60,000 SQFT on display for First Friday open house

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The 3,000 sq. ft. Cole Building on Cushman Street is the former home of Carr’s Clothing Store and is nestled between McCafferty’s and the World Eskimo Indian Olympics headquarters. 

In the last five years, downtown has enjoyed more than $40 million of public investment in new streets, utilities and sidewalks. At the same time, business activity has increased downtown, especially noticeable in the number of new businesses choosing to locate and stay downtown.

The historic George C. Thomas Memorial Library, on 1st Avenue, is 2,332 sq. ft. in size and across the street from the equally historic Heritage Hall. 

“Downtown is open for business,” said David van den Berg, executive director of the Downtown Association. A 2016 survey by the organization found that approximately 300 businesses are located in the downtown area.

To showcase almost a dozen commercial spaces available for lease or sale downtown (totaling more than 60,000 sq. ft.) the Downtown Association of Fairbanks will host a Commercial Space Open House on Friday, October 6 from 5-7 PM. 

“This open house works in two ways. It will appeal to the curious, as well as to local business owners seeking a better lease or a better situation,” said van den Berg.

Several of the properties listed are of historic and cultural interest including the Masonic Temple, George C. Thomas Memorial Library, Courthouse Square and Heritage Hall, the current home of the Alaska Mining Hall of Fame Foundation.

The Masonic Temple, built in 1906, is one of Fairbanks’ oldest original wooden structures. The building, which faces the Chena River, is more than 8,000 sq. ft. in size and is available for $250,000.

“We’re very excited to have these properties available for this year’s tour, especially the Masonic Temple,” van den Berg said. “Who doesn’t want to go inside that building?”

Featured properties are brokered by their owners or listed by Alaska Commercial Properties, Century 21, Chinook Commercial Properties, JL Properties, Pruhs Real Estate Group, Tom Roberts Realty and Bruce Wammack. Please feel free to view our complete listing database, as well as our self-guided tour map and raw land map

The Downtown Association held a similar open house in 2016. Out of the dozen spaces shown last year, more than half have been sold or are leased-up. “Downtown continues to trend upward,” van den Berg added.

To start the self-guided tour, find the Downtown Association’s booth inside the lobby of the Co-Op Plaza beginning at 5PM. Properties will be available to tour until 7PM. The event coincides with First Friday activities downtown.


Please feel free to view our complete listing database, as well as our self-guided tour map and raw land map