FA.DT.4002 - UAF Parking Facility

 

Description:

Presenting a unique investment opportunity in the heart of downtown Fairbanks — a fully enclosed, multi-level parking facility offering 287 spaces. This prime commercial property spans 1.11 acres and is ideally situated to serve commercial and residential needs. 

Key Features:

• Strategic Location: Conveniently located in downtown Fairbanks, the parking facility provides immediate access to key commercial and residential areas, offering essential solutions in a bustling location. 

• Spacious: With 287 total parking spaces across multiple levels, this facility offers ample room for tenants, employees, and customers. 

• Rooftop Access: The property includes rooftop access, which could offer potential for future development or additional amenities, further increasing its value. 

• Fully Enclosed: The facility is securely enclosed and currently is partially heated, providing protection from the elements, a key feature in the challenging Alaskan climate. 

• Well-Maintained Infrastructure: The structure is built to withstand Alaska's harsh weather conditions, ensuring long-term durability and reliability for users and owners alike. 

Whether you're looking to expand your portfolio, offer parking solutions in a downtown area, or explore redevelopment potential, this property offers a solid foundation for various opportunities. 

 

Competitive Land Sale Purchase Terms and Conditions: The parcel(s) listed above is being offered for sale by the University of Alaska on a competitive basis, at or above the Minimum Price. The terms and conditions of this offering are available below. Offer to Purchase Forms are attached to the terms and conditions. Cash purchases require that the entire balance of the purchase price be paid in full at the time of closing. Cash sales typically take up to 90 days to close, but earlier closings may be accommodated at the University's discretion. Click the links below to review the sample copies of the University's current cash sale closing documents.

• UAF Parking Facility Competitive Land Sale Cash Purchase Disposal Terms and Conditions
• Ethics Disclosure Form (completed & approved form must accompany all offers from University Employees or Family Members)
• Cash Sale - Purchase Agreement
• Cash Sale - Quitclaim Deed

If you have any questions or need additional information, please contact the University of Alaska, Land Management Office.

The parcels will be sold at or above current Fair Market Value.

The University of Alaska, Land Management Office strongly urges anyone wishing to purchase this parcel to first review and read all information provided here and to personally inspect the parcel before submitting an offer. The parcel chosen here by an offeror is taken "AS-IS" and "WHERE-IS" with no guarantees, expressed or implied, as to its suitability for any intended use. The submission of an offer constitutes acceptance of the parcel "AS-IS" and "WHERE-IS". 

Maps and photos included are for graphic representation only and are intended to be used as a guide. Photos are representative of the subject subdivision and may or may not be representative of specific parcels offered for sale in this listing. It is the responsibility of the purchaser to inspect the parcel, review recorded subdivision plats/maps, surveys, and plat notes for specific information on easements, building setbacks, or other restrictions that will affect any individual parcel. Information is made available at the Department of Natural Resources Public Information Centers or on the website at: http://dnr.alaska.gov/landrecords/.