622 11th Avenue, Fairbanks, AK

$5,200,000

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26,000

Square feet

0.70

Acres

About 622 11th Avenue

Investment Opportunity in the Heart of Downtown Fairbanks! Don't miss this rare chance to own a 34-unit complex ideally located in the vibrant core of downtown Fairbanks. This property has been thoughtfully maintained with recent exterior upgrades, including new roofs, fresh paint, updated decks, and improved foundation flashing, ensuring long-term durability and appeal. With a proven track record of strong performance, these units offer high income generation with minimal expenses. Investors will appreciate the impressive cap rate of over 8%, making this an exceptional addition to any portfolio. Whether you're looking to expand your holdings or enter the Fairbanks market with a rock-solid investment, this property checks all the boxes. Bring your investorsopportunities like this don't last long!

Features of 622 11th Avenue

MLS® # 25-11382
Price $5,200,000
Square Footage 26,000
Acres 0.70
Type Commercial Sale
Status Active

Community Information

Address 622 11th Avenue
Area 710 - North Fairbanks
Subdivision Fairbanks Townsite L4-7 B116
City Fairbanks
State AK
Zip Code 99701

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Baseboard
Fireplace No
Has Basement No

Exterior

Roof Membrane
Construction Wood Frame - 2x4
Foundation Other

Additional Information

Date Listed September 3rd, 2025
Days on Market 120
Zoning GC - General Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWalden Home Group

Listing Map

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