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398 Hamilton Avenue, Fairbanks, AK 99701

Description

Legal Description:
G-11-A-1 and G-11-A-3, Block 15, Graehl Townsite

Street Address:
398 Hamilton Avenue & 510 Fourth Street, FBKS, AK

Tax Amount:
$14,222.50

Mill Rate:
17.278

Structure Size:
10,752 Square Feet

Parcel Size:
28,268 Square Feet
0.65 Acres

Year Built:
1983

Zoning:
MFO—Multiple Family/Professional Office

Road Service Area:
City of Fairbanks

Flood Determination:
Zone X500

Emergency Responder:
Fairbanks Fire
Fairbanks Ambulance

The building was built in 1983 and consist of two lots. The lot facing Hamilton Avenue consist of 10,425 Square Feet and the lot off of Fourth Street consist of 17,843 Square Feet. The total of the two lots are 28,268 Square Feet.

It is constructed of wood frame with two stories above ground and a full daylight basement. The total square footage of the building is 10,752 Square Feet, including the stairwells. Usable building area is 9,600 Square Feet. The building has many sections and areas such as offices, kitchen, lavatories, and storage. With modifications the building could be converted to office uses or other occupancies that can efficiently utilize the structure.

There is a fenced area in the rear of the building and parking to the west with electric plug-ins. There are five parking spaces at the Hamilton Avenue side and space for about 25 on the Fourth Street side. Based on zoning requirements, the building will require 48 spaces for office use.

Priced at $250,000
(Two Hundred Fifty Thousand Dollars)
Terms are Cash

This package has been prepared for informational purposes to assist a potential purchaser in determining whether they wish to proceed with an in-depth investigation of the property. No representations or warranties, expressed or implied, as to the accuracy or completeness of this package or any of its contents shall be deemed made, and no legal commitment or obligation shall arise by reason of this package or its contents. *Interested parties are expected to review, independently, all documents relating to the property, as to the accuracy and completeness of the information contained herein.

This package is subject to errors, omissions, price change or term, physical condition, expenses of operation (past, present or future income), zoning, covenants & restrictions, survey, access, soils condition, water & septic, fuel tanks, contamination, local/state/federal requirements or other matters affecting the value or use of the property.

It is your responsibility to ascertain the potential for: flooding-rock slides-avalanches-earthquake area, and other natural hazards. It's the buyer's responsibility to verify, locate survey markers or have the corners located by a qualified person. *Due to the nature of our properties the location of our real estate signs may not warrant the location of the property(s). As in any real estate transaction or investment, we further suggest that you seek legal counsel and financial advice. Most land in the State of Alaska is "surface estate only". Government agencies, Native Corporations, etc usually withhold subsurface rights.