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$8,750,000
0
Beds
0
Baths
28,204
Sqft
1533 LACEY STREET, Fairbanks, Alaska, 99701
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MLS# 159244
This property started life out originally as a 60 unit summer
$8,750,000
1533 LACEY STREET, Fairbanks, Alaska, 99701
0
Beds
0
Baths
28,204
Sqft
0.790
Acres
$8,750,000
1533 LACEY STREET, Fairbanks, Alaska, 99701
0 Beds
0 Baths
28,204 Sqft
0.790 Acres
This property started life out originally as a 60 unit summer only hotel with electric heat. Owners went through the property stripping it entirely to the studs. Updating everything from the studs forward, combining 3 units to make two, ending up with 44 units. With the updated windows, remote wall insulating ( 9 inches of insulation on outside wall of building) High efficiently boilers, radiant floor on all 4 levels have all brough the cost to heat this building to only 37 cents per square foot, per year. No, that's not a typo, it actually is only 37 cents per square foot a year to heat! ($10,500/year) Some apartment complexes spend that in a month! Property has an elevator that access four floors, making it ADA compliant. Current configuration is a high-end multiplex. Property would be wells suited for a contracting company needing office space and housing. Gross income is over $713,000/year.
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Property Details
0 Beds
0 Baths
28,204 Sqft
Built 1974
0.790 Acres
No Patio
Baseboard, Hot Water (Heating)
Siding : Frame
$43,220 Property Tax
Gateway Community
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Location
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About Fairbanks
Ad Statistics
Ad Number
7162025
Viewed
10 times
Added
Jan 20, 2026
Updated on
Jan 20, 2026
Listing Information
Data Source
Greater Fairbanks Board-Realtors
Source Property ID
159244
Disclaimer
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Compliance
Listing Agent: Ray Brasier, BRASIER REALTY, 907-750-3920, 907-750-3920 Listing Site, Listing Status: Active
Copyright © 2025 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2025 Greater Fairbanks Board-Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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