, and unbeatable traffic exposure that is priced below appraised value. Schedule your showing today—properties with this kind of history and flexibility don’t come around often! OWNER FINANCING & LEASE OPTIONS AVALABLE

269 Illinois Street, Fairbanks

$169,900
159612 MLS
Welcome to 1526 Noble Street, a charming and historic triplex located in the heart of Fairbanks. Built in 1947, this well-maintained property offers classic character with strong rental potential, producing a gross annual income of approximately $36,000. With a total of 1,568 square feet, the home is divided into three 1 bedroom, 1 bathroom units. Two traditional 1 bedroom apartments upstairs and an efficiency-style unit in the basement. The layout begins with an arctic entryway leading to three separate doors: one to each upstairs unit and one to the staircase that accesses the lower-level apartment. Each unit offers comfortable living spaces with the charm and warmth of a mid-century home. Constructed with durable 2x4 framing, the property has stood the test of time and remains a steady income generator. Conveniently located near downtown shopping, dining, and entertainment, this triplex provides easy access to everything Fairbanks has to offer. Whether you’re an experienced investor expanding your portfolio or a new landlord looking for an affordable entry point into real estate, 1526 Noble Street delivers both opportunity and location in one great package.

1526 Noble Street, Fairbanks

$465,000
7 Beds 3 Baths 159604 MLS
Located in the highly sought-after University West neighborhood, this expansive 7-bedroom home offers the space, flexibility, and comfort today’s buyers are looking for. With room for everyone and everything, this property is ideal for those who need space to live, work, and gather. A two-car garage provides convenient parking and additional storage, while the fully fenced backyard offers a private retreat-perfect for summer evenings, pets, or outdoor entertaining. Inside, the open-concept design creates a natural flow between the kitchen, living, and dining areas, making the home feel both spacious and connected. The kitchen is well-appointed with generous counter space, creating an inviting hub for cooking, conversation, and everyday living. The adjoining living and dining areas provide a warm and welcoming setting for both quiet nights in and hosting friends and family. A versatile bonus space adds even more functionality, easily serving as a family room, game room, media space, or playroom tailored to fit your lifestyle. Ideally located just minutes from the University of Alaska Fairbanks, this home is also close to schools, parks, and playgrounds, offering both convenience and a strong sense of community. Combined with its flexible layout, this is a rare opportunity to enjoy space, comfort, and location. With 3 bathrooms strategically placed throughout the home, mornings flow seamlessly, ensuring everyone's needs are met efficiently. The bonus room offers versatility, whether it's utilized as a home office, a cozy reading nook, or a play area for little ones. Call us today for your home tour! Don't miss this jewel!

4655 Drake Street, Fairbanks

$355,000
159595 MLS
Position your business in one of Fairbanks’ most recognizable and historic corridors with this unique commercial opportunity at 201 Minnie Street, offered at $355,000. Built in 1941 and located in the oldest part of Fairbanks, this 2,275 sq ft property blends character, visibility, and versatility in a way that is hard to find. The front portion features a classic storefront/showroom space with a basement, main floor, and upper level, offering multiple levels for retail display, office use, creative workspace, or customer-facing operations. Attached in the rear is a newer warehouse/storage building, creating a highly functional front-and-back setup that is ideal for businesses needing both a public-facing sales area and dedicated space for inventory, equipment, organization, or production. Situated on approximately 0.25 acres in a Light Industrial district on a main road just moments from downtown Fairbanks, this location offers strong accessibility and excellent exposure near shopping, restaurants, services, and the heart of the city’s commercial activity. Whether you envision a retail shop with back-end storage, a showroom with workshop space, a service-based business, or even a layout that supports multiple uses, this property offers flexibility for a wide range of business models. With one bathroom, a prime in-town location, historic charm, and the rare advantage of combining showroom presence with warehouse utility, 201 Minnie Street is a standout opportunity for an owner-user or investor looking to secure a strategic piece of Fairbanks commercial real estate.

201 Minnie Street, Fairbanks

$499,000
159550 MLS
Since 1974, Chatanika Lodge has been a cherished and historic local hot spot operating as a bar, restaurant, motel, and events venue. This Alaska Icon of over 50 years, comes with a full liquor license and alcohol package store license. Chatanika has been host to many events over the years including car shows/races, outhouse races (at the famous “Chatanika Days”), live music, charitable events, and private events such as weddings and birthdays, etc. There are many other businesses and events that can be incorporated to complement this thriving local business. The restaurant features a full kitchen, large dining room/lounge, stage and dance floor, arcade and pool table, with a long full-service bar in the middle of it all. The motel features 10 rooms with various bed sizes and amenities, and two large bathrooms each with multiple showers, toilets, and sinks. There are living quarters adjacent to the bar/lounge that are perfect for the new owners or managers. There is a paved parking lot in the front, a 2080sq ft. detached shop to the side, two mobile home rentals, and various small outbuildings/sheds on the property. Become the next owner to provide a respite from the hustle of Fairbanks, or to quench the thirst and hunger of those who regularly travel the Steese Highway.

5760 Steese Highway, Fairbanks

$274,900
3 Beds 1 Baths 159547 MLS
Downtown charmer! The historic Fairbanks Townsite Subdivision is a hidden gem nestled right in the middle of town and this log home sits on anoversized lot (two lots, actually) which gives space for a detached two car garage, a finished shed and a generous lawn. Three bedrooms and abathroom, kitchen, dining and cozy living room with a beefy woodstove are all on the main level. The basement keeps the boiler, utilities and thelaundry along with storage. There are hookups in one of the bedrooms for the washer and dryer but the current owners preferred them in thebasement. Super easy access to the river, Pioneer Park, the library and downtown shops and restaurants for all of you walkers, runners andbikers out there.

943 Gilmore Street, Fairbanks