394 FARMERS LOOP RD
FAIRBANKS, AK 99712
$850,000
0 Beds
1 Baths
4,896 Sq Ft
Status Active
MLS# 154676
Lots of opportunities await at this 9.48 acres of General Commercial zoned property. Starting with over 600 feet of Farmers Loop Frontage and including improvements to use the lower 3 acres as secured RV Storage with fencing and automatic fence opener, storage office, light poles and a sign pole already installed. The upper area includes a heated 2,400 sq. ft. shop, 1,920 sq. ft. dry storage building, a studio apartment, and other outbuildings. The shop was built with large drive through doors and pilings are under each steel beam and the center. 8-9” concrete in the middle of the shop between the doors and 4.5” on the perimeter allowing for equipment as heavy as a D-9 to be serviced inside. Plentiful flat parking or room for further expansion. If a buyer would like to purchase the upper approximately 6.5 acres by itself the seller is willing to subdivide the lot and sell the lower RV storage opportunity separately. Owner Terms of min 20% down, 20 yr. amortization, 8% Interest and a 5-year call. Fully develop the Storage opportunity and cover the entire properties mortgage payment if done right. Another 6.79 acres of Farmers Loop frontage (over 600’), GU-1 zoned and available after this parcel’s sale. A further approximately 7.5 acres with a custom ranch single family home could be rolled into a larger purchase.
Details for 394 FARMERS LOOP RD
$174 / Sq Ft
100 parking spaces
93 Days on website
9.48 acres lot