2145 Richardson Hwy 2145 Richardson Hwy 4,032 SF Vacant Industrial Building North Pole, AK 99705 $845,000 ($209.57/SF)

Position your business for success with this highly visible highway-frontage commercial property offering exceptional flexibility for owner-users, investors, and expanding businesses alike. The property features approximately 2,500+ square feet of shop/warehouse space, 660+ square feet of retail or office space, and a 660+ square foot apartment, creating multiple opportunities for owner occupancy, employee housing, or additional rental income.
The shop area is divided into three separate bays, providing the potential to accommodate multiple tenants or business operations. Although the overhead doors have been removed, the original framed headers remain in place, allowing garage doors to be reinstalled with relative ease if desired. Each bay also has overhead ducting in place to accommodate future air-conditioning and heating systems.
Heating is currently provided by forced-air systems in the shop areas and baseboard heat in the office/retail space and apartment. The building underwent an extensive renovation in 2020, including major electrical upgrades to support its previous cannabis cultivation operation. Cat 5 cabling is installed throughout the building, providing excellent infrastructure for security, networking, and modern business operations.
Additional capital improvements include a newly constructed storefront space in 2024, new exterior siding and a new boiler and well pump in 2025, a remodeled upstairs living space in 2026, and a new pressure tank. These recent upgrades reduce near-term maintenance costs and enhance the overall functionality and appearance of the property.
Situated on approximately 1.47 acres, the property provides abundant outdoor space for equipment storage, contractor laydown, fleet parking, snow storage, or future expansion. The generous site layout offers excellent functionality for a wide variety of commercial operations.
Zoned GU-1 (General Use-1), the property supports an extensive range of commercial and light industrial uses, including contractor shops, warehouse and distribution, vehicle service and maintenance, retail, office, light manufacturing, storage, service businesses, and multi-tenant micro-business leasing.
With its flexible floor plan, recent upgrades, income-producing apartment, highway exposure, and future development potential, this property presents an outstanding opportunity to establish a business headquarters or create a diversified commercial investment with multiple revenue streams.