See Home Value
$1,468,531*
Commercial - Off Market

1700 PEGER ROAD

Fairbanks, AK 99709
bedrooms
Studio
bathrooms
0 Bath
square feet
8348 Sqft
$900,000 - $1,098,000
Reference Base Price*
47.00%
Since Jul 1, 2019
National-US
Primary Model

About This Property

This State of the Art well maintained commercial building has a total of 8348 sq ft and is currently the home of Party Palace.  Great Location, Peger Road is a high traffic area and this building sits across from the State Troopers Office. The front of the building is a Palace facade made from EFIS, the remainder of the siding is corrugated steel. Roof has a rubber membrane with drainage. Building is heated by natural gas. It has 20 foot ceilings and is handicap accessible, 5758 sq ft. consists of: store frontage, display area, 2 restrooms, 4 dressing rooms, large office with security cameras,  spacious break room, costume room with washer & dryer, large storage room, furnace room with 2 munchkin boilers that have been well maintained.  Huge air conditioning unit that circulates the air but can produce extra heat if needed. This unit cost $32,000 when installed. There is radiant heat throughout the building except for upstairs apt. living room which has baseboard.  Included in the purchase is a double sided LED remote controlled sign that cost $10,000 when installed in 2014. There is approx. 30,000 sq. ft. paved parking with painted line including handicapped parking spaces around the building.  When plowing snow there are 2 deep ditches out front to push snow into. There is a double car garage on the North side of building and a single car on the south totaling about 1300 sq. ft. Upstairs there is an executive living quarter that is 1300 sq. ft and consists of 2 bedrooms 1 bath, large living room, laundry area with washer & dryer.  Master bedroom has a huge walk -in closet.  This price is for building only. Seller is willing to negotiate inventory and assets as well.

The manager has listed the unit size as 8348 square feet.
Unit Size
8,348Ft²
Days on Market
-
Land Size
0.92 acres
Price per sqft
$120
Property Type
Commercial
Property Taxes
$14,069
HOA Dues
-
Year Built
2006

Price History

Date / Event Date Event Price
Oct 7, 2021 Sold $970,000
Sold
Jun 4, 2019 No longer available -
No longer available
Dec 7, 2018 Price Decreased $999,000
↓ $201K (16.8%)
Price Decreased
Mar 23, 2018 Listed $1,200,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180323
03/23/2018
Studio
-
8348 ft²
$1,200,000
bedrooms
Studio
bathrooms
-
square feet
8348 ft²
-
-
-
-

Building Info

1700 Peger Road 1700 Peger Road, Fairbanks, AK 99709
More about this Building
1700 Peger Road
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About Davis-Van Horn


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Nearby Rentals

Unit for rent at 1660 Peger Road, Fairbanks, AK, 99709

$1,800 /mo

  • 2 Beds
  • 2 Baths
1660 Peger Road #4, Fairbanks, AK, 99709 Listing by Toni Brewer


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