New 2023 Flex Shop + Office + Apartment | North Pole, AK
Own your shop, let the tenant pay the mortgage — 5,400 SF of 2023-built flex with $22,800/yr in-plac
Marketing description
OWN YOUR SHOP & LET THE TENANT HELP PAY THE MORTGAGE! Shop + office + leased apartment under one efficient roof in North Pole. The 3,360 SF shop has three 20x54 bays with 14x14 doors on operators, radiant in-floor heat (Buderus oil boiler), a natural gas makeup heater overhead, 2x8 construction, standing seam interior walls, and five 220V outlets for heavy equipment. Bays have rented at $1,800/mo each when leased. 1,080 SF office with front office, kitchenette/lounge, and 3/4 bath with shower. Upstairs 2BD/1BA apartment (quartz counters, W/D hookups, separate meter) is leased at $1,900/mo + electric through 3/21/27 — income from day one. Dual generator transfer switches, two meters, LED lighting inside and out. Efficient: ~1,300 gal oil/yr plus avg $200/mo gas for the whole building. GU-1 zoning fits truckers, contractors, and small business. Choice Home Warranty available. 48-hr notice for showings. Seller can close on/after 10/01 but willing to negotiate a diff date. Call today!
Investment highlights
- 3,360 SF shop with three 20'x54' bays
- 14'x14' overhead doors on electric operators
- Radiant in-floor heat via Buderus oil-fired boiler
- Ceiling-mounted natural gas makeup air heater
- 2x8 wall construction with standing seam metal interior walls
- Five 220V outlets
- LED lighting throughout with exterior photocell fixtures
- 1,080 SF office — front office, kitchenette/lounge, half bath
- 1,080 SF upstairs 2BD/1BA apartment with quartz countertops
- Washer/dryer hookups in apartment
- Separate electric meter for apartment
- Apartment leased at $1,900/mo + electric through 3/21/2027
- Bays previously leased at $1,800/mo each
- Two electric meters (shop/office and apartment)
- Dual generator transfer switches
- Natural gas connected; oil boiler remains primary heat
- Owner's annual usage approx. 1,300 gal heating oil plus natural gas averaging $200/mo (winter peak approx. $500)
- GU-1 zoning allows a wide range of commercial uses
- Choice Home Warranty available (1–5 year options)
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